25243 Property Tax Rate

Property owners in ZIP code 25243 (Gandeeville, West Virginia) pay a median of $756/year in property taxes on homes valued at $112,500. This translates to an effective tax rate of 0.67%, which is 25% above the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 25243 is approximately $63, which factors into escrow payments on mortgages. This ZIP code is located within Roane County.

Compared to similar ZIP codes in West Virginia, 25243 has higher property taxes. ZIP codes with similar effective rates include 25031 (0.67%) and 25958 (0.67%).

In Gandeeville, property taxes represent approximately 1.9% of the median household income of $39,219, providing context for the relative tax burden on homeowners in this area.

West Virginia reassesses property at fair market value upon transfer with no state homestead exemption, so Roane County will appraise your home at its purchase price or market value. Residents 65+ and persons with disabilities may qualify for local exemptions if income and residency requirements are met; the Roane County Assessor's office administers these programs. Contact the Roane County Assessor after closing to request an exemption application if you are eligible, and confirm the deadline for filing in the current tax year.