Guysville, Ohio Property Taxes
The median property tax rate in Guysville, OH is 1.68%, which is higher than the national median of 0.99% but slightly below the Ohio state median of 1.80%. Given the median home value in Guysville is $82,850, the typical annual property tax bill amounts to $1,327, which is below the national median of $2,690. Property taxes in Guysville are calculated based on the assessed value, which often falls below market value due to various exemptions like primary residence and agricultural exemptions. Understanding Guysville'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 Guysville or another part of Athens County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Guysville, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.68%
Estimate Property Tax Bill
$1,392
Ownwell’s Guysville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Guysville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Guysville 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 Guysville, Ohio
Property taxes in Guysville, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Guysville is 1.68%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Guysville set these rates annually, and they can vary across different neighborhoods. Each year, Guysville 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 Guysville's effective property tax rate to other areas in Ohio and the national median. For comparison, the zip code 45735 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 figures compare with Guysville 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 Guysville Tax Rate
1.68%
Average Athens County Tax Rate
1.77%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Guysville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45735 | 1.08% | 1.64% | 1.68% | 1.96% | 2.00% |
Source: Ownwell
Property Tax Assessment Values Across Guysville, Ohio
In Guysville, 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 Auditor 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 Guysville, 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. The median home price in Guysville is $82,850, with property tax bills ranging from $707 at the 25th percentile to $3,074 at the 90th percentile. The zip code 45735 has the highest and lowest median tax bill at $1,327. 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 Guysville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Guysville Assessed Value
$82,850
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 Guysville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45735 | $23,648 | $45,930 | $82,850 | $124,360 | $180,274 |
Source: Ownwell
Property Tax Bills Across Guysville, Ohio
In Guysville, Athens County, OH, property tax bills are determined by assessing the market value of a property and applying the local tax rate. The assessed value is a percentage of the market value, which is then multiplied by the tax rate to calculate the annual tax bill. For example, with a median home price of $82,850, homeowners can expect varying tax bills depending on their property's assessed value and specific circumstances. Factors influencing the tax bill include property size, location, and any applicable exemptions or deductions. For instance, tax bills in Guysville range significantly, with the 25th percentile at $707 and the 75th percentile reaching $2,077, while the 90th percentile can go up to $3,074. These variations highlight how different properties and individual assessments can impact the final tax amount. Homeowners in Guysville may find their tax bills higher or lower than the national median property tax rate of 0.99%, depending on local assessments and tax rates. This system ensures that property taxes are proportionate to the property's value, directly affecting homeowners' annual financial responsibilities.
Average Guysville Tax Bill
$1,327
Average Athens County Tax Bill
$1,453
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Guysville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45735 | $268 | $707 | $1,327 | $2,077 | $3,074 |
Source: Ownwell