Harrisville, Ritchie County, West Virginia Property Taxes

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

Median Harrisville, WV effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, but lower than the West Virginia state median of 0.72%.
Median Harrisville, WV home value: $78,900
Median annual Harrisville, WV tax bill: $545, $1,855 lower than the national median property tax bill of $2,400.

How are property taxes in Ritchie calculated?

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

Last Updated March 1, 2025

Harrisville, Ritchie County, West Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$521

$483

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

Property Tax Rates Across Harrisville, Ritchie County, West Virginia

Local government entities set tax rates, and these can vary significantly even within a single state. Each year, counties estimate their budgetary needs to provide essential services, and this amount is divided by the total value of all taxable properties within the county's jurisdiction. This calculation determines the property tax rate. While the process involves votes and legislation to set tax rates and budgets, this is the basic annual procedure.

In Harrisville, located in Ritchie County, WV, the effective property tax rate is a reflection of this process. When compared to other cities in West Virginia, Harrisville's rate provides an interesting perspective, especially when considering the state's median property tax rate and the national median. The national median property tax rate is 1.02%, which serves as a benchmark to understand how local rates stack up. By comparing Harrisville's rate to these medians, property owners can gain insight into their tax obligations relative to broader trends. This comparison can be a useful tool for residents to understand their financial commitments and how they align with state and national averages.

Property Tax Rates Across Harrisville, Ritchie County, West Virginia

Source: Ownwell

0.65%

0.66%

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 Harrisville Tax Rate

0.66%

Median Effective Ritchie County Tax Rate

0.65%

Median Effective West Virginia Tax Rate

0.72%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Harrisville, Ritchie County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
26362	0.45%	0.65%	0.66%	0.86%	0.87%

Source: Ownwell

Property Tax Assessment Values Across Harrisville, Ritchie County, West Virginia

When examining property taxes in Harrisville, 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 Ritchie 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 Ritchie 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 Harrisville.

For example, the median home price in Harrisville is $78,900, with tax bills ranging significantly across the county. Zip code 26362 has the highest median home price at $78,900.

Property Tax Assessment Values Across Harrisville, Ritchie County, West Virginia

Source: Ownwell

$34,300

$68,800

$103,300

Median Harrisville Market Value

$78,900

Median Ritchie County Market Value

$64,450

Median West Virginia Market Value

$80,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Harrisville, Ritchie County, West Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
26362	$13,460	$39,000	$78,900	$120,400	$180,800

Source: Ownwell

Property Tax Bills Across Harrisville, Ritchie County, West Virginia

In Harrisville, WV, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value of a home in Harrisville is typically a percentage of its market value, which in this region is considerably lower than the national median, with a median home price of $78,900. The tax bill is then calculated by multiplying the assessed value by the local property tax rate. Homeowners in Harrisville can expect a median property tax bill of $545, which is significantly lower than the national median of $2,400. Factors influencing the tax bill include property improvements and changes in the local tax rate. For homeowners seeking to reduce their tax burden, Ownwell offers expert property tax appeal services. By reviewing your property's assessed value and identifying potential inaccuracies, Ownwell can help you secure a fairer tax assessment, potentially saving you hundreds of dollars annually. With Ownwell's assistance, homeowners can navigate the complexities of property taxes and ensure they are not overpaying.

Property Tax Bills Across Harrisville, Ritchie County, West Virginia

Source: Ownwell

$232

$464

$696

Median Harrisville Tax Bill

$545

Median Ritchie County Tax Bill

$428

Median West Virginia Tax Bill

$607

Median United States Tax Bill

$2,400

Property Tax Bills Across Harrisville, Ritchie County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
26362	$122	$284	$545	$924	$1,428

Source: Ownwell