Shady Spring, Raleigh County, West Virginia Property Taxes
Median Shady Spring, WV effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, and equal to the West Virginia state median of 0.72%.
Median Shady Spring, WV home value: $82,700
Median annual Shady Spring, WV tax bill: $579, $1,821 lower than the national median property tax bill of $2,400.
How are property taxes in Raleigh calculated?
Property taxes in Shady Spring, 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 Shady Spring’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Shady Spring, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Shady Spring, Raleigh County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.72%
Estimate Property Tax Bill
$595
$553
Property Tax Rates Across Shady Spring, Raleigh County, West Virginia
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 Shady Spring’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 Shady Spring, located in Raleigh County, the property tax rate stands at 0.72%. This rate is lower than the national median property tax rate of 1.02%, making it an attractive option for property owners. Compared to other areas in West Virginia, Shady Spring maintains a consistent rate, as both the highest and lowest median tax rates in the state are also 0.72%. This consistency provides a stable tax environment for residents, allowing for predictable financial planning.
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 Shady Spring Tax Rate
0.72%
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 Raleigh County Tax Rate
0.72%
Median Effective West Virginia Tax Rate
0.72%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Shady Spring, Raleigh County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25918 | 0.38% | 0.57% | 0.72% | 0.72% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Shady Spring, Raleigh County, West Virginia
When examining property taxes in Shady Spring, 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 Raleigh 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 Raleigh 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 Shady Spring.
For example, the median home price in Shady Spring is $82,700, with tax bills ranging significantly across the county. Zip code 25918 has the highest median home price at $82,700.
Property Tax Assessment Values Across Shady Spring, Raleigh County, West Virginia
Source: Ownwell
$6,300
$72,500
$138,700
Median Shady Spring Market Value
$82,700
Median Raleigh County Market Value
$52,200
Median West Virginia Market Value
$80,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Shady Spring, Raleigh County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25918 | $18,360 | $46,950 | $82,700 | $135,450 | $184,340 |
Source: Ownwell
Property Tax Bills Across Shady Spring, Raleigh County, West Virginia
In Shady Spring, Raleigh County, WV, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the property's market value, which is determined by local tax authorities. Homeowners in Shady Spring face a median property tax bill of $579, which is considerably lower than the national median of $2,400. Tax bills can vary, with the 25th percentile at $296 and the 75th percentile reaching $976. These variations are influenced by factors such as property size, location, and local tax rates.
High property taxes can strain homeowners financially, but Ownwell offers a solution. By providing professional property tax appeal and exemption services, Ownwell helps homeowners potentially lower their tax bills. Our team of experts reviews property assessments to identify discrepancies and file appeals on behalf of homeowners. This can lead to significant savings, easing the financial burden of property taxes and ensuring homeowners in Shady Spring only pay their fair share.
Median Shady Spring Tax Bill
$579
Median Raleigh County Tax Bill
$419
Median West Virginia Tax Bill
$607
Median United States Tax Bill
$2,400
Property Tax Bills Across Shady Spring, Raleigh County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 25918 | $114 | $296 | $579 | $976 | $1,354 |
Source: Ownwell
