StateRates

Monroe County, West Virginia property tax

The median homeowner in Monroe County, West Virginia pays $698 a year in property tax on a home worth $146,100, an effective rate of 0.48%. The national effective rate is 0.98%.

Effective rate 0.48% #31 of 55 in West Virginia
Median tax bill $698 per year
Median home value $146,100 owner-occupied
Median income $54,508 household

What the rate means here

At 0.48%, Monroe County taxes property more lightly than the national 0.98%. The bill works out at $698 a year. Low-rate counties usually have another revenue source doing the work, whether that is a state funding formula, sales tax or severance revenue from extraction.

It ranks #31 of 55 West Virginia counties by effective rate, against a statewide 0.54%, and #2,499 nationally. The state runs from 0.68% in Kanawha County down to 0.30% in Summers County.

The median home costs 2.68 times the median household income of $54,508, against 3.86 nationally, which is a comfortable ratio by American standards. 82.64% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 12,401 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

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

What that costs at different home values

$250,000 home $1,200 per year at 0.48%
$400,000 home $1,920 per year at 0.48%
$600,000 home $2,880 per year at 0.48%

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

Housing and income

Monroe County, West Virginia against West Virginia and the country
Monroe County West Virginia United States
Effective property tax 0.48% 0.54% 0.98%
Median tax bill $698 $835 $2,969
Median home value $146,100 $155,600 $303,400
Median gross rent $677 $850 $1,348
Median household income $54,508 $57,917 $78,538
Home price to income 2.68× 2.69× 3.86×
Rent as share of income 14.9% 17.61% 20.6%
Owner-occupied 82.64% 74.31% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 12,401.

Nearby counties of similar size

Other West Virginia counties
County Rate Median bill Home value
Braxton County 0.45% $479 $106,400
Summers County 0.30% $384 $126,100
Grant County 0.33% $555 $167,500
Roane County 0.44% $538 $121,100
Wetzel County 0.65% $664 $102,800

Monroe County property tax: common questions

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

The effective rate is 0.48% of home value, from a median tax bill of $698 against a median home value of $146,100. That is 0.5 points below the national 0.98%.

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

Roughly $1,920 a year at the county effective rate of 0.48%.

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

It ranks #31 of 55 West Virginia counties by effective property tax rate, and #2499 of 2,826 nationally. That is 0.06 points below the West Virginia average of 0.54%.

What does housing cost in Monroe County?

The median home is worth $146,100 and median gross rent is $677 a month. Median household income is $54,508, which puts the home at 2.68 times annual income and rent at 14.9% of it.