Falling Waters, Berkeley County, West Virginia Property Taxes

Name: Property Tax Bills Across Falling Waters, Berkeley County, West Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Falling Waters, WV effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but higher than the West Virginia state median of 0.72%.
Median Falling Waters, WV home value: $209,500
Median annual Falling Waters, WV tax bill: $1,570, $830 lower than the national median property tax bill of $2,400.

How are property taxes in Berkeley calculated?

Property taxes in Falling Waters, WV are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Falling Waters’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Falling Waters, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Falling Waters, Berkeley County, West Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$1,592

$1,478

Ownwell’s Falling Waters Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Falling Waters with just two data points. By entering your property's estimated assessed value, our calculator applies Falling Waters’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Berkeley County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Falling Waters, Berkeley County, West Virginia

Local government entities determine tax rates, which can differ significantly across a state. This variation occurs because each county calculates its necessary budget to fund essential services and divides it by the total value of all taxable property within its boundaries, resulting in the property tax rate. Although setting tax rates and budgets involves votes and regulations, this explanation summarizes the yearly process.

In Falling Waters, located in Berkeley County, WV, you can see how its effective property tax rate compares to other cities within the state and to the median property tax rates in West Virginia and across the United States. Falling Waters maintains a median property tax rate of 0.76%, which is lower than the national median of 1.02%. This rate places it as one of the more favorable areas in terms of property tax burden, making it an attractive location for property owners seeking lower taxes. Understanding these differences can help property owners make informed decisions about their investments and potential tax liabilities.

Property Tax Rates Across Falling Waters, Berkeley County, West Virginia

Source: Ownwell

0.76%

0.86%

0.97%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Falling Waters Tax Rate

0.76%

Median Effective Berkeley County Tax Rate

0.76%

Median Effective West Virginia Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Falling Waters, Berkeley County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
25419	0.65%	0.76%	0.76%	0.76%	0.76%

Source: Ownwell

Property Tax Assessment Values Across Falling Waters, Berkeley County, West Virginia

When examining property taxes in Falling Waters, WV, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Berkeley County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Berkeley County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Falling Waters. For example, the median home price in Falling Waters is $209,500, with tax bills ranging significantly across the county. 25419 has the highest median home price at $209,500.

Property Tax Assessment Values Across Falling Waters, Berkeley County, West Virginia

Source: Ownwell

$129,800

$206,700

$283,600

Median Falling Waters Market Value

$209,500

Median Berkeley County Market Value

$188,500

Median West Virginia Market Value

$80,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Falling Waters, Berkeley County, West Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
25419	$12,000	$79,700	$209,500	$277,000	$366,800

Source: Ownwell

Property Tax Bills Across Falling Waters, Berkeley County, West Virginia

In Falling Waters, located in Berkeley County, WV, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and is a percentage of the property's market value. Property tax rates are applied to this assessed value to calculate the tax bill. In Falling Waters, the median property tax bill is $1,570, which is below the national median of $2,400. For homeowners, this means that the property tax burden is relatively low compared to other areas in the country. However, tax bills can vary significantly, with 25th percentile bills at $713 and 90th percentile bills reaching $2,910. This variability highlights the importance of ensuring your property is fairly assessed. Ownwell helps homeowners by providing property tax appeal services, potentially lowering their tax liabilities. By reviewing assessments and filing appeals, Ownwell can assist in reducing property tax bills, ensuring homeowners pay only their fair share. This service can lead to significant savings, making homeownership more affordable.

Property Tax Bills Across Falling Waters, Berkeley County, West Virginia

Source: Ownwell

$1,207

$1,674

$2,141

Median Falling Waters Tax Bill

$1,570

Median Berkeley County Tax Bill

$1,510

Median West Virginia Tax Bill

$607

Median United States Tax Bill

$2,400

Property Tax Bills Across Falling Waters, Berkeley County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
25419	$130	$713	$1,570	$2,196	$2,910

Source: Ownwell