Tucker County, West Virginia Property Taxes
The median property tax rate in Tucker 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 Tucker County, the typical annual property tax bill reaches $451, well below the national median of $2,690. Property taxes in Tucker County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Tucker 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 Parsons or another part of Tucker County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tucker County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.4%
Estimate Property Tax Bill
$362
$336
Ownwell’s Tucker County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Tucker County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Tucker 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 Tucker County, West Virginia
Property taxes in Tucker County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Tucker County is 0.40%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Tucker County set these rates annually, and they can vary significantly between different areas within the county. Each year, Tucker 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 Eglon has one of the higher property tax rates in Tucker County at 0.79%, while the city of Hendricks boasts one of the lowest at 0.43%. Analyzing how Tucker County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Tucker County Tax Rate
0.40%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tucker County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bowden | N/A | N/A | N/A | N/A | N/A |
| Davis | 0.40% | 0.40% | 0.54% | 0.79% | 0.79% |
| Dryfork | 0.29% | 0.40% | 0.40% | 0.79% | 0.79% |
| Eglon | N/A | N/A | N/A | N/A | N/A |
| Hambleton | 0.25% | 0.37% | 0.40% | 0.53% | 0.79% |
| Hendricks | 0.28% | 0.40% | 0.43% | 0.79% | 1.09% |
| Kerens | 0.23% | 0.40% | 0.40% | 0.79% | 0.79% |
| Montrose | 0.27% | 0.40% | 0.40% | 0.40% | 0.79% |
| Parsons | 0.27% | 0.40% | 0.40% | 0.54% | 0.79% |
| Red Creek | N/A | N/A | N/A | N/A | N/A |
| Thomas | 0.27% | 0.40% | 0.54% | 0.79% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Tucker County, West Virginia
In Tucker 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 Tucker 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 Tucker 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. Being aware of these valuation processes in Tucker County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Tucker County, the city with the highest median tax bill is Bowden, with a median tax bill of $2,968, while Kerens has the lowest median tax bill at $299. This stark contrast highlights the importance of understanding your specific property assessment and exploring potential savings.
Property Tax Assessment Values Across Tucker County, West Virginia
Source: Ownwell
$67,700
$138,950
$210,200
Average Tucker County Assessed Value
$90,400
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tucker County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bowden | N/A | N/A | N/A | N/A | N/A |
| Davis | $65,120 | $113,900 | $210,200 | $328,600 | $459,280 |
| Dryfork | $16,210 | $38,650 | $93,650 | $159,925 | $231,520 |
| Eglon | N/A | N/A | N/A | N/A | N/A |
| Hambleton | $10,740 | $34,600 | $71,000 | $110,900 | $148,800 |
| Hendricks | $11,220 | $47,200 | $84,000 | $115,600 | $164,360 |
| Kerens | $27,760 | $48,200 | $70,200 | $103,900 | $193,380 |
| Montrose | $18,970 | $57,600 | $90,600 | $138,150 | $176,550 |
| Parsons | $10,090 | $33,600 | $67,700 | $100,575 | $143,110 |
| Red Creek | N/A | N/A | N/A | N/A | N/A |
| Thomas | $8,950 | $30,200 | $68,700 | $105,300 | $140,720 |
Source: Ownwell
Property Tax Bills Across Tucker County, West Virginia
In Tucker County, WV, property tax bills are determined based on the assessed value of a property, which is calculated as a percentage of its market value. The county's tax rate is applied to this assessed value to generate the tax bill. Several factors influence the final tax bill, including the property's location, size, and condition. For instance, the median home price in Tucker County is $90,400, and tax bills can vary significantly. Homeowners in the 25th percentile pay around $226, while those in the 75th percentile see bills closer to $894. At the 90th percentile, tax bills can reach up to $1,778. Comparatively, the national median property tax rate is 0.99%, which can help homeowners understand how their local rates stack up against broader trends. The highest median tax bill in Tucker County is found in Bowden at $2,968, while the lowest is in Kerens at $299. These variations highlight how local factors can significantly impact property tax obligations, affecting homeowners' financial planning and budgeting.
Average Tucker County Tax Bill
$451
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Tucker County, West Virginia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bowden | N/A | N/A | N/A | N/A | N/A |
| Davis | $356 | $669 | $1,156 | $1,884 | $3,044 |
| Dryfork | $105 | $221 | $454 | $683 | $1,180 |
| Eglon | N/A | N/A | N/A | N/A | N/A |
| Hambleton | $64 | $150 | $306 | $466 | $632 |
| Hendricks | $118 | $245 | $374 | $646 | $877 |
| Kerens | $77 | $185 | $299 | $469 | $1,000 |
| Montrose | $157 | $208 | $481 | $637 | $712 |
| Parsons | $65 | $155 | $313 | $470 | $684 |
| Red Creek | N/A | N/A | N/A | N/A | N/A |
| Thomas | $60 | $144 | $348 | $620 | $931 |
Source: Ownwell