26621 Property Tax Rate

Property owners in ZIP code 26621 (Flatwoods, West Virginia) pay a median of $422/year in property taxes on homes valued at $112,500. This translates to an effective tax rate of 0.38%, which is 30% below the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 26621 is approximately $35, which factors into escrow payments on mortgages. This ZIP code is located within Braxton County. This is $239 less than the West Virginia average of $661/year.

Compared to similar ZIP codes in West Virginia, 26621 has lower property taxes. ZIP codes with similar effective rates include 25565 (0.38%) and 26222 (0.38%).

In Flatwoods, property taxes represent approximately 1.0% of the median household income of $40,398, providing context for the relative tax burden on homeowners in this area.

West Virginia reassesses property at fair market value upon transfer with no state homestead exemption or cap, so Braxton County will revalue your home to its purchase price or appraised value. A Senior Homestead Exemption is available to homeowners 65+ meeting income and residency thresholds; apply through the Braxton County Assessor to confirm local program limits and documentation needed. File your exemption application with the Braxton County Assessor within 30 days of reaching one year of primary residence ownership to secure relief in the following tax cycle.