24991 Property Tax Rate

Property owners in ZIP code 24991 (Williamsburg, West Virginia) pay a median of $368/year in property taxes on homes valued at $126,400. This translates to an effective tax rate of 0.29%, which is 46% below the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 24991 is approximately $31, which factors into escrow payments on mortgages. This ZIP code is located within Greenbrier County. This is $293 less than the West Virginia average of $661/year.

Compared to similar ZIP codes in West Virginia, 24991 has lower property taxes. ZIP codes with similar effective rates include 26671 (0.29%) and 26524 (0.29%).

In Williamsburg, property taxes represent approximately 0.7% of the median household income of $52,782, providing context for the relative tax burden on homeowners in this area.

West Virginia reassesses property at fair market value when sold, with no state-level homestead exemption or cap on increases — Greenbrier County's $243,700 median home will be reappraised at purchase price. A Senior Homestead Exemption program exists for residents 65+ meeting income and residency thresholds; the Greenbrier County Assessor's office administers applications and sets local limits. Contact the Greenbrier County Assessor after closing to request a Senior Homestead Exemption application if you are 65 or older and have owned your primary residence for the required period.