Stout, Ohio Property Taxes
The median property tax rate in Stout, OH is 1.40%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $40,750 in Stout, the typical annual property tax bill amounts to $483, significantly below the national median of $2,690. Property taxes in Stout are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Stout's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Stout or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stout, Ohio Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,600
Ownwell’s Stout Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate annual property taxes in Stout, Adams County. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Stout to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, empowering you to make informed financial decisions. If you’re looking for more detailed trends at the neighborhood level, scroll down for localized information. Your property’s assessed value is determined by the county for tax calculations, considering any applicable exemptions.
Property Tax Rates Across Stout, Ohio
Property taxes in Stout, Ohio, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Stout is 1.40%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Stout set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stout estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Stout's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45684 zip code has the highest median property tax rate of 1.40%, while the 45684 zip code also has the lowest median tax rate of 1.40%. Understanding how these cities compare with Stout provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stout Tax Rate
1.40%
Average Adams County Tax Rate
1.44%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stout, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45684 | 0.54% | 0.99% | 1.40% | 1.55% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Stout, Ohio
In Stout, Ohio, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Adams County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Stout, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For example, the median home price in Stout is $40,750, with tax bills ranging from $227 at the 25th percentile to $1,620 at the 90th percentile. The highest and lowest median tax bill, both at $483, are found in the 45684 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Stout Assessed Value
$40,750
Average Adams County Assessed Value
$61,700
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stout, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45684 | $7,890 | $17,350 | $40,750 | $93,225 | $156,860 |
Source: Ownwell
Property Tax Bills Across Stout, Ohio
In STOUT, property tax bills are calculated based on the assessed value of a home, which is determined by the Adams County assessor. The assessed value typically represents a percentage of the property's market value. Homeowners in STOUT face property tax rates that are influenced by local government budgets, school districts, and other public services. These rates are applied to the assessed value to calculate the annual tax bill. For instance, with a median home price of $40,750, the property tax bill can vary significantly. The 25th percentile tax bill is $227, while the 75th percentile reaches $1,091, and the 90th percentile can be as high as $1,620. These figures illustrate the range of property tax burdens homeowners might encounter. Compared to the national median property tax rate of 0.99%, STOUT's rates reflect the local economic conditions and public service funding needs, impacting homeowners' annual financial obligations.
Average Stout Tax Bill
$483
Average Adams County Tax Bill
$833
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Stout, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45684 | $93 | $227 | $483 | $1,091 | $1,620 |
Source: Ownwell