Parkersburg, Wood County, West Virginia Property Taxes

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

Median Parkersburg, WV effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but higher than the West Virginia state median of 0.72%.
Median Parkersburg, WV home value: $88,700
Median annual Parkersburg, WV tax bill: $771, $1,629 lower than the national median property tax bill of $2,400.

How are property taxes in Wood County calculated?

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

Last Updated March 1, 2025

Parkersburg, Wood County, West Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.94%

Estimate Property Tax Bill

$893

$829

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

Property Tax Rates Across Parkersburg, Wood County, West Virginia

Local government entities are responsible for setting tax rates, which can vary significantly within West Virginia. Each county, including Wood County, determines its annual budget requirements for services and divides this figure by the total assessed value of all taxable property in its area. This calculation produces the property tax rate. Although voting and legislation play a role in establishing these rates and budgets, this is the fundamental process followed each year.

In Parkersburg, located in Wood County, the effective property tax rate is a reflection of this process. When comparing Parkersburg’s rate to other cities in West Virginia, it's clear that rates can differ, with some areas like ZIP code 26101 having the highest median tax rate of 0.89% and others like ZIP code 26105 having the lowest at 0.66%. The median property tax rate in West Virginia is 0.89%, slightly below the national median of 1.02%. This comparison highlights how Parkersburg fits within the broader context of the state and nation, offering insight into local property tax dynamics.

Property Tax Rates Across Parkersburg, Wood County, West Virginia

Source: Ownwell

0.71%

0.83%

0.94%

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 Parkersburg Tax Rate

0.94%

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 Parkersburg, Wood County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
26101	0.56%	0.71%	0.94%	0.94%	1.88%
26104	0.57%	0.71%	0.73%	0.94%	1.43%
26105	0.55%	0.61%	0.71%	0.71%	0.94%
26102	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Parkersburg, Wood County, West Virginia

When examining property taxes in Parkersburg, 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 Wood 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 Wood 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 Parkersburg. For example, the median home price in Parkersburg is $88,700, with tax bills ranging significantly across the county. 26105 has the highest median home price at $138,100.

Property Tax Assessment Values Across Parkersburg, Wood County, West Virginia

Source: Ownwell

$83,300

$118,850

$154,400

Median Parkersburg Market Value

$95,050

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 Parkersburg, Wood County, West Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
26101	$20,800	$48,300	$83,300	$129,450	$187,500
26104	$36,840	$75,600	$116,000	$177,500	$246,500
26105	$34,040	$82,600	$147,200	$223,700	$430,700
26102	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Parkersburg, Wood County, West Virginia

In Parkersburg, located in Wood County, WV, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $88,700, and tax bills can vary significantly, with the 25th percentile at $461 and the 75th percentile reaching $1,154. The highest median tax bill in the area is $878, found in ZIP code 26104, while the lowest is $709 in ZIP code 26101. These figures are generally lower than the national median property tax bill of $2,400. Factors influencing the tax bill include the home's assessed value, local tax rates, and applicable exemptions. High property taxes can strain homeowners' budgets, but Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging their expertise, homeowners can potentially lower their tax bills, ensuring they pay only their fair share. This can result in significant savings, offering financial relief to property owners in Parkersburg.

Property Tax Bills Across Parkersburg, Wood County, West Virginia

Source: Ownwell

$602

$898

$1,193

Median Parkersburg Tax Bill

$884

Median Wood County Tax Bill

$942

Median West Virginia Tax Bill

$629

Median United States Tax Bill

$2,400

Property Tax Bills Across Parkersburg, Wood County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
26101	$220	$487	$810	$1,212	$1,693
26104	$319	$630	$1,011	$1,509	$2,097
26105	$288	$623	$1,021	$1,598	$3,614
26102	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 4

Links
Wood Tax Assessor
Website	inquiries.woodcountywv.com