Rock, Mercer County, West Virginia Property Taxes
Median ROCK, WV effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the WV state median of 0.72%.
Median ROCK, WV home value: $43,800
Median annual ROCK, WV tax bill: $273, $2,127 lower than the national median property tax bill of $2,400.
How are property taxes in Mercer calculated?
Property taxes in ROCK, 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 ROCK’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ROCK, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rock, Mercer County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$298
$276
Property Tax Rates Across Rock, Mercer County, West Virginia
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 Rock Tax Rate
0.68%
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 Mercer County Tax Rate
0.68%
Median Effective West Virginia Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rock, Mercer County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24747 | 0.28% | 0.54% | 0.68% | 0.68% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Rock, Mercer County, West Virginia
When examining property taxes in ROCK, 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 Mercer 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.
In Mercer 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 ROCK.
For example, the median home price in ROCK is $43,800, with tax bills ranging significantly across the county. ZIP code 24747 has the highest median home price at $43,800.
Property Tax Assessment Values Across Rock, Mercer County, West Virginia
Source: Ownwell
$16,100
$54,500
$92,900
Median Rock Market Value
$43,800
Median Mercer County Market Value
$60,200
Median West Virginia Market Value
$80,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rock, Mercer County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24747 | $4,740 | $17,000 | $43,800 | $78,500 | $119,500 |
Source: Ownwell
Property Tax Bills Across Rock, Mercer County, West Virginia
In Rock, located in Mercer County, WV, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $43,800, significantly lower than national figures, resulting in relatively modest property tax bills. Homeowners in Rock can expect tax bills ranging from $114 at the 25th percentile to $868 at the 90th percentile, with a median tax bill of $273. This is well below the national median property tax bill of $2,400.
Factors influencing these tax bills include the property’s assessed value and local tax rates. While lower tax bills can benefit homeowners, ensuring accurate assessments is crucial to avoid overpaying. Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they pay only what is fair. This service is particularly beneficial in areas like Rock, where every dollar saved can significantly impact homeowners' finances.
Median Rock Tax Bill
$273
Median Mercer County Tax Bill
$442
Median West Virginia Tax Bill
$607
Median United States Tax Bill
$2,400
Property Tax Bills Across Rock, Mercer County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 24747 | $57 | $114 | $273 | $531 | $868 |
Source: Ownwell