Deersville, Ohio Property Taxes
The median property tax rate in Deersville, OH is 1.33%, which is higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $40,510 in Deersville, the typical annual property tax bill is $518, significantly below the national median of $2,690. Property taxes in Deersville are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Deersville'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 Deersville or another part of Harrison County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Deersville, 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 Deersville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Deersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Deersville 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 Deersville, Ohio
Property taxes in Deersville, Ohio, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Deersville is 1.33%, which is significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Deersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Deersville 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 Deersville's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 44693 has the highest median property tax rate of 1.33%, while the same zip code also has the lowest median tax rate of 1.33%. Understanding how these cities compare with Deersville provides valuable insights into the varying tax landscape across Harrison County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Deersville Tax Rate
1.33%
Average Harrison County Tax Rate
1.35%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deersville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44693 | 1.29% | 1.32% | 1.33% | 1.34% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Deersville, Ohio
In Deersville, 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 Harrison 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 Deersville, 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 Deersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 44693 has the highest and lowest median tax bill, both at $518.
Average Deersville Assessed Value
$40,510
Average Harrison County Assessed Value
$63,430
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Deersville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44693 | $7,582 | $22,110 | $40,510 | $59,490 | $82,598 |
Source: Ownwell
Property Tax Bills Across Deersville, Ohio
In Deersville, property tax bills are calculated based on the assessed value of the home, which is determined by the Harrison County assessor. The assessed value is a percentage of the home's market value. Property tax rates in Deersville are influenced by various factors, including the local government's budgetary needs and the value of properties within the area. For homeowners in Deersville, the median home price stands at $40,510. The property tax bill can vary significantly, with the 25th percentile paying around $264, while those in the 75th percentile pay approximately $773. At the 90th percentile, homeowners may see tax bills as high as $1,309. The median property tax rate in Deersville is quite close to the national median of 0.99%, providing a benchmark for comparison. These property taxes fund essential public services such as schools, emergency services, and infrastructure, significantly impacting homeowners by contributing to the community's overall quality of life.
Average Deersville Tax Bill
$518
Average Harrison County Tax Bill
$839
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Deersville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44693 | $100 | $264 | $518 | $773 | $1,309 |
Source: Ownwell