Blaine, Ohio Property Taxes
The median property tax rate in Blaine, Ohio is 1.35%, 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 $51,790 in Blaine, the typical annual property tax bill amounts to $663, which is below the national median of $2,690. Property taxes in Blaine are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Blaine'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 Blaine or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Blaine, 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 Blaine Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blaine with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blaine 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 Belmont County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Blaine, Ohio
Property taxes in Blaine, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blaine is 1.35%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Blaine set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blaine 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 Blaine's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43909 zip code has the highest median property tax rate of 1.35%, while the 43909 zip code has the lowest median tax rate of 1.35%. Understanding how these cities compare with Blaine provides valuable insights into the varying tax landscape across Belmont County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blaine Tax Rate
1.35%
Average Belmont County Tax Rate
1.29%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blaine, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43909 | 0.85% | 1.34% | 1.35% | 1.39% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Blaine, Ohio
In Blaine, 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 Belmont 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. Assessment notices in Blaine 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 Blaine helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill in Blaine is 43909, with a median tax bill of $663.
Average Blaine Assessed Value
$51,790
Average Belmont County Assessed Value
$74,065
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blaine, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43909 | $33,176 | $43,025 | $51,790 | $68,975 | $73,250 |
Source: Ownwell
Property Tax Bills Across Blaine, Ohio
In Blaine, situated in Belmont County, OH, property tax bills are determined by the assessed value of a property, which is a percentage of its market value. The median home price in Blaine is $51,790. Local tax authorities apply the county’s tax rate to this assessed value to calculate the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. For example, homeowners in Blaine typically see tax bills ranging from $516 at the 25th percentile to $967 at the 90th percentile, with a median tax bill of $663. This median tax bill is significantly lower than the national median property tax rate of 0.99%, making Blaine an affordable place for homeowners in terms of property taxes. Understanding these factors helps homeowners anticipate their annual expenses and manage their budgets more effectively.
Average Blaine Tax Bill
$663
Average Belmont County Tax Bill
$992
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Blaine, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43909 | $320 | $516 | $663 | $875 | $967 |
Source: Ownwell