Whitehall, Ohio Property Taxes
The median property tax rate in Whitehall, OH is 2.05%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Whitehall at $95,300, the typical annual property tax bill reaches $1,970, which is still below the national median of $2,690. Property taxes in Whitehall are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Whitehall'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 Whitehall or another part of Franklin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Whitehall, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.05%
Estimate Property Tax Bill
$1,954
Ownwell’s Whitehall Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whitehall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whitehall 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 Whitehall, Ohio
Property taxes in Whitehall, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Whitehall is 2.05%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Whitehall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Whitehall 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 Whitehall's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43213 zip code has the highest median property tax rate of 2.05%, while the same zip code also has the lowest median tax rate of 2.05%. Understanding how these areas compare with Whitehall provides valuable insights into the varying tax landscape across Franklin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Whitehall Tax Rate
2.05%
Average Franklin County Tax Rate
2.10%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Whitehall, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43213 | 2.05% | 2.05% | 2.05% | 2.12% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Whitehall, Ohio
In Whitehall, 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 Franklin 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 Whitehall, 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 Whitehall is $95,300, with annual tax bills ranging from $1,926 at the 25th percentile to $2,072 at the 90th percentile. The highest and lowest median tax bills are both $1,970, found in the 43213 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 in Whitehall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Whitehall Assessed Value
$95,300
Average Franklin County Assessed Value
$168,000
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Whitehall, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43213 | $92,580 | $93,600 | $95,300 | $95,750 | $96,020 |
Source: Ownwell
Property Tax Bills Across Whitehall, Ohio
In Whitehall, located in Franklin 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 of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. Several factors influence the tax bill, including the property's location, its assessed value, and the specific tax rates set by local authorities. For instance, the median home price in Whitehall is $95,300. Homeowners in the 25th percentile pay around $1,926 annually, while those in the 75th percentile pay approximately $2,034. The 90th percentile sees tax bills as high as $2,072. These property taxes fund essential community services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Whitehall homeowners experience a relatively higher tax burden, impacting their overall cost of living.
Average Whitehall Tax Bill
$1,970
Average Franklin County Tax Bill
$3,472
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Whitehall, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43213 | $1,900 | $1,926 | $1,970 | $2,034 | $2,072 |
Source: Ownwell