Summers County Property Taxes
The median property tax rate in Summers County is 0.41%, 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 Summers County, the typical annual property tax bill is $304, far below the national median of $2,690. Property taxes in Summers County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Summers County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Hinton or another part of Summers County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Summers County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.41%
Estimate Property Tax Bill
$271
Ownwell’s Summers County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Summers County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Summers 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 Summers County, West Virginia
Property taxes in Summers County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Summers County is 0.41%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Summers County set these rates annually, and they can vary slightly between different areas within the county. Each year, Summers 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. For comparison, the city of Hinton has one of the higher property tax rates in Summers County at 0.41%, while the city of Wayside also has one of the lowest at 0.41%. Analyzing how Summers County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Summers County Tax Rate
0.41%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Summers County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alderson | 0.24% | 0.41% | 0.41% | 0.81% | 0.81% |
| Ballard | 0.26% | 0.38% | 0.41% | 0.41% | 0.64% |
| Cool Ridge | 0.33% | 0.37% | 0.41% | 0.41% | 0.81% |
| Forest Hill | 0.26% | 0.41% | 0.41% | 0.41% | 0.81% |
| Hinton | 0.24% | 0.41% | 0.41% | 0.81% | 1.24% |
| Jumping Branch | 0.26% | 0.34% | 0.41% | 0.41% | 0.81% |
| Meadow Bridge | 0.22% | 0.31% | 0.41% | 0.45% | 0.81% |
| Meadow Creek | 0.19% | 0.28% | 0.41% | 0.81% | 0.81% |
| Nimitz | 0.21% | 0.30% | 0.41% | 0.41% | 0.81% |
| Pence Springs | 0.24% | 0.31% | 0.41% | 0.65% | 0.81% |
| Peterstown | 0.30% | 0.34% | 0.41% | 0.41% | 0.81% |
| Pipestem | 0.28% | 0.37% | 0.41% | 0.81% | 0.81% |
| Sandstone | 0.24% | 0.33% | 0.41% | 0.62% | 0.82% |
| Talcott | 0.24% | 0.41% | 0.41% | 0.81% | 0.81% |
| Wayside | 0.21% | 0.27% | 0.41% | 0.41% | 0.81% |
| White Oak | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% |
Source: Ownwell
Property Tax Assessment Values Across Summers County, West Virginia
In Summers 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 Summers 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 Summers 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. For example, Cool Ridge has the highest median tax bill at $623, while Talcott has the lowest at $231. Being aware of these valuation processes in Summers County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Summers County, West Virginia
Source: Ownwell
$53,200
$106,050
$158,900
Average Summers County Assessed Value
$66,000
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Summers County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alderson | $15,300 | $27,875 | $58,350 | $98,975 | $164,400 |
| Ballard | $18,210 | $64,425 | $96,200 | $134,850 | $144,590 |
| Cool Ridge | $44,460 | $82,500 | $158,900 | $216,800 | $257,000 |
| Forest Hill | $16,360 | $30,650 | $62,300 | $111,575 | $163,340 |
| Hinton | $18,900 | $34,000 | $59,750 | $104,075 | $156,410 |
| Jumping Branch | $20,600 | $46,100 | $90,300 | $142,700 | $213,600 |
| Meadow Bridge | $18,840 | $42,800 | $78,400 | $121,950 | $171,320 |
| Meadow Creek | $18,440 | $39,500 | $60,450 | $82,400 | $106,550 |
| Nimitz | $17,320 | $49,300 | $92,800 | $143,750 | $228,380 |
| Pence Springs | $35,550 | $62,300 | $83,200 | $124,800 | $172,550 |
| Peterstown | $19,450 | $51,750 | $100,900 | $137,800 | $235,850 |
| Pipestem | $14,620 | $38,450 | $83,100 | $137,950 | $200,840 |
| Sandstone | $26,650 | $42,650 | $79,100 | $126,500 | $181,630 |
| Talcott | $17,160 | $30,800 | $53,200 | $84,800 | $121,120 |
| Wayside | $35,360 | $55,600 | $78,800 | $111,850 | $168,340 |
| White Oak | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 |
Source: Ownwell
Property Tax Bills Across Summers County, West Virginia
In Summers County, WV, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. This value is a percentage of your property's market value. Once the assessed value is established, the local tax rate is applied to calculate your annual tax bill. Various factors, such as property size, location, and any improvements, can influence the assessed value. The median home price in Summers County is $66,000, and property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $172, while at the 75th percentile, it is $515. The 90th percentile sees tax bills as high as $820. Cool Ridge has the highest median tax bill at $623, whereas Talcott has the lowest at $231. These variations can affect homeowners differently, with higher-valued properties typically incurring higher tax bills. Understanding these factors can help homeowners anticipate their property tax obligations and plan accordingly.
Average Summers County Tax Bill
$304
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Summers County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alderson | $83 | $152 | $256 | $433 | $677 |
| Ballard | $110 | $211 | $352 | $538 | $590 |
| Cool Ridge | $200 | $324 | $623 | $844 | $1,205 |
| Forest Hill | $91 | $141 | $246 | $457 | $726 |
| Hinton | $92 | $189 | $324 | $534 | $848 |
| Jumping Branch | $116 | $208 | $362 | $590 | $916 |
| Meadow Bridge | $91 | $182 | $316 | $502 | $752 |
| Meadow Creek | $72 | $127 | $250 | $385 | $741 |
| Nimitz | $108 | $218 | $398 | $626 | $871 |
| Pence Springs | $138 | $247 | $361 | $552 | $820 |
| Peterstown | $163 | $279 | $386 | $695 | $941 |
| Pipestem | $100 | $186 | $347 | $573 | $944 |
| Sandstone | $112 | $194 | $315 | $541 | $773 |
| Talcott | $75 | $138 | $231 | $354 | $516 |
| Wayside | $119 | $192 | $287 | $436 | $662 |
| White Oak | $277 | $277 | $277 | $277 | $277 |
Source: Ownwell