24985 Property Tax Rate

Property owners in ZIP code 24985 (Wayside, West Virginia) pay a median of $869/year in property taxes on homes valued at $200,000. This translates to an effective tax rate of 0.43%, which is 19% below the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 24985 is approximately $72, which factors into escrow payments on mortgages. This ZIP code is located within Monroe County. This is $208 more than the West Virginia average of $661/year.

Compared to similar ZIP codes in West Virginia, 24985 has higher property taxes. ZIP codes with similar effective rates include 24831 (0.43%) and 26283 (0.43%).

West Virginia reassesses property at market value at sale, with no state homestead exemption or purchase-price protection — Monroe County will reappraise your home upon transfer. Seniors 65+ and disabled residents may qualify for local exemptions if they meet income and residency requirements; contact the Monroe County Assessor to obtain program details and application instructions. Submit your exemption claim to the Monroe County Assessor within the required window after purchase to secure tax relief for eligible family members.