Waynesburg, Ohio Property Taxes
The median property tax rate in Waynesburg, OH is 1.77%, which is significantly higher than the national median of 0.99% but slightly below the Ohio state median of 1.80%. With a median home value of $130,240 in Waynesburg, the typical annual property tax bill comes to $2,188, still below the national median of $2,690. Property taxes in Waynesburg are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Waynesburg'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 Waynesburg 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
Waynesburg, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.77%
Estimate Property Tax Bill
$2,305
Ownwell’s Waynesburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Waynesburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Waynesburg 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 Waynesburg, Ohio
Property taxes in Waynesburg, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Waynesburg is 1.77%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Waynesburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Waynesburg 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 Waynesburg's effective property tax rate to other areas in Ohio and the national median. For comparison, the 44688 zip code has the highest median property tax rate of 1.77%, while the 44620 zip code has the lowest median tax rate of 1.10%. Understanding how these areas compare with Waynesburg 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 Waynesburg Tax Rate
1.77%
Average Carroll County Tax Rate
1.41%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Waynesburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44620 | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
| 44688 | 1.24% | 1.49% | 1.77% | 1.84% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Waynesburg, Ohio
In Waynesburg, 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 local 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 Waynesburg, 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 Waynesburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Carroll County, the highest median tax bill is $2,196 in the 44688 zip code, while the lowest median tax bill is $357 in the 44620 zip code.
Average Waynesburg Assessed Value
$130,240
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 Waynesburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44620 | $32,542 | $32,542 | $32,542 | $32,542 | $32,542 |
| 44688 | $15,895 | $91,718 | $130,495 | $200,222 | $301,760 |
Source: Ownwell
Property Tax Bills Across Waynesburg, Ohio
Property tax bills in Waynesburg, Carroll County, OH, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the market value of the home, which in Waynesburg, has a median home price of $130,240. Various factors influence the final tax bill, including the property's location, size, and any applicable exemptions. For homeowners in Waynesburg, property tax bills can vary significantly. For instance, the 25th percentile tax bill is around $1,404, while the 75th percentile tax bill reaches approximately $3,014. At the higher end, the 90th percentile tax bill can be as substantial as $4,312. The highest median tax bill in the area is $2,196 in the 44688 zip code, contrasting sharply with the lowest median tax bill of $357 in the 44620 zip code. Understanding these factors is crucial for homeowners as property taxes directly impact annual housing costs and overall financial planning.
Average Waynesburg Tax Bill
$2,188
Average Carroll County Tax Bill
$1,225
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Waynesburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44620 | $357 | $357 | $357 | $357 | $357 |
| 44688 | $483 | $1,425 | $2,196 | $3,014 | $4,320 |
Source: Ownwell