East Liverpool, Ohio Property Taxes
The median property tax rate in East Liverpool, OH is 1.44%, which is significantly higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $64,050 in East Liverpool, the typical annual property tax bill is approximately $868, falling well below the national median of $2,690. Property taxes in East Liverpool are calculated based on the tax assessed value, which often lies below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding East Liverpool's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of East Liverpool or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
East Liverpool, 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 East Liverpool Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in East Liverpool. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in East Liverpool to provide an estimate of your property tax bill. This valuable resource helps you understand your potential tax liabilities with ease. For those interested in more localized trends, additional neighborhood-level information is available below. Your property’s assessed value is determined by Columbiana County for tax calculations and considers any applicable exemptions.
Property Tax Rates Across East Liverpool, Ohio
Property taxes in East Liverpool, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Liverpool is 1.44%, which is higher than the U.S. national median of 0.99%. Local government entities within East Liverpool set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Liverpool 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 East Liverpool's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 43920 has the highest median property tax rate of 1.44%, while the same zip code also has the lowest median tax rate of 1.44%. Understanding how these cities compare with East Liverpool provides valuable insights into the varying tax landscape across Columbiana County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average East Liverpool Tax Rate
1.44%
Average Columbiana County Tax Rate
1.27%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Liverpool, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43920 | 1.09% | 1.41% | 1.44% | 1.47% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across East Liverpool, Ohio
In East Liverpool, 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 Columbiana 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 East Liverpool, 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 here is $64,050, with tax bills ranging from $427 at the 25th percentile to $2,502 at the 90th percentile. Notably, the zip code 43920 has both the highest and lowest median tax bills, each at $868. By understanding 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 East Liverpool helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average East Liverpool Assessed Value
$64,050
Average Columbiana County Assessed Value
$95,700
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across East Liverpool, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43920 | $14,500 | $31,900 | $64,050 | $121,100 | $180,500 |
Source: Ownwell
Property Tax Bills Across East Liverpool, Ohio
In East Liverpool, located in Columbiana County, OH, property tax bills are determined by assessing the market value of a property and applying the local tax rate. The median home price in this area is $64,050. Homeowners can expect their property tax bills to vary significantly depending on the assessed value of their homes and the specific tax rates applied by local authorities. For example, the tax bill at the 25th percentile is around $427, while at the 75th percentile, it rises to $1,652. The 90th percentile sees tax bills reaching up to $2,502. The highest and lowest median tax bills in the area are both $868, indicating a consistent rate within the zip code 43920. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. When compared to the national median property tax rate of 0.99%, East Liverpool's rates reflect the economic conditions and public service needs of the community.
Average East Liverpool Tax Bill
$868
Average Columbiana County Tax Bill
$1,157
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across East Liverpool, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43920 | $171 | $427 | $868 | $1,652 | $2,502 |
Source: Ownwell