Q: When are property taxes due in Hancock County?
A: Property taxes are due in two installments: the first installment is due September 1 of the tax year, and the second installment is due March 1 of the following year. Delinquent taxes accrue interest beginning October 1 and April 1.
Q: What tax credits are available and do they require application?
A: The primary tax credit available is the Senior Citizens Homestead Credit for property owners age 65 or older, providing up to $1,340 in tax reduction on the first $20,000 of assessed value. This credit requires annual application and is not automatic.
Q: How does the Homestead Credit work?
A: The Homestead Credit limits assessment increases rather than reducing market value. It caps how much your assessment can increase year-over-year, and requires filing an application with the county assessor's office to receive this protection.
Q: How often are properties reassessed in Hancock County?
A: West Virginia law requires properties to be appraised periodically, but the specific schedule varies. Contact the Hancock County Assessor's Office for current reassessment cycles and to appeal assessments if you believe your property is overvalued.
Q: What happens if I pay my property taxes late?
A: Late payments accrue interest from October 1 (first installment) and April 1 (second installment). Continued delinquency can result in tax liens and eventually tax sales of the property.
Q: Can I pay property taxes online?
A: Contact the Hancock County Sheriff's Office for current online payment options and accepted payment methods for property tax bills.
Q: Why do tax rates vary within Hancock County?
A: Different areas within the county may have additional levies for municipalities (Weirton, New Cumberland, Chester), school districts, fire protection districts, or special improvement districts, resulting in varying total effective tax rates.
Q: What triggers a supplemental tax bill?
A: Supplemental taxes are issued when property changes ownership, new construction is completed, or significant improvements increase assessed value during the tax year.
Q: How do I apply for available tax credits?
A: Applications for tax credits such as the Senior Citizens Homestead Credit must be filed with the Hancock County Assessor's Office. Contact them directly for application forms, deadlines, and eligibility requirements.
Q: What's the difference between assessed value and market value?
A: In West Virginia, assessed value should equal fair market value. However, properties may be assessed below current market conditions depending on when they were last appraised, which is why periodic reassessments occur.