Girard, Ohio Property Taxes
The median property tax rate in Girard, OH is 1.88%, significantly higher than both the national median of 0.99% and Ohio's state median of 1.80%. With the median home value in Girard at $69,300, the typical annual property tax bill is $1,285, which is below the national median of $2,690. Property taxes in Girard are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Girard'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 Girard or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Girard, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.88%
Estimate Property Tax Bill
$1,303
Ownwell’s Girard Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Girard with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Girard 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 Girard, Ohio
Property taxes in Girard, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Girard is 1.88%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Girard set these rates annually, and they can vary significantly across different neighborhoods. Each year, Girard 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 Girard's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44420 zip code has the highest median property tax rate of 1.88%, while the 44420 zip code also has the lowest median tax rate of 1.88%. Understanding how these cities compare with Girard provides valuable insights into the varying tax landscape across Trumbull County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Girard Tax Rate
1.88%
Average Trumbull County Tax Rate
1.84%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Girard, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44420 | 1.25% | 1.83% | 1.88% | 1.98% | 2.33% |
Source: Ownwell
Property Tax Assessment Values Across Girard, Ohio
In Girard, 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 Trumbull 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 Girard, 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 Girard 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 are both $1285, found in the 44420 zip code.
Average Girard Assessed Value
$69,300
Average Trumbull County Assessed Value
$82,000
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Girard, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44420 | $23,920 | $45,700 | $69,300 | $105,100 | $168,480 |
Source: Ownwell
Property Tax Bills Across Girard, Ohio
In Girard, located in Trumbull 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 median home price in Girard stands at $69,300. Local tax rates are applied to this assessed value to determine the annual property tax bill. Factors such as property location, home improvements, and neighborhood developments can influence the assessed value. For homeowners in Girard, property tax bills can vary significantly. The 25th percentile tax bill is around $834, while the 75th percentile reaches $2,128. Those in the 90th percentile may see tax bills as high as $3,450. The median property tax bill in the 44420 zip code is $1,285, which is above the national median property tax rate of 0.99%. High property taxes can impact homeowners by increasing their annual expenses and affecting the overall affordability of homeownership in the area.
Average Girard Tax Bill
$1,285
Average Trumbull County Tax Bill
$1,518
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Girard, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44420 | $510 | $834 | $1,285 | $2,128 | $3,450 |
Source: Ownwell