Christiansburg, Ohio Property Taxes
The median property tax rate in Christiansburg, OH is 1.36%, considerably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Christiansburg at $95,880, the typical annual property tax bill reaches $1,279, which is below the national median of $2,690. Property taxes in Christiansburg are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Christiansburg'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 Christiansburg 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
Christiansburg, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$1,304
Ownwell’s Christiansburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Christiansburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Christiansburg 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 Christiansburg, Ohio
Property taxes in Christiansburg, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Christiansburg is 1.36%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Christiansburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Christiansburg 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 Christiansburg's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45389 zip code has the highest median property tax rate of 1.36%, while the same zip code also has the lowest median tax rate of 1.36%. Understanding how these cities compare with Christiansburg provides valuable insights into the varying tax landscape across Champaign County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Christiansburg Tax Rate
1.36%
Average Champaign County Tax Rate
1.33%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Christiansburg, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45389 | 1.00% | 1.34% | 1.36% | 1.39% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Christiansburg, Ohio
In Christiansburg, 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 Champaign 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 Christiansburg, 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 Christiansburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the highest median tax bill in the area is $1,279 in zip code 45389, while the lowest is also $1,279 in the same zip code.
Average Christiansburg Assessed Value
$95,880
Average Champaign County Assessed Value
$139,430
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Christiansburg, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45389 | $17,436 | $61,612 | $95,880 | $124,392 | $156,800 |
Source: Ownwell
Property Tax Bills Across Christiansburg, Ohio
In Christiansburg, Champaign County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Various factors influence the assessed value, including the property's size, location, and condition. For instance, the median home price in Christiansburg is $95,880. Homeowners in the 25th percentile can expect a tax bill around $850, while those in the 75th percentile might see bills closer to $1,659. At the higher end, the 90th percentile tax bill reaches approximately $2,066. These property taxes fund essential services like public schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Compared to the national median property tax rate of 0.99%, the property taxes in Christiansburg can vary significantly, influencing homeowners' financial planning and long-term investment in their properties.
Average Christiansburg Tax Bill
$1,279
Average Champaign County Tax Bill
$1,926
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Christiansburg, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45389 | $256 | $850 | $1,279 | $1,659 | $2,066 |
Source: Ownwell