South Charleston, Ohio Property Taxes
The median property tax rate in South Charleston, OH is 1.40%, which is higher than both the national median of 0.99% and Ohio’s state median of 1.80%. With the median home value in South Charleston at $153,600, the typical annual property tax bill reaches $2,019, still below the national median of $2,690. Property taxes in South Charleston are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding South Charleston'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 South Charleston 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
South Charleston, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$2,150
Ownwell’s South Charleston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Charleston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South Charleston 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 South Charleston, Ohio
Property taxes in South Charleston, Ohio, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in South Charleston is 1.40%, significantly higher than the U.S. national median of 0.99%. Local government entities within South Charleston set these rates annually, and they can vary across different neighborhoods. Each year, South Charleston estimates the 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 South Charleston's effective property tax rate to other areas within Clark County and the national median. For comparison, the highest median property tax rate in the region is also 1.40%, found in the zip code 45368, which is the same as South Charleston's rate. Understanding how these areas compare with South Charleston provides valuable insights into the varying tax landscape across Clark County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average South Charleston Tax Rate
1.40%
Average Clark County Tax Rate
1.69%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Charleston, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45368 | 0.72% | 1.28% | 1.40% | 1.46% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across South Charleston, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in South Charleston, 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 Clark 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 South Charleston, 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 the area stands at $153,600, with property tax bills ranging from $1,269 at the 25th percentile to $4,251 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 45368, with a median tax bill of $2,019. Understanding these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average South Charleston Assessed Value
$153,600
Average Clark County Assessed Value
$117,390
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across South Charleston, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45368 | $70,352 | $99,245 | $153,600 | $215,670 | $294,840 |
Source: Ownwell
Property Tax Bills Across South Charleston, Ohio
In South Charleston, property tax bills are calculated based on the assessed value of your home, which is determined by the Clark County Assessor. This assessed value is then multiplied by the local tax rate to determine your annual tax bill. For example, with a median home price of $153,600, homeowners can expect a tax bill within a range, with the 25th percentile at $1,269 and the 75th percentile reaching $2,995. The highest median tax bill in the area is $2,019, which is in the 45368 zip code. Several factors influence your property tax bill, including property size, location, and any applicable exemptions. These taxes fund essential community services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, South Charleston's rates provide a benchmark for understanding local tax burdens. Homeowners should be aware of these factors as they significantly impact annual expenses and the overall cost of homeownership.
Average South Charleston Tax Bill
$2,019
Average Clark County Tax Bill
$1,871
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across South Charleston, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45368 | $700 | $1,269 | $2,019 | $2,995 | $4,251 |
Source: Ownwell