25854 Property Tax Rate

Property owners in ZIP code 25854 (Hico, West Virginia) pay a median of $1,078/year in property taxes on homes valued at $176,800. This translates to an effective tax rate of 0.61%, which is 13% above the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 25854 is approximately $90, which factors into escrow payments on mortgages. This ZIP code is located within Fayette County. This is $417 more than the West Virginia average of $661/year.

Compared to similar ZIP codes in West Virginia, 25854 has lower property taxes. ZIP codes with similar effective rates include 25401 (0.61%) and 25510 (0.61%).

West Virginia reassesses at fair market value upon sale with no state exemption — Fayette County will appraise your property to its purchase price or market value. Seniors 65+ and disabled homeowners may qualify for exemptions if they meet income limits and residency requirements; the Fayette County Assessor's office administers these local programs. Contact the Fayette County Assessor after closing to request an exemption application if you are 65 or older, and ask about the deadline for filing in the current tax year.