Romney, Hampshire County, West Virginia Property Taxes
Property Taxes in Romney, West Virginia
Median Romney, West Virginia effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, and lower than the West Virginia state median of 0.71%.
Median Romney, West Virginia home value: $104,800
Median annual Romney, West Virginia tax bill: $595, $1,805 lower than the national median property tax bill of $2,400.
How are property taxes in Hampshire calculated?
Property taxes in Romney, West Virginia 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 Romney's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Romney, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Romney, Hampshire County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.52%
Estimate Property Tax Bill
$545
$506
How Does the Romney Property Tax Calculator Work?
Use this Romney property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Romney's median effective tax rate of 0.52% — based on actual property records in Hampshire County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Romney's median effective rate across local levies, providing a more accurate estimate than using a single county rate.
Your bill may vary by ZIP code within Romney: rates range from 0.52% in 26757 to 0.52% in 26757, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Romney.
About Romney Property Taxes
About Property Taxes in Romney, Hampshire, West Virginia
Romney's median effective property tax rate of 0.52% is lower than the West Virginia state median of 0.71% and lower than the national median of 1.02%. This rate reflects the Hampshire County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Romney. Homeowners in the 26757 ZIP code carry a median effective rate of 0.52%, while those in the lowest ZIP also pay 0.52%. This reflects how school district boundaries and local assessment districts are drawn across Hampshire County. Understanding which part of Romney you live in can make a meaningful difference to your annual tax bill.
Romney homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 4, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Romney, Hampshire County, West Virginia
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Romney's effective property tax rate to other cities in West Virginia and the median property tax rates in West Virginia and the U.S.
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 Romney Tax Rate
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 Hampshire County Tax Rate
0.52%
Median Effective West Virginia Tax Rate
0.71%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Romney, Hampshire County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26757 | 0.37% | 0.52% | 0.52% | 0.67% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Romney, Hampshire County, West Virginia
When examining property taxes in Romney, West Virginia, 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.
Assessment notices:
In Hampshire County, assessment notices are sent in January each year. They'll typically reach your mailbox by the middle of January.
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 Romney.
For example, the median home price in Romney is $104,800, with tax bills ranging significantly across the county. 26757 has the highest median home price at $104,800.
Property Tax Assessment Values Across Romney, Hampshire County, West Virginia
Source: Ownwell
$63,950
$110,525
$157,100
Median Romney Market Value
$104,800
Median Hampshire County Market Value
$107,500
Median West Virginia Market Value
$85,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Romney, Hampshire County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26757 | $37,500 | $70,525 | $104,800 | $147,000 | $205,600 |
Source: Ownwell
Property Tax Bills Across Romney, Hampshire County, West Virginia
Romney property tax bills are calculated by applying the local tax rate to a home’s assessed market value. The assessed value is based on what the property is worth for tax purposes, and that value can change when the market changes or when a home is reassessed. For homeowners in Hampshire County, the size of the bill depends on the home’s value, the local tax rate, and any exemptions or adjustments that may apply.
With a median home price of $104,800, the typical tax bill in Romney is $595.00, which is below the national median property tax bill of $2,400 and well under the national median property tax rate of 1.02%. Bills in the area can vary, with the 25th percentile at $387 and the 75th percentile at $864. For homeowners, this means property taxes can be a meaningful annual expense, but they also reflect how local assessments and rates translate into what is owed each year.
Median Romney Tax Bill
$595
Median Hampshire County Tax Bill
$591
Median West Virginia Tax Bill
$629
Median United States Tax Bill
$2,400
Property Tax Bills Across Romney, Hampshire County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26757 | $227 | $387 | $595 | $864 | $1,219 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 20 |
Links | |
|---|---|
| Hampshire Tax Assessor | |
| Website | mapwv.gov |