Example of Wirt County Property Tax Calculation
Wirt County calculates property tax based on the assessed value of the property. The assessed value is determined by the county assessor's office and is based on the market value of the property.
To calculate the property tax, Wirt County uses a mill rate. A mill rate is a rate per thousand dollars of assessed value. For example, if the mill rate is 50 and the assessed value of the property is $100,000, the property tax would be $5,000 (50 x 100).
In Wirt County, the current mill rate for residential properties is 44.52. So, for a residential property with an assessed value of $150,000, the property tax would be $6,678 (44.52 x 150).
It's important to note that property taxes also vary based on any exemptions or deductions the property may qualify for, such as homestead exemptions or senior citizens discounts.
If you have any questions about your property tax or exemptions, you can contact the Wirt County assessor's office for assistance.
If you want appeal your property tax assessment - contact your local tax assessor.
Wirt County Property Tax Rates
The Wirt County Property Tax rates are as follows:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| General Fund | $0.3145 |
| School Levy | $1.2825 |
| Fire Levy | $0.0650 |
| Ambulance Levy | $0.0135 |
It is important to note that these rates are subject to change and taxpayers should consult with local officials for the most up-to-date information.
Who sets property tax rates in Wirt County ?
In Wirt County, property tax rates are set by the County Commission. The Commission typically meets every other Tuesday to discuss and vote on matters related to county finances, including property taxes. The specific rate for property taxes is set annually and can vary depending on factors such as changes in property values or changes in county budget needs. Property owners in Wirt County can expect to receive their tax bills in July and the taxes are due by September 1st. If taxes are not paid by the due date, penalties and interest may accrue.
Homestead exemptions in Wirt County ?
In Wirt County, West Virginia, homeowners can benefit from various Homestead exemptions and deductions. Here are some of the county-specific exemptions and deductions that you should know about:
| Exemption/Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| County Homestead Exemption | Homeowners who are at least 65 years old or permanently and totally disabled | Up to $20,000 of the assessed value of the home | Must apply annually by July 1st |
| Personal Property Exemption | Homeowners | Up to $2,000 of the assessed value of personal property | Applies to personal property within the home |
| Disabled Veteran Exemption | Veterans who are permanently and totally disabled due to their service | Up to $20,000 of the assessed value of the home | Must have proof of disability from the VA |
| Agricultural Land Use Value | Landowners who use their land for agricultural purposes | Based on the use value of the land | Must apply annually by September 1st |
It is important to note that these exemptions and deductions may have specific requirements and deadlines for application. Homeowners who meet the eligibility requirements should ensure that they apply in a timely manner to take advantage of these benefits.
When is Wirt County Property Tax due ?
Wirt County Property Tax Due Date and Payment Methods
Property taxes are a significant expense for homeowners in Wirt County, West Virginia. It is essential to understand when the taxes are due and the available payment methods to avoid any penalties or interest. Below are some essential details regarding Wirt County Property Tax:
Due Date
- Wirt County Property Taxes are due on September 1st of each year.
- The taxes are considered late if not paid by October 1st, and a 10% penalty will be added to the total.
Payment Methods
Wirt County offers several payment methods for property taxes, including:
- In Person: Payments can be made in person at the Wirt County Sheriff's Office, located at 1 Court Square, Elizabeth, WV 26143.
- By Mail: Payments can be mailed to the Wirt County Sheriff's Office at the same address mentioned above. It is essential to include the property tax bill and a check or money order payable to "Wirt County Sheriff."
- Online: Payments can be made online using a credit card, debit card, or e-check through the Wirt County Tax Office website. A convenience fee of 2.5% will be added to credit and debit card transactions, while e-checks have a flat fee of $2.00.
It is crucial to ensure timely payment of property taxes in Wirt County to avoid penalties or interest. The available payment methods make it easy for taxpayers to pay their property taxes promptly.
If you have more questions - contact your local tax collector.
How is Wirt County Property Tax penalty calculated ?
Wirt County, located in West Virginia, calculates property tax penalties based on a set timeline and a percentage of the unpaid taxes. The penalty schedule is as follows:
- October 1st - 1% penalty
- November 1st - 2% penalty
- December 1st - 3% penalty
- January 1st - 4% penalty
- February 1st - 5% penalty
For example, if a property owner in Wirt County has unpaid property taxes of $2,000 and misses the October 1st deadline, they will be charged a penalty of $20 (1% of $2,000). If they continue to miss subsequent deadlines and do not pay their taxes until February 1st, they will be charged a total penalty of $200 ($20 + $40 + $60 + $80 + $100). This would bring their total property tax bill to $2,200.
It is important for property owners in Wirt County to pay their property taxes on time to avoid unnecessary penalties and fees. If you have any questions or concerns about your property taxes in Wirt County, it is recommended to contact the county assessor's office.
We recommend contacting the Wirt County Tax Office or a local tax professional for the most up-to-date and accurate information.