Doylestown, Ohio Property Taxes
The median property tax rate in Doylestown, OH is 1.68%, which is significantly higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Doylestown at $158,535, the typical annual property tax bill amounts to $2,634, just under the national median of $2,690. Property taxes in Doylestown are determined based on the tax assessed value, which is often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. By understanding Doylestown’s property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you reside in the heart of Doylestown or another part of Wayne County, familiarizing yourself with the local property tax system is essential for maximizing financial benefits.
Last Updated June 14, 2024
Doylestown, 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 Doylestown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Doylestown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Doylestown 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 Doylestown, Ohio
Property taxes in Doylestown, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Doylestown is 1.68%, significantly higher than the U.S. national median of 0.99%. Local government entities within Doylestown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Doylestown 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 Doylestown's effective property tax rate to other areas in the region and the national median. For comparison, the zip code 44230 has the highest median property tax rate of 1.68%, while the same zip code also has the lowest median tax rate of 1.68%. Understanding how these areas compare with Doylestown provides valuable insights into the varying tax landscape across Wayne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Doylestown Tax Rate
1.68%
Average Wayne County Tax Rate
1.80%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Doylestown, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44230 | 1.44% | 1.62% | 1.68% | 1.78% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Doylestown, Ohio
In Doylestown, 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 Wayne 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 Doylestown, 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 Doylestown 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 $2,634 in the 44230 zip code, while the lowest is also $2,634 in the same zip code.
Average Doylestown Assessed Value
$158,535
Average Wayne County Assessed Value
$144,025
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Doylestown, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44230 | $82,511 | $119,280 | $158,535 | $214,625 | $292,425 |
Source: Ownwell
Property Tax Bills Across Doylestown, Ohio
In Doylestown, located in Wayne County, OH, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and is a percentage of the property's market value. Homeowners in Doylestown can expect their property tax bills to vary widely depending on the assessed value of their homes and the local tax rate. For instance, the median home price in Doylestown is $158,535. Property tax bills in the area range significantly, with the 25th percentile at $1,927 and the 75th percentile at $3,584. The 90th percentile sees even higher tax bills, reaching up to $4,713. These figures indicate that while some homeowners may pay relatively modest property taxes, others could face substantially higher bills. Comparatively, the national median property tax rate is 0.99%, which means that Doylestown's property tax rates can be relatively high for some homeowners, affecting their overall cost of living and financial planning. Understanding these factors is crucial for homeowners to manage their expenses effectively.
Average Doylestown Tax Bill
$2,634
Average Wayne County Tax Bill
$2,548
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Doylestown, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44230 | $1,310 | $1,927 | $2,634 | $3,584 | $4,713 |
Source: Ownwell