Amesville, Ohio Property Taxes
The median property tax rate in Amesville, OH is 1.74%, which is considerably higher than the national median of 0.99% but slightly lower than the Ohio state median of 1.80%. With the median home value in Amesville at $62,400, the typical annual property tax bill reaches $1,011, still below the national median of $2,690. Property taxes in Amesville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Amesville'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 Amesville 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
Amesville, 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 Amesville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Amesville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amesville 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 Amesville, Ohio
Property taxes in Amesville, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Amesville is 1.74%, which is significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Amesville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Amesville 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 Amesville's effective property tax rate to other areas in Ohio and the national median. For comparison, the zip code 45711 has both the highest and lowest median property tax rate of 1.74%. Understanding how these areas compare with Amesville provides valuable insights into the varying tax landscape across Athens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amesville Tax Rate
1.74%
Average Athens County Tax Rate
1.77%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amesville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45711 | 1.04% | 1.61% | 1.74% | 2.11% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Amesville, Ohio
In Amesville, 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 Athens 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 Amesville, 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. The highest median tax bill in Amesville is $1011, found in zip code 45711, while the lowest median tax bill is also $1011 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Amesville Assessed Value
$62,400
Average Athens County Assessed Value
$88,765
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Amesville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45711 | $8,600 | $34,800 | $62,400 | $92,165 | $138,850 |
Source: Ownwell
Property Tax Bills Across Amesville, Ohio
In Amesville, Athens County, OH, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The local tax rate is applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $62,400, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Factors such as property location, size, and improvements play a significant role in determining the assessed value. Tax bills in Amesville range significantly, with the 25th percentile at $496, the 75th percentile at $1,679, and the 90th percentile reaching up to $2,381. Comparatively, the national median property tax rate is 0.99%, highlighting how local rates can impact homeowners differently. For residents of Amesville, understanding these factors is crucial for financial planning and anticipating annual property tax obligations. This variability in tax bills underscores the importance of accurate property assessments and awareness of local tax rates.
Average Amesville Tax Bill
$1,011
Average Athens County Tax Bill
$1,453
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Amesville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45711 | $141 | $496 | $1,011 | $1,679 | $2,381 |
Source: Ownwell