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West Virginia Property Tax

West Virginia Property Tax is administered at county level with additional support from several State government agencies. During the entire process of taxation throughout the state, the West Virginia Department of Tax and Revenue plays a major role and provides assistance to local agencies in executing the task of property tax assessment and collection. The county board of education receives the major portion of property tax collected and only a small part of it goes to the State government in West Virginia.

West Virginia Property Taxes

Thus, each resident of the state is required to pay property taxes properly. There are fifty-five counties in the state of West Virginia and the real estate taxes are paid to the respective sheriff of each county. As the property tax in West Virginia is levied by individual county and municipality, the tax rate for each taxing jurisdiction also differs widely. The differences in West Virginia Property Tax Rates for different taxing jurisdictions are found despite the fact that the state legislature sets a uniform rate of tax of county boards of education. This is because of the other levies that are added to this tax rate by individual county.

West Virginia Property Tax Laws

Real property in West Virgina is assessed at 60 percent of the true value, which is the amount of sale price for a property in a fair and open market. The Property Tax Law of the State rules that each property, in general, should be reappraised once every three years.

Moreover, it is required that the current values of each property is maintained, so that if any changes in values occur, an adjustment is made to reflect the current trend in property valuation. You can have a lot more information on WV Property Tax and many of its aspects on the official website of West Virginia Department of Tax and Revenue.


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