26671 Property Tax Rate

Property owners in ZIP code 26671 (Gilboa, West Virginia) pay a median of $298/year in property taxes on homes valued at $102,300. This translates to an effective tax rate of 0.29%, which is 46% below the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 26671 is approximately $25, which factors into escrow payments on mortgages. This ZIP code is located within Nicholas County. This is $363 less than the West Virginia average of $661/year.

Compared to similar ZIP codes in West Virginia, 26671 has higher property taxes. ZIP codes with similar effective rates include 24991 (0.29%) and 26524 (0.29%).

In Gilboa, property taxes represent approximately 0.6% of the median household income of $46,908, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 26671, 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 Nicholas County's tax assessor directly.