Elizabeth, Wood County, West Virginia Property Taxes
Property Taxes in Elizabeth, West Virginia
Median Elizabeth, West Virginia effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, and lower than the West Virginia state median of 0.71%.
Median Elizabeth, West Virginia home value: $107,000
Median annual Elizabeth, West Virginia tax bill: $764, $1,636 lower than the national median property tax bill of $2,400.
How are property taxes in Wood calculated?
Property taxes in Elizabeth, West Virginia 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 Elizabeth's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elizabeth, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Elizabeth, Wood County, West Virginia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$760
$705
How Does the Elizabeth Property Tax Calculator Work?
Use this Elizabeth property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Elizabeth's median effective tax rate of 0.71% — based on actual property records in Wood County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Elizabeth's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Elizabeth: rates range from 0.71% in 26143 to 0.71% in 26143, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Elizabeth.
About Elizabeth Property Taxes
About Property Taxes in Elizabeth, Wood, West Virginia
Elizabeth’s median effective property tax rate of 0.71% is lower than the West Virginia state median of 0.71% and lower than the national median of 1.02%. This rate reflects the Wood County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Elizabeth. Homeowners in the 26143 ZIP code carry a median effective rate of 0.71%, while those in the lowest ZIP also pay 0.71%. This spread reflects how school district boundaries and local assessment districts are drawn across Wood County. Understanding which part of Elizabeth you live in can make a meaningful difference to your annual tax bill.
Elizabeth homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before February 20, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Elizabeth, Wood County, West Virginia
As noted earlier, 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 Elizabeth's effective property tax rate to other cities in West Virginia and the median property tax rates in West Virginia and the U.S.
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 Elizabeth Tax Rate
0.71%
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 Wood County Tax Rate
0.71%
Median Effective West Virginia Tax Rate
0.71%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elizabeth, Wood County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26143 | 0.54% | 0.71% | 0.71% | 0.71% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Elizabeth, Wood County, West Virginia
When examining property taxes in Elizabeth, West Virginia, 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 Wood 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.
Assessment notices:
In Wood County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of January.
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 Elizabeth.
For example, the median home price in Elizabeth is $107,000, with tax bills ranging significantly across the county. 26143 has the highest median home price at $107,000.
Property Tax Assessment Values Across Elizabeth, Wood County, West Virginia
Source: Ownwell
$83,300
$118,850
$154,400
Median Elizabeth Market Value
$107,000
Median Wood County Market Value
$110,400
Median West Virginia Market Value
$85,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elizabeth, Wood County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26143 | $20,640 | $48,100 | $107,000 | $168,000 | $209,800 |
Source: Ownwell
Property Tax Bills Across Elizabeth, Wood County, West Virginia
Elizabeth property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners in Wood County, the amount owed can vary depending on the assessed value of the home and the tax rates set by local taxing authorities.
With a median home price of $107,000, property taxes can still create a meaningful annual expense. The tax bill is shaped by factors such as the home’s assessed value, exemptions, and any changes in local levies. In this area, the 25th percentile tax bill is $408, while the 75th percentile tax bill is $1,115 and the 90th percentile tax bill is $1,457.
For homeowners, this means property taxes can have a noticeable effect on monthly housing costs and long-term affordability. Even when home values are moderate, a higher assessed value or tax rate can lead to a larger bill.
Median Elizabeth Tax Bill
$764
Median Wood County Tax Bill
$942
Median West Virginia Tax Bill
$629
Median United States Tax Bill
$2,400
Property Tax Bills Across Elizabeth, Wood County, West Virginia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 26143 | $199 | $408 | $764 | $1,115 | $1,457 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 20 |
Links | |
|---|---|
| Wood Tax Assessor | |
| Website | inquiries.woodcountywv.com |