Clear Fork, Wyoming County, West Virginia Property Taxes

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

Median Clear Fork, WV effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the West Virginia state median of 0.72%.
Median Clear Fork, WV home value: $32,300
Median annual Clear Fork, WV tax bill: $210, $2,190 lower than the national median property tax bill of $2,400.

How are property taxes in Wyoming calculated?

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

Last Updated March 1, 2025

Clear Fork, Wyoming County, West Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$261

$242

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

Property Tax Rates Across Clear Fork, Wyoming County, West Virginia

Local government entities set tax rates, which can vary significantly within a state. This variation is primarily due to each county estimating its required budget annually to provide services, which is then divided by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.

In Clear Fork, located in Wyoming County, WV, the effective property tax rate is 0.68%, which aligns with both the highest and lowest median tax rates in the region. This rate is notably below the national median property tax rate of 1.02%. For residents, this means that compared to other areas in the U.S., Clear Fork offers a more affordable property tax environment. The lower tax burden can be an attractive factor for prospective homeowners and investors considering the area. By understanding these local tax dynamics, property owners can better navigate their financial responsibilities and potentially save money on their property tax bills.

Property Tax Rates Across Clear Fork, Wyoming County, West Virginia

Source: Ownwell

0.75%

1.13%

1.51%

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 Clear Fork Tax Rate

0.75%

Median Effective Wyoming County Tax Rate

0.75%

Median Effective West Virginia Tax Rate

0.71%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Clear Fork, Wyoming County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
24822	0.25%	0.46%	0.75%	0.76%	1.51%

Source: Ownwell

Property Tax Assessment Values Across Clear Fork, Wyoming County, West Virginia

When examining property taxes in Clear Fork, 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 Wyoming 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 Wyoming 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 Clear Fork.

For example, the median home price in Clear Fork is $32,300, with tax bills ranging significantly across the county. Zip code 24822 has the highest median home price at $32,300.

Property Tax Assessment Values Across Clear Fork, Wyoming County, West Virginia

Source: Ownwell

$16,100

$31,775

$47,450

Median Clear Fork Market Value

$34,750

Median Wyoming County Market Value

$25,500

Median West Virginia Market Value

$85,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Clear Fork, Wyoming County, West Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
24822	$9,100	$19,450	$34,750	$55,700	$78,050

Source: Ownwell

Property Tax Bills Across Clear Fork, Wyoming County, West Virginia

Property tax bills in Clear Fork, Wyoming County, WV, are determined by multiplying the assessed value of a property by the local tax rate. In this region, the assessed value is typically a percentage of the property's market value. Homeowners in Clear Fork face a median property tax bill of $210, significantly lower than the national median of $2,400. This lower tax bill can be attributed to the area's median home price of $32,300. The tax bill can vary widely, with the 25th percentile at $105 and the 90th percentile reaching $601. This variability is influenced by factors such as property size, location, and improvements. For homeowners, these taxes can represent a substantial portion of annual expenses. Ownwell can assist homeowners by reviewing their property assessments to ensure accuracy and by identifying potential exemptions or errors that could reduce their tax burden. By leveraging Ownwell's expertise, homeowners can potentially save on their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Clear Fork, Wyoming County, West Virginia

Source: Ownwell

$127

$254

$381

Median Clear Fork Tax Bill

$268

Median Wyoming County Tax Bill

$214

Median West Virginia Tax Bill

$629

Median United States Tax Bill

$2,400

Property Tax Bills Across Clear Fork, Wyoming County, West Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
24822	$65	$118	$268	$437	$719

Source: Ownwell