Glen Rogers, West Virginia Property Taxes
The median property tax rate in Glen Rogers, WV is 0.68%, which is notably lower than both the national median of 0.99% and the West Virginia state median of 0.72%. With a median home value of $18,100 in Glen Rogers, the typical annual property tax bill amounts to $113, significantly less than the national median of $2,690. Property taxes in Glen Rogers are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Glen Rogers' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Glen Rogers or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glen Rogers, West Virginia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$1,440
Ownwell’s Glen Rogers Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glen Rogers with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glen Rogers to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Wyoming County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Glen Rogers, West Virginia
Property taxes in Glen Rogers, West Virginia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glen Rogers is 0.68%, which is lower than both the West Virginia state median and the U.S. national median of 0.99%. Local government entities within Glen Rogers set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glen Rogers estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Glen Rogers's effective property tax rate to other regions in West Virginia and the national median. For comparison, the 25848 zip code has the highest median property tax rate of 0.68%, while the 25848 zip code also has the lowest median tax rate of 0.68%. Understanding how these areas compare with Glen Rogers provides valuable insights into the varying tax landscape across Wyoming County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glen Rogers Tax Rate
0.68%
Average Wyoming County Tax Rate
0.68%
Average West Virginia Tax Rate
0.72%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glen Rogers, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25848 | 0.14% | 0.68% | 0.68% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Glen Rogers, West Virginia
In Glen Rogers, West Virginia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Wyoming County Appraisal District for tax purposes. In contrast, the assessed value 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. In Glen Rogers, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Glen Rogers helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 25848, with a median tax bill of $113.
Property Tax Assessment Values Across Glen Rogers, West Virginia
Source: Ownwell
$17,200
$41,500
$65,800
Average Glen Rogers Assessed Value
$18,100
Average Wyoming County Assessed Value
$25,000
Average West Virginia Assessed Value
$80,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glen Rogers, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25848 | $6,500 | $10,000 | $18,100 | $31,900 | $43,500 |
Source: Ownwell
Property Tax Bills Across Glen Rogers, West Virginia
In Glen Rogers, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Factors such as the home's size, age, location, and improvements are considered in the assessment process. Wyoming County, where Glen Rogers is located, uses this assessed value to calculate the property tax bill by applying the local tax rate. Homeowners in Glen Rogers experience a range of property tax bills. At the 25th percentile, the tax bill is around $65, while at the 75th percentile, it rises to $215. The 90th percentile sees tax bills reaching up to $317. These figures are relatively modest compared to the national median property tax rate of 0.99%. For instance, the highest median tax bill in the area is $113, which is significantly lower than many other regions. This lower tax burden can make homeownership more affordable for residents, potentially increasing the attractiveness of living in Glen Rogers.
Average Glen Rogers Tax Bill
$113
Average Wyoming County Tax Bill
$190
Average West Virginia Tax Bill
$607
Average United States Tax Bill
$2,690
Property Tax Bills Across Glen Rogers, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25848 | $34 | $65 | $113 | $215 | $317 |
Source: Ownwell