Christiansburg, Ohio Property Taxes
The median property tax rate in Christiansburg, OH is 2.81%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Christiansburg at $135,000, the typical annual property tax bill reaches $3,795, significantly exceeding the national median of $2,690. Property taxes in Christiansburg 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 Christiansburg'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 Christiansburg 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
Christiansburg, 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 Christiansburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Christiansburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Christiansburg 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 Christiansburg, Ohio
Property taxes in Christiansburg, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Christiansburg is 1.25%, higher than both the Ohio state median of 1.36% and the U.S. national median of 0.99%. Local government entities within Christiansburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Christiansburg 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 Christiansburg's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45389 zip code has the highest median property tax rate of 1.25%, while the same zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with Christiansburg provides valuable insights into the varying tax landscape across Montgomery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Christiansburg Tax Rate
2.81%
Average Montgomery County Tax Rate
2.62%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Christiansburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45389 | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% |
Source: Ownwell
Property Tax Assessment Values Across Christiansburg, Ohio
In Christiansburg, 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 local 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 Christiansburg, 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 Christiansburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area, both at $3,795, are found in the 45389 zip code.
Average Christiansburg Assessed Value
$135,000
Average Montgomery County Assessed Value
$98,910
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Christiansburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45389 | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 |
Source: Ownwell
Property Tax Bills Across Christiansburg, Ohio
In Christiansburg, 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 tax bill. The median home price in Christiansburg is $135,000, and homeowners can expect a median tax bill of $3,795, which is significantly higher than the national median property tax rate of 0.99%. Several factors influence the tax bill, including property improvements, changes in market value, and local tax levies for services like schools, infrastructure, and emergency services. For homeowners, this means that any increase in the assessed value or tax rate directly impacts their annual tax bill. Understanding these factors can help homeowners anticipate changes in their property taxes and plan their finances accordingly. In Christiansburg, the uniformity of the tax bill across percentiles indicates a stable tax environment for residents.
Average Christiansburg Tax Bill
$3,795
Average Montgomery County Tax Bill
$2,435
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Christiansburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45389 | $3,795 | $3,795 | $3,795 | $3,795 | $3,795 |
Source: Ownwell