StateRates

Putnam County, West Virginia property tax

The median homeowner in Putnam County, West Virginia pays $1,235 a year in property tax on a home worth $214,200, an effective rate of 0.58%. The national effective rate is 0.98%.

Effective rate 0.58% #11 of 55 in West Virginia
Median tax bill $1,235 per year
Median home value $214,200 owner-occupied
Median income $77,871 household

What the rate means here

At 0.58%, Putnam County taxes property more lightly than the national 0.98%. With a median home at $214,200, that produces a bill of $1,235. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #11 of 55 West Virginia counties by effective rate, against a statewide 0.54%, and #2,167 nationally. The state runs from 0.68% in Kanawha County down to 0.30% in Summers County.

The median home costs 2.75 times the median household income of $77,871, against 3.86 nationally, which is a comfortable ratio by American standards. 82.69% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 57,250 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 $1,450 per year at 0.58%
$400,000 home $2,320 per year at 0.58%
$600,000 home $3,480 per year at 0.58%

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

Housing and income

Putnam County, West Virginia against West Virginia and the country
Putnam County West Virginia United States
Effective property tax 0.58% 0.54% 0.98%
Median tax bill $1,235 $835 $2,969
Median home value $214,200 $155,600 $303,400
Median gross rent $975 $850 $1,348
Median household income $77,871 $57,917 $78,538
Home price to income 2.75× 2.69× 3.86×
Rent as share of income 15.02% 17.61% 20.6%
Owner-occupied 82.69% 74.31% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 57,250.

Nearby counties of similar size

Other West Virginia counties
County Rate Median bill Home value
Marion County 0.60% $989 $164,300
Jefferson County 0.55% $1,796 $324,500
Mercer County 0.50% $589 $118,600
Harrison County 0.55% $872 $158,500
Ohio County 0.59% $970 $165,300

Putnam County property tax: common questions

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

The effective rate is 0.58% of home value, from a median tax bill of $1,235 against a median home value of $214,200. That is 0.4 points below the national 0.98%.

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

Roughly $2,320 a year at the county effective rate of 0.58%.

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

It ranks #11 of 55 West Virginia counties by effective property tax rate, and #2167 of 2,826 nationally. That is 0.04 points above the West Virginia average of 0.54%.

What does housing cost in Putnam County?

The median home is worth $214,200 and median gross rent is $975 a month. Median household income is $77,871, which puts the home at 2.75 times annual income and rent at 15.02% of it.