StateRates

Fayette County, West Virginia property tax

The median homeowner in Fayette County, West Virginia pays $690 a year in property tax on a home worth $104,200, an effective rate of 0.66%. The national effective rate is 0.98%.

Effective rate 0.66% #2 of 55 in West Virginia
Median tax bill $690 per year
Median home value $104,200 owner-occupied
Median income $52,672 household

What the rate means here

At 0.66%, Fayette County taxes property more lightly than the national 0.98%. With a median home at $104,200, that produces a bill of $690. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

Inside West Virginia it is one of the most heavily taxed counties there is, ranking #2 of 55, against a statewide 0.54%. At the other end of the same state, Summers County charges 0.30%. A spread that wide inside one state is normal, because school districts, not states, set most of the levy.

The median home costs 1.98 times the median household income of $52,672, against 3.86 nationally, which is a comfortable ratio by American standards. 75.7% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 39,987 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,650 per year at 0.66%
$400,000 home $2,640 per year at 0.66%
$600,000 home $3,960 per year at 0.66%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Fayette County, West Virginia against West Virginia and the country
Fayette County West Virginia United States
Effective property tax 0.66% 0.54% 0.98%
Median tax bill $690 $835 $2,969
Median home value $104,200 $155,600 $303,400
Median gross rent $777 $850 $1,348
Median household income $52,672 $57,917 $78,538
Home price to income 1.98× 2.69× 3.86×
Rent as share of income 17.7% 17.61% 20.6%
Owner-occupied 75.7% 74.31% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 39,987.

Nearby counties of similar size

Other West Virginia counties
County Rate Median bill Home value
Wayne County 0.47% $589 $124,900
Ohio County 0.59% $970 $165,300
Preston County 0.47% $747 $157,700
Greenbrier County 0.47% $640 $136,300
Logan County 0.58% $591 $101,500

Fayette County property tax: common questions

What is the property tax rate in Fayette County, West Virginia?

The effective rate is 0.66% of home value, from a median tax bill of $690 against a median home value of $104,200. That is 0.32 points below the national 0.98%.

How much is property tax on a $400,000 home in Fayette County?

Roughly $2,640 a year at the county effective rate of 0.66%.

Is Fayette County expensive compared with the rest of West Virginia?

It ranks #2 of 55 West Virginia counties by effective property tax rate, and #1891 of 2,826 nationally. That is 0.12 points above the West Virginia average of 0.54%.

What does housing cost in Fayette County?

The median home is worth $104,200 and median gross rent is $777 a month. Median household income is $52,672, which puts the home at 1.98 times annual income and rent at 17.7% of it.