StateRates

Wood County, West Virginia property tax

The median homeowner in Wood County, West Virginia pays $943 a year in property tax on a home worth $153,700, an effective rate of 0.61%. The national effective rate is 0.98%.

Effective rate 0.61% #8 of 55 in West Virginia
Median tax bill $943 per year
Median home value $153,700 owner-occupied
Median income $56,193 household

What the rate means here

At 0.61%, Wood County taxes property more lightly than the national 0.98%. That puts the median bill at $943. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #8 of 55 West Virginia counties by effective rate, against a statewide 0.54%, and #2,064 nationally. The state runs from 0.68% in Kanawha County down to 0.30% in Summers County.

The median home costs 2.74 times the median household income of $56,193, against 3.86 nationally, which is a comfortable ratio by American standards. 74.42% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. The county has 83,829 residents, which is small enough that the medians describe a reasonably coherent market.

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

What that costs at different home values

$250,000 home $1,525 per year at 0.61%
$400,000 home $2,440 per year at 0.61%
$600,000 home $3,660 per year at 0.61%

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

Housing and income

Wood County, West Virginia against West Virginia and the country
Wood County West Virginia United States
Effective property tax 0.61% 0.54% 0.98%
Median tax bill $943 $835 $2,969
Median home value $153,700 $155,600 $303,400
Median gross rent $789 $850 $1,348
Median household income $56,193 $57,917 $78,538
Home price to income 2.74× 2.69× 3.86×
Rent as share of income 16.85% 17.61% 20.6%
Owner-occupied 74.42% 74.31% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 83,829.

Nearby counties of similar size

Other West Virginia counties
County Rate Median bill Home value
Cabell County 0.63% $989 $156,100
Raleigh County 0.51% $733 $142,600
Harrison County 0.55% $872 $158,500
Monongalia County 0.48% $1,232 $254,200
Mercer County 0.50% $589 $118,600

Wood County property tax: common questions

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

The effective rate is 0.61% of home value, from a median tax bill of $943 against a median home value of $153,700. That is 0.37 points below the national 0.98%.

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

Roughly $2,440 a year at the county effective rate of 0.61%.

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

It ranks #8 of 55 West Virginia counties by effective property tax rate, and #2064 of 2,826 nationally. That is 0.07 points above the West Virginia average of 0.54%.

What does housing cost in Wood County?

The median home is worth $153,700 and median gross rent is $789 a month. Median household income is $56,193, which puts the home at 2.74 times annual income and rent at 16.85% of it.