24946 Property Tax Rate

Property owners in ZIP code 24946 (Hillsboro, West Virginia) pay a median of $529/year in property taxes on homes valued at $173,600. This translates to an effective tax rate of 0.30%, which is 43% below the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 24946 is approximately $44, which factors into escrow payments on mortgages. This ZIP code is located within Pocahontas County.

Compared to similar ZIP codes in West Virginia, 24946 has higher property taxes. ZIP codes with similar effective rates include 26267 (0.31%) and 24944 (0.30%).

In Hillsboro, property taxes represent approximately 0.8% of the median household income of $63,583, providing context for the relative tax burden on homeowners in this area.

West Virginia reassesses at fair market value upon transfer with no state exemptions, so Pocahontas County will revalue your property to its purchase price or appraised market value. A Senior Homestead Exemption is available to homeowners 65+ meeting income and occupancy requirements; apply through the Pocahontas County Assessor to confirm local thresholds and deadlines. File your Senior Homestead Exemption application with the Pocahontas County Assessor within 30 days of meeting the one-year residency requirement to receive exemption benefits.