Inwood, Berkeley County, West Virginia Property Taxes

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

Median Inwood, 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 Inwood, WV home value: $189,500
Median annual Inwood, WV tax bill: $1,514, $886 lower than the national median property tax bill of $2,400.

How are property taxes in Berkeley County calculated?

Property taxes in Inwood, 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 Inwood’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Inwood, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Inwood, 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

$1,440

$1,336

Ownwell’s Inwood Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Inwood with just two data points. By entering your property's estimated assessed value, our calculator applies Inwood’s 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 Inwood, Berkeley County, West Virginia

Local government entities set tax rates, and these can vary significantly within West Virginia. Annually, each county determines its budgetary needs to provide essential services and divides this by the total assessed value of all taxable properties within its borders, resulting in the property tax rate. While votes and legal frameworks play a role in setting these rates and budgets, this is the annual process in a nutshell. In Inwood, located in Berkeley County, the effective property tax rate is 0.76%. This rate aligns with the highest and lowest median tax rates in the state, both of which are also 0.76% in the 25428 zip code. Compared to the national median property tax rate of 1.02%, Inwood's rate is notably lower, offering residents a more favorable tax situation. Furthermore, the national median property tax bill stands at $2400, indicating that West Virginia's property tax landscape can be quite advantageous for homeowners.

Property Tax Rates Across Inwood, 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 Inwood 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 Inwood, Berkeley County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
25428	0.63%	0.76%	0.76%	0.76%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Inwood, Berkeley County, West Virginia

When examining property taxes in Inwood, 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. In Berkeley County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Inwood. For example, the median home price in Inwood is $189,500, with tax bills ranging significantly across the county. 25428 has the highest median home price at $189,500.

Property Tax Assessment Values Across Inwood, Berkeley County, West Virginia

Source: Ownwell

$129,800

$206,700

$283,600

Median Inwood Market Value

$189,500

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 Inwood, Berkeley County, West Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
25428	$71,900	$144,400	$189,500	$247,450	$310,440

Source: Ownwell

Property Tax Bills Across Inwood, Berkeley County, West Virginia

In Inwood, Berkeley County, WV, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $189,500, and the property tax rate is applied to this assessed value to determine the tax bill. Homeowners in Inwood typically face property tax bills ranging from $1,125 at the 25th percentile to $2,539 at the 90th percentile. The median property tax bill in the area stands at $1,514, which is significantly lower than the national median of $2,400. Various factors, such as property improvements and changes in market conditions, can influence the assessed value, thereby affecting the tax bill. Homeowners often find these bills burdensome, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially lower their tax bills, ensuring they do not overpay. With Ownwell's assistance, homeowners can save money and gain peace of mind regarding their property tax obligations.

Property Tax Bills Across Inwood, Berkeley County, West Virginia

Source: Ownwell

$1,207

$1,674

$2,141

Median Inwood Tax Bill

$1,514

Median Berkeley County Tax Bill

$1,510

Median West Virginia Tax Bill

$607

Median United States Tax Bill

$2,400

Property Tax Bills Across Inwood, Berkeley County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
25428	$621	$1,125	$1,514	$2,003	$2,539

Source: Ownwell