Manchester, Ohio Property Taxes
The median property tax rate in Manchester, OH is 1.24%, which is higher than the national median of 0.99% yet lower than Ohio's state median of 1.80%. With a median home value of $84,390 in Manchester, the typical annual property tax bill amounts to $804, significantly below the national median of $2,690. Property taxes in Manchester are determined based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Navigating Manchester's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Manchester or elsewhere in Brown County, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Manchester, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$1,046
Ownwell’s Manchester Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manchester with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manchester 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 Manchester, Ohio
Property taxes in Manchester, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Manchester is 1.24%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Manchester set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manchester 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 Manchester's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45144 zip code has the highest median property tax rate of 1.24%, while the same zip code also has the lowest median tax rate of 1.24%. Understanding how these cities compare with Manchester provides valuable insights into the varying tax landscape across Brown County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Manchester Tax Rate
1.24%
Average Brown County Tax Rate
1.17%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manchester, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45144 | 0.47% | 1.04% | 1.24% | 1.24% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Manchester, Ohio
In Manchester, 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 Brown 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 Manchester, 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 Manchester helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Manchester, the zip code with the highest median tax bill is 45144 at $804, while the lowest median tax bill is also in zip code 45144 at $804.
Average Manchester Assessed Value
$84,390
Average Brown County Assessed Value
$109,630
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manchester, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45144 | $16,483 | $36,935 | $84,390 | $164,160 | $259,819 |
Source: Ownwell
Property Tax Bills Across Manchester, Ohio
Property tax bills in Manchester, located in Brown County, OH, are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. For homeowners in Manchester, the median home price is $84,390. The tax rate in this region is applied to the assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. The 25th percentile of tax bills in Manchester is $425, while the 75th percentile reaches $1,505. For those in the 90th percentile, tax bills can go up to $2,175. These figures indicate that property taxes can vary significantly depending on the specific characteristics of the property. Homeowners in Manchester face a median tax bill of $804, which is lower than the national median property tax rate of 0.99%. This relatively lower tax burden can make homeownership more affordable in this area compared to other regions in the country.
Average Manchester Tax Bill
$804
Average Brown County Tax Bill
$1,244
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Manchester, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45144 | $203 | $425 | $804 | $1,505 | $2,175 |
Source: Ownwell