West Virginia Property Tax Calculator

Michigan Property Tax Calculator

Michigan Property Tax Calculator

Estimate your property taxes based on Michigan's assessment rates and mill rates

1
Property Details
2
Location
3
Owner Info
4
Exemptions
5
Results
Michigan Assessment Rates
Michigan assesses properties at 50% of true cash value with an average effective property tax rate of ~1.15%. Taxable value increases are capped at 5% per year or the rate of inflation, whichever is less.

Property Details

Enter the true cash value (market value) of your property in USD

Please enter a valid true cash value

Enter the previous year's taxable value (if known)

Current inflation rate (default: 2.3%)

Different property types have different tax rates in Michigan

Please select a property type

Enter the total square footage of the property

Please enter valid square footage

Enter the total acreage of the property

Please enter valid acreage

Enter the year the property was constructed

Please enter a valid year

The year for which you want to calculate property taxes

Please select an assessment year

Principal residences qualify for the Principal Residence Exemption (PRE)

Recent purchases may trigger a taxable value "uncapping"

Location Information

Your county determines some of your tax rates

Please select a county

Your city/township determines your local millage rates

School districts have their own millage rates

Special assessment districts may have additional millage rates

Owner Information

Your ownership status may affect exemption eligibility

Please select an ownership status

Enter how many years you've owned the property

Please enter a valid duration

Enter owner's age (required for certain exemptions)

Please enter a valid age

Required for Homestead Property Tax Credit eligibility

Disabled veterans may qualify for property tax exemptions

Seniors may qualify for additional property tax credits

Exemption Eligibility

Check all exemptions that apply to your property

Exempts property from up to 18 mills of school operating taxes

100% exemption for qualifying disabled veterans

For low-income homeowners who meet local guidelines

State income tax credit for qualifying homeowners and renters

Exempts property from up to 18 mills of school operating taxes

For qualifying industrial properties

For qualifying residential properties in designated zones

For qualifying rehabilitated commercial properties

For qualifying rehabilitated obsolete properties

Property Tax Assessment Results

Assessment Summary

True Cash Value: $0
State Equalized Value (SEV): $0
Previous Taxable Value: $0
Capped Value Increase: $0
Current Taxable Value: $0

Millage Rate Information

County Operating Millage: 0.00
City/Township Millage: 0.00
School Operating Millage: 0.00
School Debt Millage: 0.00
State Education Tax: 6.00
Special Assessment Millage: 0.00
Total Millage Rate: 0.00

Tax Calculation

County Tax: $0
City/Township Tax: $0
School Operating Tax: $0
School Debt Tax: $0
State Education Tax: $0
Special Assessment Taxes: $0
Total Property Tax: $0
Homestead Property Tax Credit: $0
Net Annual Tax Amount: $0
Effective Tax Rate: 0.00%

Payment Information

Summer Tax Due: $0
Winter Tax Due: $0
Summer Tax Due Date: July 1 (payable by September 14)
Winter Tax Due Date: December 1 (payable by February 14)

Disclaimer: This calculator provides an estimate of property taxes based on the information provided. Actual tax amounts may vary. Please consult with your local tax assessor's office for official tax information.

Quickly estimate your annual property tax liability in West Virginia with our free, fast, and accurate West Virginia Property Tax Calculator. Enter your property’s market value, any applicable exemptions, and your local combined tax rate to discover your total annual tax bill and a convenient monthly breakdown.

What Is West Virginia Property Tax?

Definition:
A West Virginia Property Tax Calculator is a specialized tool for homeowners, buyers, and investors to estimate their yearly property tax obligation. By inputting your property’s fair market value, accounting for West Virginia’s 60% assessment ratio, applying any eligible exemptions, and entering the combined local tax rate (per $100 of assessed value), you can instantly see:

  • Gross Tax before exemptions
  • Total Exemptions applied
  • Net Tax Due for the year
  • Monthly Payment Estimate
  • Effective Tax Rate as a percentage of market value

Why It Matters:
West Virginia property taxes fund schools, counties, municipalities, and special districts. Rates and exemptions vary by county, so estimating your tax upfront helps you:

  • Budget for mortgage escrow or monthly savings
  • Compare tax burdens across different counties
  • Factor in exemptions (e.g., disabled veteran, agricultural land)
  • Make informed decisions when buying, selling, or refinancing

Brief History

  • 19th Century Origins: Upon statehood in 1863, West Virginia adopted the traditional land‐based property tax, relying on local assessors to value properties.
  • Assessment Ratio Established: To standardize valuations, West Virginia set a 60% assessed‐to‐market value ratio for most property classes in the early 20th century PayRent.
  • Local Levy Structure: Counties, school boards, municipalities, and special districts each levy rates expressed per $100 of assessed value, creating a combined rate unique to every jurisdiction.
  • Exemption Additions: Over time, property‐tax credits and exemptions—such as for disabled veterans, agricultural land, and low‐income senior homeowners—were introduced to relieve qualifying owners.
  • Digital Tools Emergence: In the 2000s, online calculators began appearing, enabling taxpayers to compute their liabilities in seconds rather than deciphering multiple levy sheets.

How It Works

Property Tax Formula

Annual Tax = (Market Value × 60% – Exemptions) × (Combined Rate ÷ 100)

Where:

  • Market Value is your property’s fair market value.
  • 60% is West Virginia’s mandated assessment ratio PayRent.
  • Exemptions are dollar‐value reductions (e.g., disabled veteran exemption).
  • Combined Rate is the sum of all local levies, expressed in dollars per $100 of assessed value.

Step-by-Step

  1. Enter Market Value – The full fair market value of your property.
  2. Apply Assessment Ratio (60%) – West Virginia assesses most properties at 60% of market.
  3. Subtract Exemptions – Input any qualifying exemptions (e.g., disabled veteran credit, agricultural use).
  4. Enter Combined Rate – Sum of county, school, municipal, and special district rates per $100 assessed.
  5. Calculate – The tool outputs:
    • Gross Tax (before exemptions)
    • Total Exemptions
    • Net Tax Due
    • Monthly Estimate (Net �� 12)
    • Effective Tax Rate (Net �� Market × 100%)

Key Inputs & Components

Input Definition
Market Value Fair market value of the property as determined by appraisal.
Assessment Ratio (60%) Percentage of market value subject to tax in West Virginia PayRent.
Exemptions/Credits Dollar amounts subtracted for qualifying owners (e.g., disabled veterans, ag land use).
Combined Rate ($/100) Sum of all applicable local levy rates per $100 of assessed value (county + school + etc.).

Types of Costs & Outputs

Output What It Means
Gross Tax Tax due on assessed value before exemptions.
Total Exemptions Sum of all dollar‐value exemptions applied.
Net Tax Due Final annual tax owed after exemptions.
Monthly Tax Estimate Even division of Net Tax Due across 12 months for budgeting.
Effective Tax Rate (%) Net Tax Due divided by Market Value × 100 — your true burden relative to home value.

Example Scenarios & Sample Calculations

# Market Value Assessed Value Combined Rate Exemptions Gross Tax Total Exemptions Net Tax Due Monthly Est. Eff. Rate
1 $200,000 $200,000 × 0.60 = 120,000 $1.20/100 $0 $1,440.00 $0 $1,440.00 $120.00 0.72%
2 $350,000 $210,000 $1.35/100 $500 (vet credit) $2,835.00 $500 $2,335.00 $194.58 0.67%
3 $150,000 $90,000 $1.10/100 $0 $990.00 $0 $990.00 $82.50 0.66%
4 $400,000 $240,000 $1.50/100 $1,000 (senior) $3,600.00 $1,000 $2,600.00 $216.67 0.65%
5 $275,000 $165,000 $1.25/100 $250 (ag credit) $2,062.50 $250 $1,812.50 $151.04 0.66%

Note: Many West Virginia counties have combined rates in the $1.00–$1.50 range per $100 of assessed value (approx. a 0.55%–0.90% effective rate) Tax Foundation.

Interactive Tables & Charts

Sample Combined Rates by County

County Combined Rate ($/100) Effective Rate (% of MV)
Jefferson 1.42 0.85%
Kanawha 1.20 0.72%
Monongalia 1.10 0.66%
Berkeley 1.35 0.81%
Ohio 1.50 0.90%

(Combined Rate includes county, school, municipal, and special district levies.)

Frequently Asked Questions (FAQs)

Q1: Why is my assessed value only 60% of market value?
West Virginia law mandates that most properties be assessed at 60% of their full market value to standardize valuations across counties PayRent.

Q2: What types of exemptions are available?
Common credits include:

  • Disabled Veteran Exemption (up to $2,000 off assessed value)
  • Senior Citizen Credit (for homeowners age 65+)
  • Agricultural Use Exemption (for qualified farmland)

Q3: How do I find my combined rate?
Your county assessor’s or tax commissioner’s website publishes the full levy sheet each year. Add all lines (county + school + municipality + special districts) to get the combined rate per $100.

Q4: What is an effective tax rate?
It’s your Net Tax Due divided by Market Value, expressed as a percentage. West Virginia’s average effective rate is around 0.55% of market value Tax Foundation.

Q5: How often do rates change?
Millage rates (levies) and exemptions may be updated annually based on local budgets and state legislation. Always verify current rates with your county office.

Filled Example (Quick Use)

  • Market Value: $300,000
  • Assessed Value: $300,000 × 0.60 = $180,000
  • Combined Rate: $1.20 per $100 assessed
  • Veteran Exemption: $500
  • Gross Tax: $180,000 ÷ 100 × $1.20 = $2,160.00
  • Total Exemptions: $500
  • Net Annual Tax Due: $1,660.00
  • Monthly Payment Estimate: $138.33
  • Effective Tax Rate: 0.55%

 

This calculator provides estimates based on current West Virginia tax statutes and typical levy structures. Always confirm specifics with your County Assessor or Tax Commissioner for the most accurate figures.

Find other property tax calculators for other states of USA here: