Taxes in Parkersburg, West Virginia
Complete tax guide for Parkersburg, WV. State income tax up to 5.12%, 0.58% property tax, 6.89% sales tax. Calculate your total tax burden.
State Income Tax
5.12%
West Virginia
Property Tax
0.58%
Effective rate
Sales Tax
6.89%
Combined rate
Tax Burden
Low
Parkersburg, WV Tax Overview
Population
29,675
Median Income
$32,000
Cost of Living
78.2 (100 = avg)
State Income Tax
5.12%
Median Home Price
$115,000
Parkersburg Tax Calculator
Pre-filled with Parkersburg median: $32,000
Total Tax Burden in Parkersburg
$5,888
Take-Home: $26,112 · Effective Rate: 18.40%
Federal Tax
$1,802
5.63% eff.
WV State
$1,638
5.12% eff.
FICA
$2,448
7.65% eff.
Take-Home
$26,112
81.60% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $32,000.00 | $2,666.67 |
| Federal Income Tax | -$1,801.50 | -$150.13 |
| West Virginia State Tax | -$1,638.40 | -$136.53 |
| Social Security (6.2%) | -$1,984.00 | -$165.33 |
| Medicare (1.45%) | -$464.00 | -$38.67 |
| Take-Home Pay | $26,112.10 | $2,176.01 |
Property Tax in Parkersburg
Median Home
$115,000
Annual Tax
$667
Monthly Tax
$56
Effective Rate
0.58%
Sales Tax in Parkersburg
Combined Rate
6.89%
State Portion
~4.4%
Local Portion
~2.5%
The combined sales tax rate in Parkersburg is 6.89%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.89 in sales tax.
Tax Burden Comparison
| Tax Type | Parkersburg | West Virginia Avg | National Avg |
|---|---|---|---|
| Income Tax | 5.12% | 5.12% | 4.6% |
| Property Tax | 0.58% | ~0.58% | 1.1% |
| Sales Tax | 6.89% | ~6.89% | 7.12% |
| Overall Burden | Low | — | Moderate |
Tax Saving Tips for Parkersburg Residents
- West Virginia's income tax rate of 5.12% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Property tax in Parkersburg (0.58%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in West Virginia
Calculate Your Full West Virginia Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Parkersburg, WV?
Parkersburg, West Virginia has a state income tax rate up to 5.12%. The property tax rate is 0.58% and the combined sales tax rate is 6.89%.
How much is property tax in Parkersburg?
The effective property tax rate in Parkersburg is 0.58%. On the median home price of $115,000, this equals approximately $667 per year or $56 per month. This is below the national average of 1.1%.
What is the sales tax rate in Parkersburg?
The combined sales tax rate in Parkersburg is 6.89%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Parkersburg's tax burden compare to other cities?
Parkersburg has a low overall tax burden. The effective total tax rate for a median-income household is approximately 24.5%. The combination of 5.12% state income tax, 0.58% property tax, and 6.89% sales tax determines the total burden. Cost of living index is 78.2 (100 = national average).
Are there any local taxes in Parkersburg?
Parkersburg does not impose a separate local or city income tax. Residents pay the state income tax of 5.12%, federal income tax, and FICA (Social Security and Medicare).