Leesville, Ohio Property Taxes
The median property tax rate in Leesville, OH is 1.48%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $39,745 in Leesville, the typical annual property tax bill amounts to $474, significantly below the national median of $2,690. Property taxes in Leesville are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Leesville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to notable annual savings. Whether you're in the heart of Leesville or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Leesville, 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 Leesville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Leesville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Leesville 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 Leesville, Ohio
Property taxes in Leesville, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Leesville is 1.48%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Leesville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Leesville 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 Leesville's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 44639 has the highest median property tax rate of 1.48%, while the same zip code also has the lowest median tax rate of 1.48%. Understanding how these cities compare with Leesville provides valuable insights into the varying tax landscape across Carroll County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Leesville Tax Rate
1.48%
Average Carroll County Tax Rate
1.41%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leesville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44639 | 0.88% | 1.23% | 1.48% | 1.50% | 1.62% |
Source: Ownwell
Property Tax Assessment Values Across Leesville, Ohio
In Leesville, 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 Carroll 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. 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 Leesville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill in Leesville is 44639, with a median tax bill of $474.
Average Leesville Assessed Value
$39,745
Average Carroll County Assessed Value
$85,895
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Leesville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44639 | $5,000 | $12,388 | $39,745 | $57,148 | $83,505 |
Source: Ownwell
Property Tax Bills Across Leesville, Ohio
In Leesville, Carroll County, OH, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the market value of the home. For example, a median home price in Leesville is $39,745, and the property tax rate is applied to this assessed value. Homeowners in Leesville may see a range of property tax bills. For instance, the 25th percentile tax bill is around $185, while the 75th percentile reaches $762, and the 90th percentile can go up to $1,233. These figures illustrate how property tax bills can vary significantly depending on the assessed value of the property and applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Leesville's property taxes can be relatively low, making it an attractive location for homeowners. However, the impact on homeowners is still substantial, requiring careful financial planning to manage these annual expenses effectively.
Average Leesville Tax Bill
$474
Average Carroll County Tax Bill
$1,225
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Leesville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44639 | $63 | $185 | $474 | $762 | $1,233 |
Source: Ownwell