25523 Property Tax Rate

Property owners in ZIP code 25523 (Hamlin, West Virginia) pay a median of $677/year in property taxes on homes valued at $130,400. This translates to an effective tax rate of 0.52%, which is 3% below the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 25523 is approximately $56, which factors into escrow payments on mortgages. This ZIP code is located within Lincoln County.

Compared to similar ZIP codes in West Virginia, 25523 has lower property taxes. ZIP codes with similar effective rates include 26150 (0.52%) and 25646 (0.52%).

In Hamlin, property taxes represent approximately 1.2% of the median household income of $58,056, providing context for the relative tax burden on homeowners in this area.

West Virginia conducts revaluation on a county-by-county cycle (Lincoln County typically revalues every six years), and your property will be reassessed to fair market value when purchased. Lincoln County offers a Homestead Exemption of $20,000 off assessed value for primary residences — contact the Lincoln 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.