Evansport, Ohio Property Taxes
The median property tax rate in Evansport, OH is 1.28%, which is significantly higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Evansport at $71,830, the typical annual property tax bill amounts to $893, falling below the national median of $2,690. Property taxes in Evansport are calculated based on the tax assessed value, often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Gaining a thorough understanding of Evansport's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Evansport 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
Evansport, 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 Evansport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Evansport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Evansport 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 Evansport, Ohio
Property taxes in Evansport, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Evansport is 1.28%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Evansport set these rates annually, and they can vary across different neighborhoods. Each year, Evansport 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 Evansport's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43519 zip code has both the highest and lowest median property tax rate of 1.28%. Understanding how these areas compare with Evansport provides valuable insights into the varying tax landscape across Defiance County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Evansport Tax Rate
1.28%
Average Defiance County Tax Rate
1.30%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Evansport, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43519 | 0.87% | 1.25% | 1.28% | 1.28% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Evansport, Ohio
In Evansport, 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 Defiance 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 Evansport, 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 Evansport helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Defiance County, the highest median tax bill is found in zip code 43519 at $891.00, while the lowest median tax bill is also in zip code 43519 at $891.00. The 25th percentile tax bill is $282, while the 75th percentile tax bill is $1,180, and the 90th percentile tax bill is $1,557.
Average Evansport Assessed Value
$71,830
Average Defiance County Assessed Value
$127,250
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Evansport, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43519 | $3,311 | $22,738 | $71,690 | $93,965 | $121,097 |
Source: Ownwell
Property Tax Bills Across Evansport, Ohio
In Evansport, located in Defiance County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value. Homeowners in Evansport typically see a median property tax rate that aligns closely with the national median of 0.99%. For instance, with a median home price of $71,830, property tax bills can vary significantly. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. In this region, the 25th percentile tax bill is around $282, while the 75th percentile reaches $1,180, and the 90th percentile can go up to $1,557. Such variability in tax bills affects homeowners differently, impacting their annual financial planning and overall cost of homeownership. For those living in the 43519 zip code, the median tax bill stands at $891, indicating a balanced approach to property taxation within the community.
Average Evansport Tax Bill
$893
Average Defiance County Tax Bill
$1,657
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Evansport, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43519 | $69 | $280 | $891 | $1,164 | $1,557 |
Source: Ownwell