Wintersville, Ohio Property Taxes
The median property tax rate in Wintersville, OH is 2.59%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Wintersville, the typical annual property tax bill reaches $3,088, exceeding the national median of $2,690. Property taxes in Wintersville 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 Wintersville'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 Wintersville 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
Wintersville, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.59%
Estimate Property Tax Bill
$3,084
Ownwell’s Wintersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wintersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wintersville 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 Wintersville, Ohio
Property taxes in Wintersville, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wintersville is 2.59%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Wintersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wintersville 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 Wintersville's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43953 zip code has the highest median property tax rate of 2.59%, while the 43952 zip code has the lowest median tax rate of 2.19%. Understanding how these cities compare with Wintersville provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wintersville Tax Rate
2.59%
Average Jefferson County Tax Rate
2.19%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wintersville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43952 | 2.19% | 2.19% | 2.19% | 2.47% | 2.63% |
| 43953 | 2.59% | 2.59% | 2.59% | 2.73% | 2.73% |
Source: Ownwell
Property Tax Assessment Values Across Wintersville, Ohio
In Wintersville, 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 Jefferson County Auditor 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 Wintersville, 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. For instance, the median home price in Wintersville is $119,080, with the highest median tax bill in zip code 43953 at $3,096 and the lowest in zip code 43952 at $1,842. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wintersville Assessed Value
$119,080
Average Jefferson County Assessed Value
$67,215
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wintersville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43952 | $19,650 | $43,785 | $84,010 | $140,215 | $173,938 |
| 43953 | $20,760 | $92,922 | $119,355 | $159,070 | $179,545 |
Source: Ownwell
Property Tax Bills Across Wintersville, Ohio
In Wintersville, located in Jefferson County, OH, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. For instance, the median home price in Wintersville is $119,080. Homeowners in the 25th percentile can expect a tax bill around $2,272, while those in the 75th percentile might see a bill as high as $4,144. The 90th percentile tax bill can reach up to $4,683. Comparatively, the national median property tax rate is 0.99%, making Wintersville's rates relatively higher or lower depending on specific circumstances. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for homeowners. Understanding how these factors interplay can help homeowners better anticipate their annual property tax obligations.
Average Wintersville Tax Bill
$3,088
Average Jefferson County Tax Bill
$1,517
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Wintersville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43952 | $446 | $970 | $1,842 | $3,075 | $3,814 |
| 43953 | $567 | $2,528 | $3,096 | $4,125 | $4,706 |
Source: Ownwell