25501 Property Tax Rate

Property owners in ZIP code 25501 (Alkol, West Virginia) pay a median of $595/year in property taxes on homes valued at $110,800. This translates to an effective tax rate of 0.54%, which is near the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 25501 is approximately $50, which factors into escrow payments on mortgages. This ZIP code is located within Lincoln County.

Compared to similar ZIP codes in West Virginia, 25501 has lower property taxes. ZIP codes with similar effective rates include 25414 (0.54%) and 25672 (0.54%).

In Alkol, property taxes represent approximately 1.2% of the median household income of $50,024, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 25501, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Lincoln County's tax assessor directly.