Clarksville, Ohio Property Taxes
The median property tax rate in Clarksville, Ohio is 1.49%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Clarksville at $124,750, the typical annual property tax bill reaches $1,994, which is below the national median of $2,690. Property taxes in Clarksville 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 Clarksville'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 Clarksville 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
Clarksville, 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 Clarksville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clarksville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clarksville 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 Clarksville, Ohio
Property taxes in Clarksville, Ohio, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarksville is 1.49%, significantly higher than the U.S. national median of 0.99%. Local government entities within Clarksville set these rates annually, and they can vary across different neighborhoods. Each year, Clarksville 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 Clarksville's effective property tax rate to other areas in Clinton County and the national median. For comparison, the zip code 45113 has the highest median property tax rate of 1.49%, while the same zip code also has the lowest median tax rate of 1.49%. Understanding how these figures compare with Clarksville provides valuable insights into the varying tax landscape across Clinton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarksville Tax Rate
1.49%
Average Clinton County Tax Rate
1.56%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarksville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45113 | 1.22% | 1.35% | 1.49% | 1.75% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Clarksville, Ohio
In Clarksville, 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 Clinton 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 Clarksville, 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 Clarksville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in the area is $1994 in zip code 45113, while the lowest is also $1994 in the same zip code.
Average Clarksville Assessed Value
$124,750
Average Clinton County Assessed Value
$106,220
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarksville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45113 | $18,496 | $68,905 | $124,750 | $227,370 | $292,772 |
Source: Ownwell
Property Tax Bills Across Clarksville, Ohio
In Clarksville, located in Clinton County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value typically reflects a percentage of the property's market value. For instance, with a median home price of $124,750, the tax bill can vary significantly depending on the property's assessed value and the local tax rate. Factors such as property improvements, neighborhood developments, and overall market conditions can influence this assessed value. Homeowners in Clarksville experience a range of property tax bills. For example, the 25th percentile tax bill is about $1,044, while the 75th percentile tax bill is approximately $3,236. Those in the 90th percentile might see bills as high as $4,111. This variability shows how different factors can impact the final tax amount. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners to understand how local rates and property values affect their annual tax obligations.
Average Clarksville Tax Bill
$1,994
Average Clinton County Tax Bill
$1,728
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarksville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45113 | $379 | $1,044 | $1,994 | $3,236 | $4,111 |
Source: Ownwell