25507 Property Tax Rate

Property owners in ZIP code 25507 (Ceredo, West Virginia) pay a median of $501/year in property taxes on homes valued at $137,200. This translates to an effective tax rate of 0.37%, which is 32% below the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 25507 is approximately $42, which factors into escrow payments on mortgages. This ZIP code is located within Wayne County.

Compared to similar ZIP codes in West Virginia, 25507 has higher property taxes. ZIP codes with similar effective rates include 26814 (0.37%) and 25259 (0.37%).

In Ceredo, property taxes represent approximately 1.0% of the median household income of $48,379, providing context for the relative tax burden on homeowners in this area.

West Virginia conducts revaluation on a county-by-county cycle (Wayne County typically revalues every six years), and your property will be reassessed to fair market value when purchased. Wayne County offers a Homestead Exemption of $20,000 off assessed value for primary residences — contact the Wayne County Assessor's office to file immediately after closing. Request a Property Tax Exemption Application form and submit proof of occupancy to lock in your exemption for the next assessment cycle.