26731 Property Tax Rate

Property owners in ZIP code 26731 (Lahmansville, West Virginia) pay a median of $378/year in property taxes on homes valued at $332,300. This translates to an effective tax rate of 0.11%, which is 79% below the West Virginia state average of 0.54%.

The monthly property tax burden for a median-valued home in 26731 is approximately $32, which factors into escrow payments on mortgages. This ZIP code is located within Grant County. This is $283 less than the West Virginia average of $661/year.

Compared to similar ZIP codes in West Virginia, 26731 has lower property taxes. ZIP codes with similar effective rates include 26217 (0.15%) and 25205 (0.17%).

West Virginia reassesses property at fair market value upon sale, establishing the new owner's tax base based on the purchase price or current appraisal. Grant County provides homestead exemptions and senior/disabled exemptions that lower your taxable assessed value — file your application with the Grant County Assessor's office to begin receiving tax relief. Contact the Grant County Assessor within 90 days of closing to submit your exemption claim and verify your assessment is fair and accurate.