Pleasantville, Ohio Property Taxes
The median property tax rate in Pleasantville, OH is 1.35%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Pleasantville at $153,600, the typical annual property tax bill reaches $2,016, exceeding the national median of $2,690. Property taxes in Pleasantville 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 Pleasantville'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 Pleasantville 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
Pleasantville, 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 Pleasantville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to easily estimate their annual property taxes in Pleasantville with just two simple data points. By entering your property's estimated assessed value, the calculator uses Pleasantville's median tax rate to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available further down the page. Your property’s assessed value is determined by Fairfield County for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Pleasantville, Ohio
Property taxes in Pleasantville, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasantville is 1.35%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Pleasantville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasantville 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 Pleasantville's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43148 zip code has the highest median property tax rate of 1.35%, while the 43148 zip code has the lowest median tax rate of 1.35%. Understanding how these cities compare with Pleasantville provides valuable insights into the varying tax landscape across Fairfield County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasantville Tax Rate
1.35%
Average Fairfield County Tax Rate
1.37%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasantville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43148 | 1.13% | 1.28% | 1.35% | 1.42% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Pleasantville, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Pleasantville, 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 Fairfield 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 Pleasantville, 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. For instance, the median home price in Pleasantville is $153,600, with tax bills ranging from $1,325 at the 25th percentile to $4,914 at the 90th percentile. The highest median tax bill in the area is $2,016 in the 43148 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pleasantville Assessed Value
$153,600
Average Fairfield County Assessed Value
$224,580
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pleasantville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43148 | $48,951 | $101,965 | $153,600 | $257,610 | $387,196 |
Source: Ownwell
Property Tax Bills Across Pleasantville, Ohio
In Pleasantville, Fairfield 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 typically a percentage of the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For example, with a median home price of $153,600, homeowners can expect varying tax bills depending on their property's assessment and the applicable tax rate. Factors influencing the tax bill include property size, location, and any applicable exemptions or deductions. In Pleasantville, tax bills range significantly, with the 25th percentile at $1,325 and the 75th percentile at $3,434, reflecting the diversity in property values and assessments within the area. The highest median tax bill in the region is $2,016, found in the 43148 zip code. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting homeowners by supporting community amenities and overall quality of life.
Average Pleasantville Tax Bill
$2,016
Average Fairfield County Tax Bill
$2,962
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasantville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43148 | $597 | $1,325 | $2,016 | $3,434 | $4,914 |
Source: Ownwell