Gomer, Ohio Property Taxes
The median property tax rate in Gomer, OH is 1.59%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Gomer at $91,800, the typical annual property tax bill is $1,453, falling below the national median of $2,690. Property taxes in Gomer are based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Gomer's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Gomer or another part of the city, knowing the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gomer, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.59%
Estimate Property Tax Bill
$1,460
Ownwell’s Gomer Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gomer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gomer to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Gomer, Ohio
Property taxes in Gomer, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gomer is 1.59%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Gomer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gomer 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 Gomer's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45809 zip code has the highest median property tax rate of 1.59%, while also having the lowest median tax rate of 1.59%. Understanding how these cities compare with Gomer provides valuable insights into the varying tax landscape across Allen County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gomer Tax Rate
1.59%
Average Allen County Tax Rate
1.57%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gomer, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45809 | 1.32% | 1.58% | 1.59% | 1.62% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Gomer, Ohio
In Gomer, 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 Allen 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 Gomer, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Gomer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 45809 has the highest median tax bill at $1453, while the lowest median tax bill is also found in the same zip code at $1453, reflecting consistent property tax assessments within this area.
Average Gomer Assessed Value
$91,800
Average Allen County Assessed Value
$103,100
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gomer, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45809 | $58,960 | $72,700 | $91,800 | $113,525 | $134,860 |
Source: Ownwell
Property Tax Bills Across Gomer, Ohio
In Gomer, located in Allen County, OH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and typically represents a percentage of the property's market value. For example, with a median home price of $91,800, the assessed value is a crucial factor in determining the tax bill. Local tax rates are applied to this assessed value to calculate the property tax owed. In Gomer, the median property tax bill is $1,453, which is notably higher than the national median property tax rate of 0.99%. For homeowners, this means that property taxes can significantly impact monthly budgets, especially when compared to other regions. The tax bill can vary widely; for instance, at the 25th percentile, homeowners might pay $1,107, while at the 75th percentile, the tax bill could rise to $1,758. This variability underscores the importance of understanding local tax rates and assessed values to anticipate annual property tax obligations accurately.
Average Gomer Tax Bill
$1,453
Average Allen County Tax Bill
$1,550
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Gomer, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45809 | $811 | $1,107 | $1,453 | $1,758 | $2,086 |
Source: Ownwell