Randolph County, West Virginia Property Taxes
The median property tax rate in Randolph County is 0.40%, which is significantly lower than both the national median of 0.99% and the West Virginia state median of 0.72%. With the median home value in Randolph County at $82,600, the typical annual property tax bill amounts to $381, well below the national median of $2,690. Property taxes in Randolph County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Randolph County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Elkins or another part of Randolph County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Randolph County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$330
$307
Ownwell’s Randolph County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Randolph County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Randolph County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Randolph County, West Virginia
Property taxes in Randolph County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Randolph County is 0.40%, which is lower than the U.S. national median of 0.99%. Local government entities within Randolph County set these rates annually, and they can vary significantly between different areas within the county. Each year, Randolph County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Randolph County's effective property tax rate with other counties in West Virginia and the national median. For comparison, the city of Elkins has one of the higher property tax rates in West Virginia at 0.41%, while the city of Dailey boasts one of the lowest at 0.40%. Analyzing how Randolph County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Randolph County Tax Rate
0.40%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Randolph County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belington | N/A | N/A | N/A | N/A | N/A |
| Beverly | N/A | N/A | N/A | N/A | N/A |
| Bowden | 0.27% | 0.40% | 0.40% | 0.41% | 0.81% |
| Coalton | 0.24% | 0.39% | 0.40% | 0.41% | 0.81% |
| Dailey | 0.25% | 0.27% | 0.40% | 0.40% | 0.77% |
| Dryfork | 0.30% | 0.40% | 0.40% | 0.40% | 0.81% |
| Elkins | 0.30% | 0.40% | 0.41% | 0.55% | 1.11% |
| Ellamore | 0.32% | 0.40% | 0.40% | 0.40% | 0.81% |
| Glady | 0.40% | 0.40% | 0.40% | 0.81% | 0.81% |
| Harman | 0.23% | 0.40% | 0.40% | 0.41% | 0.81% |
| Helvetia | 0.24% | 0.39% | 0.40% | 0.40% | 0.43% |
| Huttonsville | 0.27% | 0.40% | 0.40% | 0.55% | 0.81% |
| Kerens | 0.27% | 0.32% | 0.40% | 0.40% | 0.81% |
| Mabie | 0.18% | 0.34% | 0.40% | 0.41% | 0.81% |
| Mill Creek | N/A | N/A | N/A | N/A | N/A |
| Monterville | 0.27% | 0.40% | 0.40% | 0.51% | 0.81% |
| Montrose | 0.26% | 0.37% | 0.40% | 0.41% | 0.81% |
| Norton | 0.16% | 0.40% | 0.40% | 0.41% | 0.81% |
| Pickens | 0.32% | 0.40% | 0.40% | 0.71% | 0.81% |
| Valley Bend | 0.26% | 0.33% | 0.40% | 0.40% | 0.41% |
| Valley Head | 0.24% | 0.40% | 0.40% | 0.81% | 0.81% |
| Whitmer | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Randolph County, West Virginia
In Randolph County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Randolph County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Randolph County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Randolph County, the median home price is $82,600, with tax bills ranging from $183 at the 25th percentile to $947 at the 90th percentile. Notably, Elkins has the highest median tax bill at $503, while Glady has the lowest at $133. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Randolph County, West Virginia
Source: Ownwell
$28,000
$66,900
$105,800
Average Randolph County Assessed Value
$82,600
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Randolph County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belington | N/A | N/A | N/A | N/A | N/A |
| Beverly | N/A | N/A | N/A | N/A | N/A |
| Bowden | $9,150 | $37,325 | $78,600 | $123,525 | $186,570 |
| Coalton | $14,620 | $40,300 | $79,400 | $126,250 | $173,940 |
| Dailey | $70,420 | $82,225 | $89,400 | $103,050 | $108,960 |
| Dryfork | $13,700 | $28,950 | $87,300 | $175,700 | $246,000 |
| Elkins | $23,400 | $61,300 | $98,500 | $148,200 | $217,340 |
| Ellamore | $7,240 | $16,900 | $28,000 | $62,200 | $115,540 |
| Glady | $9,780 | $16,050 | $32,800 | $53,150 | $74,090 |
| Harman | $7,000 | $29,300 | $61,300 | $108,800 | $169,320 |
| Helvetia | $8,300 | $32,600 | $72,200 | $104,700 | $139,120 |
| Huttonsville | $5,290 | $25,600 | $65,200 | $104,650 | $170,340 |
| Kerens | $23,020 | $60,700 | $105,800 | $166,400 | $228,800 |
| Mabie | $2,360 | $28,575 | $58,500 | $98,850 | $137,400 |
| Mill Creek | N/A | N/A | N/A | N/A | N/A |
| Monterville | $17,800 | $32,900 | $72,400 | $113,500 | $165,700 |
| Montrose | $12,100 | $46,800 | $94,000 | $150,100 | $220,440 |
| Norton | $7,600 | $24,200 | $36,500 | $54,300 | $101,700 |
| Pickens | $7,390 | $20,725 | $36,550 | $98,000 | $139,280 |
| Valley Bend | $18,480 | $81,100 | $101,100 | $123,200 | $165,300 |
| Valley Head | $4,500 | $26,300 | $47,300 | $78,600 | $133,720 |
| Whitmer | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Randolph County, West Virginia
In Randolph County, WV, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the assessed value, including the property's location, size, and any improvements made. For homeowners in Randolph County, the median home price is $82,600. The tax bills can vary significantly, with the 25th percentile at $183 and the 75th percentile at $632. The 90th percentile tax bill reaches up to $947. Comparatively, Elkins has the highest median tax bill within the county at $503, whereas Glady has the lowest at $133. These property taxes fund essential local services such as schools, public safety, and infrastructure. Homeowners must budget for these taxes, as they are a recurring expense that can impact overall financial planning. Understanding how these taxes are calculated can help homeowners anticipate their obligations and plan accordingly.
Average Randolph County Tax Bill
$381
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Randolph County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belington | N/A | N/A | N/A | N/A | N/A |
| Beverly | N/A | N/A | N/A | N/A | N/A |
| Bowden | $74 | $162 | $322 | $550 | $863 |
| Coalton | $80 | $192 | $357 | $548 | $757 |
| Dailey | $210 | $264 | $356 | $441 | $569 |
| Dryfork | $77 | $132 | $347 | $779 | $1,094 |
| Elkins | $132 | $294 | $503 | $769 | $1,115 |
| Ellamore | $49 | $70 | $158 | $287 | $547 |
| Glady | $47 | $75 | $133 | $237 | $364 |
| Harman | $35 | $107 | $248 | $463 | $747 |
| Helvetia | $81 | $132 | $282 | $410 | $566 |
| Huttonsville | $63 | $138 | $290 | $477 | $720 |
| Kerens | $108 | $232 | $371 | $657 | $940 |
| Mabie | $51 | $116 | $251 | $413 | $556 |
| Mill Creek | N/A | N/A | N/A | N/A | N/A |
| Monterville | $87 | $144 | $294 | $510 | $853 |
| Montrose | $92 | $195 | $395 | $618 | $885 |
| Norton | $31 | $86 | $148 | $238 | $402 |
| Pickens | $33 | $101 | $177 | $420 | $646 |
| Valley Bend | $114 | $269 | $390 | $498 | $677 |
| Valley Head | $42 | $122 | $206 | $329 | $583 |
| Whitmer | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell