Hedgesville, Morgan County, West Virginia Property Taxes
Median Hedgesville, WV effective property tax rate: 0.60%, significantly lower than the national median of 1.02% and also lower than the West Virginia state median of 0.72%.
Median Hedgesville, WV home value: $133,350
Median annual Hedgesville, WV tax bill: $795, $1,605 lower than the national median property tax bill of $2,400.
How are property taxes in Morgan calculated?
Property taxes in Hedgesville, 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 Hedgesville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hedgesville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hedgesville, Morgan County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
$800
$742
Property Tax Rates Across Hedgesville, Morgan County, West Virginia
Local government entities set tax rates, which can vary widely within a state. This is because 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, this is the annual process in a nutshell.
Below, you can compare Hedgesville’s effective property tax rate to other cities in West Virginia and the median property tax rates in West Virginia and the U.S. In Hedgesville, located in Morgan County, the effective property tax rate is 0.60%, which aligns with the highest and lowest rates in the area. This rate is significantly lower than the national median property tax rate of 1.02%. Such a difference can translate into substantial savings for property owners in Hedgesville compared to the national average. Understanding these rates is crucial for property owners looking to manage their expenses effectively and potentially appeal their property taxes.
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 Hedgesville Tax Rate
0.60%
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 Morgan County Tax Rate
0.60%
Median Effective West Virginia Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hedgesville, Morgan County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25427 | 0.45% | 0.60% | 0.60% | 0.60% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Hedgesville, Morgan County, West Virginia
When examining property taxes in Hedgesville, 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 Morgan 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 Morgan 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 Hedgesville. For example, the median home price in Hedgesville is $133,350, with tax bills ranging significantly across the county. ZIP code 25427 has the highest median home price at $133,350.
Property Tax Assessment Values Across Hedgesville, Morgan County, West Virginia
Source: Ownwell
$73,300
$114,850
$156,400
Median Hedgesville Market Value
$133,350
Median Morgan County Market Value
$139,800
Median West Virginia Market Value
$80,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hedgesville, Morgan County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25427 | $37,100 | $79,900 | $133,350 | $203,500 | $264,300 |
Source: Ownwell
Property Tax Bills Across Hedgesville, Morgan County, West Virginia
In Hedgesville, Morgan County, WV, property tax bills are determined by assessing the market value of a home and applying the local tax rate. Unlike some areas where tax rates are higher, Hedgesville homeowners benefit from a more moderate property tax environment. The median home price in the region is $133,350, with the median property tax bill at $795, which is significantly lower than the national median of $2,400. This lower tax burden can be a relief for homeowners, but it also means that every dollar counts when it comes to potential savings.
Factors influencing the tax bill include the assessed value of the property and applicable exemptions. Homeowners might find themselves in the 25th percentile with a tax bill of $493 or in the 90th percentile with a bill of $1,612, depending on their property's assessed value and location. Ownwell can assist homeowners by identifying potential savings through appeals and exemptions, ensuring they don't pay more than necessary, and maximizing their property tax savings.
Median Hedgesville Tax Bill
$795
Median Morgan County Tax Bill
$866
Median West Virginia Tax Bill
$607
Median United States Tax Bill
$2,400
Property Tax Bills Across Hedgesville, Morgan County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25427 | $308 | $493 | $795 | $1,229 | $1,612 |
Source: Ownwell