Reedy, Wirt County, West Virginia Property Taxes

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

Median Reedy, WV effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, but equal to the West Virginia state median of 0.72%.
Median Reedy, WV home value: $103,500
Median annual Reedy, WV tax bill: $748, $1,652 lower than the national median property tax bill of $2,400.

How are property taxes in Wirt calculated?

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

Last Updated March 1, 2025

Reedy, Wirt County, West Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$745

$692

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

Property Tax Rates Across Reedy, Wirt County, West Virginia

Local government entities in West Virginia set property tax rates, which can vary significantly within the state. This variation arises because each county annually estimates its required budget to provide essential services and then divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how the process works each year.

Reedy, located in Wirt County, offers a unique perspective on property taxation within West Virginia. The effective tax rate here is 0.72%, which stands out when compared to both the state and national medians. The national median property tax rate is 1.02%, and the national median property tax bill is $2400. This makes Reedy's rate notably lower than many other regions across the U.S., providing potential savings for property owners. By understanding these differences, property owners can make more informed decisions about their investments and potential tax liabilities.

Property Tax Rates Across Reedy, Wirt County, West Virginia

Source: Ownwell

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 Reedy Tax Rate

0.72%

Median Effective Wirt 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 Reedy, Wirt County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
25270	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Reedy, Wirt County, West Virginia

When examining property taxes in Reedy, 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 Wirt 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. Assessment notices in Wirt County 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 Reedy. For example, the median home price in Reedy is $103,500, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Reedy, Wirt County, West Virginia

Source: Ownwell

$20,300

$51,550

$82,800

Median Reedy Market Value

$103,500

Median Wirt County Market Value

$51,900

Median West Virginia Market Value

$80,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Reedy, Wirt County, West Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
25270	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Reedy, Wirt County, West Virginia

In Reedy, located in Wirt County, WV, property tax bills are determined by the assessed value of a home, which is a percentage of the market value. The median home price in Reedy is $103,500, with homeowners typically facing a property tax bill of around $748. This figure is significantly lower than the national median property tax bill of $2,400, reflecting the region's comparatively lower tax rate. However, even with lower bills, property taxes can still be a burden for homeowners, especially when unexpected increases occur.

Factors influencing the tax bill include changes in the assessed value of properties and any alterations in local tax rates. Homeowners may find themselves paying more if their property's assessed value rises or if the local government adjusts tax rates. This is where Ownwell can be instrumental. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their properties are fairly assessed, potentially reducing their tax burdens. This service can lead to significant savings, offering financial relief and peace of mind.

Property Tax Bills Across Reedy, Wirt County, West Virginia

Source: Ownwell

$143

$371

$599

Median Reedy Tax Bill

$748

Median Wirt County Tax Bill

$340

Median West Virginia Tax Bill

$607

Median United States Tax Bill

$2,400

Property Tax Bills Across Reedy, Wirt County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
25270	N/A	N/A	N/A	N/A	N/A

Source: Ownwell