Slanesville, Hampshire County, West Virginia Property Taxes
Median Slanesville, WV effective property tax rate: 0.52%, significantly lower than the national median of 1.02%, but lower than the West Virginia state median of 0.72%.
Median Slanesville, WV home value: $117,000
Median annual Slanesville, WV tax bill: $604, $1,796 lower than the national median property tax bill of $2,400.
How are property taxes in Hampshire calculated?
Property taxes in Slanesville, 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 Slanesville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Slanesville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Slanesville, 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
$608
$565
Property Tax Rates Across Slanesville, Hampshire County, West Virginia
Local government entities set tax rates, which can vary widely within a state. 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.
In Slanesville, located in Hampshire County, the effective property tax rate is notably lower than the national median of 1.02%. This makes it an attractive location for property owners seeking relief from high property taxes. The median property tax rate in West Virginia is 0.52%, which is significantly below the national average, offering a more affordable option for homeowners.
Compared to other cities in West Virginia, Slanesville maintains a competitive tax rate, reflecting the county's efficient budgeting and property valuation processes. This can be particularly appealing for those looking to invest in real estate or relocate to a region with lower property tax burdens. As property taxes continue to be a significant consideration for homeowners, Slanesville stands out as a favorable option within West Virginia.
Property Tax Rates Across Slanesville, Hampshire County, West Virginia
Source: Ownwell
0.52%
0.52%
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 Slanesville 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
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Slanesville, Hampshire County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25444 | 0.39% | 0.52% | 0.52% | 0.52% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Slanesville, Hampshire County, West Virginia
When examining property taxes in Slanesville, 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.
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 Slanesville.
For example, the median home price in Slanesville is $117,000, with tax bills ranging significantly across the county. The 25444 zip code has the highest median home price at $117,000.
Property Tax Assessment Values Across Slanesville, Hampshire County, West Virginia
Source: Ownwell
$61,800
$107,350
$152,900
Median Slanesville Market Value
$117,000
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 Slanesville, Hampshire County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25444 | $41,480 | $72,200 | $117,000 | $167,000 | $249,460 |
Source: Ownwell
Property Tax Bills Across Slanesville, Hampshire County, West Virginia
In Slanesville, Hampshire County, WV, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value typically represents a percentage of the property's market value. Homeowners in Slanesville face a median property tax bill of $604, significantly below the national median of $2,400. This lower tax bill can be attributed to the region's relatively modest median home price of $117,000. However, tax bills can fluctuate, with the 25th percentile at $371 and the 90th percentile reaching $1,317, indicating variability based on property specifics and exemptions.
For homeowners looking to reduce their tax burden, Ownwell offers expert property tax appeal services. By analyzing individual property assessments and identifying discrepancies, Ownwell can help ensure that homeowners are not overpaying. Additionally, Ownwell assists in securing applicable exemptions, further lowering tax liabilities. This service is crucial in helping homeowners in Slanesville optimize their property tax expenses, ensuring they pay only their fair share.
Median Slanesville Tax Bill
$604
Median Hampshire County Tax Bill
$567
Median West Virginia Tax Bill
$607
Median United States Tax Bill
$2,400
Property Tax Bills Across Slanesville, Hampshire County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25444 | $239 | $371 | $604 | $888 | $1,317 |
Source: Ownwell