Delta, Ohio Property Taxes
The median property tax rate in Delta, Ohio is 1.96%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Delta, the typical annual property tax bill reaches $2,327, slightly below the national median of $2,690. Property taxes in Delta 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 Delta'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 Delta 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
Delta, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.96%
Estimate Property Tax Bill
$2,264
Ownwell’s Delta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Delta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Delta 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 Delta, Ohio
Property taxes in Delta, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Delta stands at 1.96%, which is significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Delta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Delta 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. Understanding how Delta's effective property tax rate compares to other areas within Fulton County and the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Delta Tax Rate
1.96%
Average Fulton County Tax Rate
1.94%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Delta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43515 | 1.60% | 1.75% | 1.96% | 2.08% | 2.13% |
Source: Ownwell
Property Tax Assessment Values Across Delta, Ohio
In Delta, 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 Fulton 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 Delta, 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 Delta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Delta is $2327.00, found in zip code 43515, which also has the lowest median tax bill at $2327.00.
Average Delta Assessed Value
$115,500
Average Fulton County Assessed Value
$117,800
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Delta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43515 | $16,000 | $85,200 | $115,500 | $161,025 | $215,800 |
Source: Ownwell
Property Tax Bills Across Delta, Ohio
In Delta, located in Fulton County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Delta is $115,500. To determine the tax bill, this assessed value is multiplied by the local tax rate. For homeowners in Delta, property tax bills can vary significantly. The 25th percentile tax bill is $1,755, while the 75th percentile tax bill is $3,195, and the 90th percentile tax bill reaches up to $4,183. These variations are influenced by factors such as property location, home improvements, and local tax levies. Compared to the national median property tax rate of 0.99%, Delta's tax bills reflect the specific economic and policy conditions of the region. Homeowners should be aware that these taxes fund essential public services, including schools, infrastructure, and emergency services, directly impacting community quality of life. Understanding these factors can help homeowners better anticipate and plan for their annual property tax obligations.
Average Delta Tax Bill
$2,327
Average Fulton County Tax Bill
$2,396
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Delta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43515 | $1,151 | $1,755 | $2,327 | $3,195 | $4,183 |
Source: Ownwell