Shepherdstown, Jefferson County, West Virginia Property Taxes

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

Median Shepherdstown, WV effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the WV state median of 0.72%.
Median Shepherdstown, WV home value: $354,900
Median annual Shepherdstown, WV tax bill: $2,646, $246 higher than the national median property tax bill of $2,400.

How are property taxes in Jefferson calculated?

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

Last Updated March 1, 2025

Shepherdstown, Jefferson County, West Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.7%

Estimate Property Tax Bill

$2,484

$2,305

Ownwell’s Shepherdstown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Shepherdstown with just two data points. By entering your property's estimated assessed value, our calculator applies Shepherdstown’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 Jefferson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Shepherdstown, Jefferson County, West Virginia

Local government entities set property tax rates, and these rates can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This process determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this annual calculation is the fundamental process behind property tax assessments.

In Shepherdstown, located in Jefferson County, the effective property tax rate stands at 0.70%. This rate is consistent with both the highest and lowest median tax rates within the region, indicating a uniformity in tax assessment across the area. Compared to the national median property tax rate of 1.02%, Shepherdstown's rate is significantly lower, offering potential savings for property owners. The national median property tax bill is $2,400, which further highlights the relative affordability of property taxes in this West Virginia locale. This information can be crucial for homeowners and investors considering property in Shepherdstown, as the lower tax burden can contribute to overall financial planning and investment strategies.

Property Tax Rates Across Shepherdstown, Jefferson County, West Virginia

Source: Ownwell

0.70%

0.78%

0.85%

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 Shepherdstown Tax Rate

0.70%

Median Effective Jefferson County Tax Rate

0.70%

Median Effective West Virginia Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Shepherdstown, Jefferson County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
25443	0.63%	0.70%	0.70%	0.70%	1.40%

Source: Ownwell

Property Tax Assessment Values Across Shepherdstown, Jefferson County, West Virginia

When examining property taxes in Shepherdstown, 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 Jefferson County appraisal district 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 Jefferson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Shepherdstown. For example, the median home price in Shepherdstown is $354,900, with tax bills ranging significantly across the county. 25443 has the highest median home price at $354,900.

Property Tax Assessment Values Across Shepherdstown, Jefferson County, West Virginia

Source: Ownwell

$121,900

$238,400

$354,900

Median Shepherdstown Market Value

$354,900

Median Jefferson County Market Value

$267,800

Median West Virginia Market Value

$80,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Shepherdstown, Jefferson County, West Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
25443	$188,200	$248,000	$354,900	$463,100	$576,940

Source: Ownwell

Property Tax Bills Across Shepherdstown, Jefferson County, West Virginia

Property tax bills in Shepherdstown, located in Jefferson County, WV, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the property's market value, which fluctuates based on the real estate market and local economic conditions. In Shepherdstown, the tax bills range significantly, with the 25th percentile at $1,831 and the 75th percentile at $3,392. The highest median tax bill in the area is $2,646, which is above the national median property tax bill of $2,400. These taxes fund essential public services such as schools, infrastructure, and emergency services, impacting homeowners by influencing their overall cost of living. Ownwell assists homeowners in reducing their property tax bills by offering expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying on their property taxes, potentially saving them significant amounts of money annually.

Property Tax Bills Across Shepherdstown, Jefferson County, West Virginia

Source: Ownwell

$992

$1,819

$2,646

Median Shepherdstown Tax Bill

$2,646

Median Jefferson County Tax Bill

$2,072

Median West Virginia Tax Bill

$607

Median United States Tax Bill

$2,400

Property Tax Bills Across Shepherdstown, Jefferson County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
25443	$1,352	$1,831	$2,646	$3,392	$4,290

Source: Ownwell