Pleasantville, Ohio Property Taxes
The median property tax rate in Pleasantville, OH is 1.43%, considerably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Pleasantville, the typical annual property tax bill reaches $2,443, which is below the national median of $2,690. Property taxes in Pleasantville 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 Pleasantville'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 Pleasantville 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
Pleasantville, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$2,295
Ownwell’s Pleasantville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pleasantville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pleasantville 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 Pleasantville, Ohio
Property taxes in Pleasantville, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasantville is 1.43%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Pleasantville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasantville 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 Pleasantville's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43148 zip code has the highest median property tax rate of 1.43%, while the 43148 zip code also has the lowest median tax rate of 1.43%. Understanding how these areas compare with Pleasantville provides valuable insights into the varying tax landscape across Perry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasantville Tax Rate
1.43%
Average Perry County Tax Rate
1.48%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasantville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43148 | 1.40% | 1.41% | 1.43% | 1.69% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Pleasantville, Ohio
In Pleasantville, 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 Perry 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 Pleasantville, 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 Pleasantville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $2,443 in zip code 43148, while the lowest median tax bill is also $2,443 in the same zip code.
Average Pleasantville Assessed Value
$160,465
Average Perry County Assessed Value
$71,105
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pleasantville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43148 | $45,751 | $73,462 | $160,465 | $222,778 | $262,111 |
Source: Ownwell
Property Tax Bills Across Pleasantville, Ohio
In Pleasantville, property tax bills are calculated based on the assessed value of a home, which is determined by the Perry County Assessor's Office. The assessed value is a percentage of the market value of the property. For example, if the median home price in Pleasantville is $160,465, the assessed value will be a fraction of this amount, typically determined by state and local guidelines. Once the assessed value is established, the local tax rate is applied. In Perry County, the median property tax bill can range significantly, with the 25th percentile at $1,137 and the 75th percentile at $3,312. These variations depend on factors such as property location, size, and any applicable exemptions. Homeowners in Pleasantville should be aware that property taxes can have a substantial impact on their annual expenses. With the highest median tax bill in the area reaching $2,443, it is essential to understand how these taxes are calculated to manage financial planning effectively. Compared to the national median property tax rate of 0.99%, Pleasantville's property taxes can be either a burden or a relief depending on individual circumstances.
Average Pleasantville Tax Bill
$2,443
Average Perry County Tax Bill
$1,003
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasantville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43148 | $603 | $1,137 | $2,443 | $3,312 | $4,172 |
Source: Ownwell