26662 Property Tax Rate

Canvas, West Virginia · Part of Nicholas County

ACS 2019-2023 · Updated Dec 2024

Effective Tax Rate

0.45%

8.8% above state avg

Median Annual Tax

$719

$60/mo escrow

Estimate Your Tax

$
$50K$2M

Annual Tax

$719

Monthly

$60

Eff. Rate

0.45%

vs. West Virginia Avg8.8% above
vs. National Avg73.3% below

How ZIP 26662 Compares

Median Annual Property Tax

ZIP 26662$719
West Virginia Average$661
National Average$2,690

ZIP 26662

0.45%

Effective rate

West Virginia Avg

0.54%

Effective rate

National Avg

1.10%

Effective rate

State Ranking

Property Tax Rank in West Virginia

0.11%state avg 0.54%3.22%

Lower than 66% of ZIP codes in West Virginia(34th percentile, 512 ZIPs compared)

Property Tax Analysis

Property Tax Insights for ZIP 26662

Property owners in ZIP code 26662 (Canvas, West Virginia) pay a median of $719/year in property taxes on homes valued at $160,000. This translates to an effective tax rate of 0.45%, which is 16% below the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 26662 is approximately $60, which factors into escrow payments on mortgages. This ZIP code is located within Nicholas County.

Compared to similar ZIP codes in West Virginia, 26662 has lower property taxes. ZIP codes with similar effective rates include 26386 (0.45%) and 24951 (0.45%).

West Virginia reassesses all property at fair market value upon transfer of ownership, with the new owner's tax liability based on the purchase price or appraised value. Nicholas County provides homestead exemptions and senior/disabled relief programs — contact the Nicholas County Assessor to file your claim and determine your annual savings. Request a copy of your assessment after purchase and verify it matches fair market value with the Nicholas County Assessor's office.

Frequently Asked Questions

What is the property tax rate in ZIP code 26662?
The effective property tax rate in ZIP code 26662 (Canvas, WV) is 0.45%. This rate is calculated by dividing the median annual property tax payment by the median home value within this ZIP Code Tabulation Area (ZCTA), based on U.S. Census Bureau data.
How much are property taxes in Canvas, WV (26662)?
The median annual property tax payment in ZIP code 26662 is $719. This figure represents the typical amount paid by homeowners in this area. Actual taxes vary based on your assessed property value and any applicable exemptions.
How does ZIP 26662 compare to the West Virginia average?
ZIP code 26662's effective tax rate of 0.45% is lower than the West Virginia state average of 0.54%. The median annual property tax in this ZIP is $719, compared to the state average of $661.
What is the median home value in ZIP 26662?
The median home value in ZIP code 26662 (Canvas, WV) is $160,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates at the ZCTA level.
What county is ZIP code 26662 in?
ZIP code 26662 is part of Nicholas County in West Virginia. For broader county-level property tax data, including comparisons with other counties in West Virginia, visit the Nicholas County profile on TaxByCounty.

Margin of Error

The median property tax estimate for this ZIP code has a margin of error of ±$128. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.

County-Level Data

ZIP code 26662 is part of Nicholas County, West Virginia. View the full county profile for broader context and more data.

View Nicholas County on TaxByCounty →
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →