Paris, Ohio Property Taxes
The median property tax rate in Paris, OH is 1.55%, which is notably higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $132,000 in Paris, the typical annual property tax bill comes to $505, significantly below the national median of $2,690. Property taxes in Paris are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Paris's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Paris or another part of the city, grasping the local property tax system benefits both homeowners and real estate investors.
Last Updated June 14, 2024
Paris, 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 Paris Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Paris with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Paris 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 Paris, Ohio
Property taxes in Paris, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Paris is 1.55%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Paris set these rates annually, and they can vary significantly across different neighborhoods. Each year, Paris 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 Paris's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 44669 has the highest median property tax rate of 1.55%, while the same zip code also has the lowest median tax rate of 1.55%. Understanding how these cities compare with Paris provides valuable insights into the varying tax landscape across Stark County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Paris Tax Rate
1.55%
Average Stark County Tax Rate
1.67%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Paris, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44669 | 0.82% | 0.98% | 1.55% | 1.73% | 2.34% |
Source: Ownwell
Property Tax Assessment Values Across Paris, Ohio
In Paris, 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 Stark 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 Paris, 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 Paris helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 44669 at $505, while the lowest is also 44669 at $505.
Average Paris Assessed Value
$132,000
Average Stark County Assessed Value
$128,500
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Paris, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44669 | $32,530 | $84,375 | $132,000 | $185,550 | $267,910 |
Source: Ownwell
Property Tax Bills Across Paris, Ohio
In Paris, located in Stark County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, with a median home price of $132,000, the property tax rate is applied to determine the annual tax bill. The tax rate in this area is influenced by local government budgets and the need to fund public services such as schools, infrastructure, and emergency services. Homeowners in Paris experience varying tax bills, with the 25th percentile paying around $223, while those in the 75th percentile pay approximately $814. The highest tax bills, reaching the 90th percentile, can be as much as $1,579. This range illustrates the impact of differing property values and specific tax rates within Stark County. Comparing this to the national median property tax rate of 0.99%, Paris homeowners may find their rates either comparable or slightly lower, depending on their specific property assessments. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Paris Tax Bill
$505
Average Stark County Tax Bill
$801
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Paris, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44669 | $73 | $223 | $505 | $814 | $1,579 |
Source: Ownwell