Martinsburg, Berkeley County, West Virginia Property Taxes

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

Median Martinsburg, WV effective property tax rate: 0.76%, slightly lower than the national median of 1.02%, but higher than the West Virginia state median of 0.72%.
Median Martinsburg, WV home value: $184,000
Median annual Martinsburg, WV tax bill: $1,523, $877 lower than the national median property tax bill of $2,400.

How are property taxes in Berkeley County calculated?

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

Last Updated March 1, 2025

Martinsburg, 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

$1,398

$1,298

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

Local government entities are responsible for setting property tax rates, which can vary significantly across West Virginia. Annually, each county, including Berkeley, estimates its budget needs to provide essential services and divides this amount by the total assessed value of all taxable properties within its jurisdiction, resulting in the property tax rate. While legislation and voter input play roles in determining these rates and budgets, this is the fundamental process.

In Martinsburg, located in Berkeley County, the effective property tax rate reflects this calculation. When compared to other cities within West Virginia, Martinsburg's rate is consistent with the state’s median. However, it is notably lower than the national median property tax rate of 1.02%. This lower rate can be an attractive factor for property owners, as it translates to a reduced property tax bill compared to the national median of $2,400. Understanding these rates can help property owners make informed decisions about appealing or seeking exemptions, ensuring they are not overpaying on their property taxes.

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

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
25401	0.71%	0.79%	0.97%	1.52%	1.93%
25403	0.67%	0.76%	0.76%	0.76%	0.97%
25404	0.63%	0.76%	0.76%	0.97%	1.52%
25405	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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

When examining property taxes in Martinsburg, 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's Office 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 March. 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 Martinsburg. For example, the median home price in Martinsburg is $184,000, with tax bills ranging significantly across the county. Zip code 25403 has the highest median home price at $240,800.

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

Source: Ownwell

$129,800

$206,700

$283,600

Median Martinsburg Market Value

$184,000

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 Martinsburg, Berkeley County, West Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
25401	$61,320	$90,400	$129,800	$181,900	$244,680
25403	$10,390	$173,900	$240,800	$331,775	$417,210
25404	$47,800	$120,900	$175,400	$223,400	$309,640
25405	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Martinsburg, Berkeley County, West Virginia

In Martinsburg, located in Berkeley County, WV, property tax bills are determined by multiplying the assessed value of the property by the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county assessor. Homeowners in Martinsburg experience a range of property tax bills, with the 25th percentile at $1,088 and the 75th percentile reaching $2,160. The highest median tax bill in the area is $1,893 in the 25403 zip code, while the lowest is $1,408 in the 25404 zip code. These figures are relatively lower than the national median property tax bill of $2,400, making Martinsburg an attractive location for homeowners. However, property taxes can still be a significant expense. Ownwell offers services to help homeowners reduce their property tax bills by appealing incorrect assessments and securing exemptions. By leveraging expert knowledge and local data, Ownwell can potentially save homeowners hundreds of dollars, ensuring they only pay their fair share.

Property Tax Bills Across Martinsburg, Berkeley County, West Virginia

Source: Ownwell

$1,207

$1,674

$2,141

Median Martinsburg Tax Bill

$1,523

Median Berkeley County Tax Bill

$1,510

Median West Virginia Tax Bill

$607

Median United States Tax Bill

$2,400

Property Tax Bills Across Martinsburg, Berkeley County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
25401	$566	$956	$1,409	$1,941	$2,557
25403	$170	$1,300	$1,893	$2,657	$3,460
25404	$473	$1,023	$1,408	$1,960	$2,687
25405	N/A	N/A	N/A	N/A	N/A

Source: Ownwell