Attica, Ohio Property Taxes
The median property tax rate in Attica, Ohio is 1.28%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $112,850 in Attica, the typical annual property tax bill amounts to $1,431, falling below the national median of $2,690. Property taxes in Attica are calculated based on the assessed value, which is generally lower than the market value due to various exemptions like primary residence and agricultural exemptions. Gaining a comprehensive understanding of Attica'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 Attica or another part of the county, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Attica, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$1,444
Ownwell’s Attica Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Attica with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Attica 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 Attica, Ohio
Property taxes in Attica, Ohio, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Attica is 1.28%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Attica set these rates annually, and they can vary significantly across different neighborhoods. Each year, Attica 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 for setting property tax rates. The data below compares Attica's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 44807 has both the highest and lowest median property tax rate of 1.28%. Understanding how these cities compare with Attica provides valuable insights into the varying tax landscape across Huron County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Attica Tax Rate
1.28%
Average Huron County Tax Rate
1.36%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Attica, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44807 | 1.04% | 1.25% | 1.28% | 1.35% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Attica, Ohio
In Attica, 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 Huron 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 Attica, 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. The median home price in Attica is $112,850, with tax bills ranging from $1,092 at the 25th percentile to $3,119 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 44807, at $1,431. Being aware of these valuation processes in Attica helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Attica Assessed Value
$112,850
Average Huron County Assessed Value
$102,520
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Attica, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44807 | $46,320 | $90,510 | $112,850 | $168,210 | $227,560 |
Source: Ownwell
Property Tax Bills Across Attica, Ohio
In Attica, located in Huron County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the property's market value. The tax rate, applied to this assessed value, is set by local taxing authorities and can vary based on the needs of the community. Several factors influence the final tax bill, including property improvements, market trends, and local government budgets. For example, the median home price in Attica is $112,850, and property owners in the 25th percentile can expect a tax bill around $1,092, while those in the 75th percentile may see bills closer to $2,279. At the 90th percentile, tax bills can reach approximately $3,119. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure. For homeowners, understanding how these taxes are calculated can help in financial planning and ensuring they are not overpaying.
Average Attica Tax Bill
$1,431
Average Huron County Tax Bill
$1,432
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Attica, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44807 | $637 | $1,092 | $1,431 | $2,279 | $3,119 |
Source: Ownwell