Updated · Property tax data: Census ACS 2024 5-year estimates · Transfer tax verified April 2026 · Methodology · Editorial policy
Morgan County's 0.47% median tax-to-value ratio ranks 403rd lowest among the 3,134 US counties tracked, placing it in the bottom 25% lowest nationally. Within West Virginia's 55 counties, it's the 26th lowest. On the county's median home value of $240,600, the typical homeowner pays $1,125 annually in property tax, $504 less than the national median of $1,629. At closing, West Virginia's 0.22% combined real estate transfer tax adds roughly $529 on a median-priced home, typically paid by the seller.
Enter any purchase price to see the full cost breakdown for Morgan County.
The two rows above, added together: everything due at closing plus your first twelve months of ownership.
Moderate flood risk. Some neighborhoods require flood insurance. Check your property at msc.fema.gov.
All figures are estimates for planning purposes only. Mortgage payment assumes a 30-year fixed rate of 7.28%, the Freddie Mac PMMS average for the week ending October 1, 2026. Your lender will confirm the actual rate. Closing costs vary by lender and transaction. Consult a licensed real estate attorney and lender before making any financial decisions.
Ways buyers in Morgan County may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.
Exempts the first $20,000 of assessed value of an owner-occupied primary residence for persons 65+ or permanently and totally disabled. 2-year prior residency required. (Ballot measure proposed to raise to $40,000 in Nov 2026.)
View official source →Refundable income tax credit equal to property tax timely paid on the homestead for honorably discharged veterans with 90-100% VA combined disability rating.
View official source →Refundable income tax credit for low-income homeowners 65+ who qualify for the homestead exemption, reimbursing a portion of property tax paid.
View official source →Last verified April 2026. Exemption amounts and eligibility change frequently. Always confirm with your county assessor before claiming.
Answers to common questions about buying a home in Morgan County.
There is no single property tax rate for Morgan County. The 0.47% figure commonly quoted is a county-wide median: the median annual property tax paid ($1,125) divided by the median home value ($240,600), from 2024 US Census ACS 5-year estimates. It is a statistic describing the county, not a rate levied on any particular property. Your own bill depends on your assessed value, the millage set by your overlapping taxing districts, any homestead or senior exemptions you qualify for, and special assessments. One thing to watch: the median reflects taxes actually paid by current owners, many of whom hold homestead exemptions and assessment caps, so a new buyer paying today's market price often pays more than 0.47% of the purchase price.
West Virginia's combined real estate transfer tax is approximately 0.22% of the purchase price. On the median Morgan County home value of $240,600, this adds roughly $529 at closing. State excise tax $1.10/$500 (0.22%) per W. Va. Code 11-22-2, seller-paid by custom. Counties may add up to $1.65/$500 (0.33%) more, bringing combined rate up to ~0.55% in some counties. Additional $20 flat fee per transfer.
Only in parts. About 5.4% of Morgan County's land area is within a FEMA Special Flood Hazard Area. Most homes are outside these zones, but worth verifying the specific address at msc.fema.gov.
On Morgan County's median home value of $240,600 with 20% down, buyer closing costs work out to roughly $4,226–$8,132, or 1.8–3.4% of the purchase price. That covers title insurance $800–$2,000; loan origination fee $962–$1,925; home appraisal $400–$700; home inspection $350–$600; real estate attorney $600–$1,500; recording fees $100–$300; prepaid mortgage interest $576; homeowners insurance (2 months) $250; property tax escrow (2-3 months) $188–$282. Transfer tax is listed separately. These are national ranges for each line item rather than Morgan County quotes, so treat them as a planning range and use the calculator above for your own purchase price.
Every county-specific figure on this page links to the exact public dataset it comes from. Verify the numbers yourself against the original source.
Source for the $1,125/yr median taxes paid (ACS 2024 5-year estimates, variable B25103_001E).
Source for the $240,600 median home value (variable B25077_001E). The 0.47% effective rate is median taxes paid divided by median home value.
Source for the transfer tax used in the calculator (buyer 0.00%, seller 0.22%). Verified April 2026.
Source for the county's flood hazard exposure (coastal and inland flood exposure area as a share of county area).
The national dataset behind the county report, including its technical documentation and release notes.
Look up a specific property's flood zone and insurance rate map before making an offer on a home in Morgan County.
Closing cost line items are national ranges, not county data. The methodology lists each range's source and the calculator's assumptions (mortgage rate, insurance, PMI).
West Virginia property tax exemptions: official sources
Verified April 2026.
What every buyer should read before making an offer.
An HOA capped rentals at 10 of 50 homes and grandfathered the existing landlords. How to find rental restrictions before closing, and what they cost you.
Read the guide →A buyer closed on a house and only then found out about ongoing HOA lawsuits. Six checks you can run yourself before your contingencies expire.
Read the guide →HOA special assessment not on the disclosure? One buyer got a $15,000 bill the day after closing. How to catch it before, and what to do after.
Read the guide →