Sandusky, Ohio Property Taxes
The median property tax rate in Sandusky, OH is 1.79%, which, while lower than the Ohio state median of 1.80%, is still significantly higher than the national median of 0.99%. With a median home value of $94,250 in Sandusky, the typical annual property tax bill amounts to $1,629, which is below the national median of $2,690. Property taxes in Sandusky are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sandusky'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 Sandusky 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
Sandusky, 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 Sandusky Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Sandusky with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Sandusky to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in seeing trends on a neighborhood level, more localized information is available below. Your property’s assessed value is the value assigned by Erie County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Sandusky, Ohio
Property taxes in Sandusky, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sandusky is 1.79%, significantly higher than the U.S. national median of 0.99%. Local government entities within Sandusky set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sandusky 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 Sandusky's effective property tax rate to other areas in Erie County and the national median. For comparison, the 44870 zip code has the highest median property tax rate of 1.79%, while the 44824 zip code has the lowest median tax rate of 1.55%. Understanding how these areas compare with Sandusky provides valuable insights into the varying tax landscape across Erie County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sandusky Tax Rate
1.79%
Average Erie County Tax Rate
1.63%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sandusky, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44824 | 1.55% | 1.55% | 1.55% | 1.55% | 1.55% |
| 44870 | 1.35% | 1.74% | 1.79% | 1.88% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Sandusky, Ohio
In Sandusky, 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 Erie County Auditor 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 Sandusky, 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. For instance, the highest median tax bill in the area is $1,630 in the 44870 zip code, while the lowest is $786 in the 44824 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sandusky Assessed Value
$94,250
Average Erie County Assessed Value
$126,310
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sandusky, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44824 | $50,670 | $50,670 | $50,670 | $50,670 | $50,670 |
| 44870 | $37,636 | $57,470 | $94,255 | $155,175 | $240,322 |
Source: Ownwell
Property Tax Bills Across Sandusky, Ohio
In Sandusky, located in Erie County, OH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and represents a percentage of the property's market value. Factors such as the property's size, location, and condition play a significant role in this valuation. Homeowners in Sandusky can expect varying tax bills depending on these factors. For instance, the median home price in Sandusky is $94,250. Tax bills can range widely, with the 25th percentile at $958 and the 75th percentile reaching $2,808. The highest median tax bill in the area is $1,630 in the 44870 zip code, while the lowest is $786 in the 44824 zip code. These property taxes fund essential services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Sandusky's rates reflect the local economic conditions and public service needs, impacting homeowners' annual financial planning.
Average Sandusky Tax Bill
$1,629
Average Erie County Tax Bill
$2,003
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Sandusky, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44824 | $786 | $786 | $786 | $786 | $786 |
| 44870 | $588 | $958 | $1,630 | $2,808 | $4,377 |
Source: Ownwell