East Canton, Ohio Property Taxes
The median property tax rate in East Canton, OH is 1.88%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in East Canton at $131,635, the typical annual property tax bill reaches $2,389, which is below the national median of $2,690. Property taxes in East Canton are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding East Canton'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 East Canton 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
East Canton, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.88%
Estimate Property Tax Bill
$2,475
Ownwell’s East Canton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in East Canton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in East Canton 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 East Canton, Ohio
Property taxes in East Canton, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Canton is 1.88%, significantly higher than the U.S. national median of 0.99%. Local government entities within East Canton set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Canton 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 East Canton's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44730 zip code has the highest median property tax rate of 1.88%, while the same 44730 zip code also has the lowest median tax rate of 1.88%. Understanding how these cities compare with East Canton provides valuable insights into the varying tax landscape across Carroll County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average East Canton Tax Rate
1.88%
Average Carroll County Tax Rate
1.41%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Canton, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44730 | 1.02% | 1.57% | 1.88% | 1.93% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across East Canton, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in East Canton, Ohio. 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 Carroll 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 East Canton, 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. The median home price in East Canton is $131,635, with tax bills ranging widely. For instance, the 25th percentile tax bill is $1,062, while the 75th percentile tax bill is $2,773, and the 90th percentile tax bill reaches $3,770. The zip code 44730 has the highest and lowest median tax bill at $2,389. 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 valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average East Canton Assessed Value
$131,635
Average Carroll County Assessed Value
$85,895
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across East Canton, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44730 | $13,760 | $65,668 | $131,635 | $160,388 | $202,322 |
Source: Ownwell
Property Tax Bills Across East Canton, Ohio
In East Canton, located in Carroll County, OH, property tax bills are calculated based on a combination of the assessed value of the property and the local tax rate. The assessed value is typically a percentage of the market value of the home, which in East Canton has a median home price of $131,635. The local tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in East Canton can expect their property tax bills to vary significantly. For instance, those at the 25th percentile pay around $1,062 annually, while those at the 75th percentile see bills closer to $2,773. The highest tax bills, in the 90th percentile, can go up to $3,770. These property taxes fund essential services such as schools, public safety, and infrastructure, directly impacting the quality of life in the community. Compared to the national median property tax rate of 0.99%, East Canton’s tax rates reflect the local economic conditions and municipal needs.
Average East Canton Tax Bill
$2,389
Average Carroll County Tax Bill
$1,225
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across East Canton, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44730 | $164 | $1,062 | $2,389 | $2,773 | $3,770 |
Source: Ownwell