Moorefield, Hampshire County, West Virginia Property Taxes

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

Median Moorefield, WV effective property tax rate: 0.33%, significantly lower than the national median of 1.02%, but lower than the West Virginia state median of 0.72%.
Median Moorefield, WV home value: $345,500
Median annual Moorefield, WV tax bill: $1,132, $1,268 lower than the national median property tax bill of $2,400.

How are property taxes in Hampshire calculated?

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

Last Updated March 1, 2025

Moorefield, Hampshire County, West Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.33%

Estimate Property Tax Bill

$1,140

$1,058

Ownwell’s Moorefield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Moorefield with just two data points. By entering your property's estimated assessed value, our calculator applies Moorefield’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Hampshire 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 Hampshire County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Moorefield, Hampshire County, West Virginia

Local government entities determine tax rates, and these can differ significantly within a state. This variation is due to each county's annual budget estimation for services, which is then divided by the total value of all taxable property in its area, resulting in the property tax rate. In Moorefield, located in Hampshire County, West Virginia, the effective property tax rate is notably lower than the national median. This difference highlights the variability in property tax rates across different regions. While votes and laws play a role in setting these rates and budgets, this annual calculation process is the core method. For property owners in Moorefield, this means a lower financial burden compared to many other parts of the country. Comparing Moorefield’s effective property tax rate with other cities in West Virginia and the broader U.S. landscape illustrates the diversity of tax obligations faced by property owners. Understanding these differences can be crucial for potential homeowners and investors looking to make informed decisions about property purchases.

Property Tax Rates Across Moorefield, Hampshire County, West Virginia

Source: Ownwell

0.52%

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 Moorefield Tax Rate

0.33%

Median Effective Hampshire County Tax Rate

0.52%

Median Effective West Virginia Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Moorefield, Hampshire County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
26836	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Moorefield, Hampshire County, West Virginia

When examining property taxes in Moorefield, 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 Hampshire 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 Hampshire 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 Moorefield. For example, the median home price in Moorefield is $345,500, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Moorefield, Hampshire County, West Virginia

Source: Ownwell

$61,800

$107,350

$152,900

Median Moorefield Market Value

$345,500

Median Hampshire County Market Value

$102,800

Median West Virginia Market Value

$80,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Moorefield, Hampshire County, West Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
26836	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Moorefield, Hampshire County, West Virginia

In Moorefield, located in Hampshire County, WV, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. Unlike many areas, Moorefield maintains a consistent tax bill across different percentiles, with the 25th, 75th, and 90th percentiles all at $1,132. This uniformity provides a level of predictability for homeowners. The median home price in Moorefield is $345,500, which is significantly higher than the national median property tax bill of $2,400. However, Moorefield's property tax rate is relatively lower than the national median rate of 1.02%, potentially easing the financial burden on homeowners.

Factors such as property improvements, market trends, and local government budgets can influence the assessed value and thus the tax bill. Homeowners may find their property taxes unexpectedly high if these factors are not accurately reflected. Ownwell offers expert property tax appeal and exemption services to help homeowners in Moorefield reduce their tax bills. By ensuring accurate assessments and identifying potential exemptions, Ownwell can help homeowners achieve significant savings.

Property Tax Bills Across Moorefield, Hampshire County, West Virginia

Source: Ownwell

$344

$598

$851

Median Moorefield Tax Bill

$1,132

Median Hampshire County Tax Bill

$567

Median West Virginia Tax Bill

$607

Median United States Tax Bill

$2,400

Property Tax Bills Across Moorefield, Hampshire County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
26836	N/A	N/A	N/A	N/A	N/A

Source: Ownwell