25517 Property Tax Rate

Property owners in ZIP code 25517 (Genoa, West Virginia) pay a median of $389/year in property taxes on homes valued at $53,500. This translates to an effective tax rate of 0.73%, which is 35% above the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 25517 is approximately $32, which factors into escrow payments on mortgages. This ZIP code is located within Wayne County. This is $272 less than the West Virginia average of $661/year.

Compared to similar ZIP codes in West Virginia, 25517 has lower property taxes. ZIP codes with similar effective rates include 26320 (0.73%) and 24836 (0.73%).

In Genoa, property taxes represent approximately 1.0% of the median household income of $40,781, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 25517, 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 Wayne County's tax assessor directly.