Crestline, Ohio Property Taxes
The median property tax rate in Crestline, OH is 1.91%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Crestline, the typical annual property tax bill reaches $1,183, exceeding the national median of $2,690. Property taxes in Crestline 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 Crestline'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 Crestline 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
Crestline, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.91%
Estimate Property Tax Bill
$1,318
Ownwell’s Crestline Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crestline with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crestline 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 Crestline, Ohio
Property taxes in Crestline, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Crestline is 1.91%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Crestline set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crestline 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 Crestline's effective property tax rate to other areas in Ohio and the national median. For comparison, the zip code 44827 has the highest median property tax rate of 1.91%, while the same zip code also has the lowest median tax rate of 1.91%. Understanding how these cities compare with Crestline provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crestline Tax Rate
1.91%
Average Crawford County Tax Rate
1.54%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crestline, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44827 | 1.15% | 1.46% | 1.91% | 1.96% | 1.96% |
Source: Ownwell
Property Tax Assessment Values Across Crestline, Ohio
In Crestline, Ohio, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value reflects 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 Crawford 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 Crestline, 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 Crestline helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Crestline is $69,020, with the highest median tax bill in zip code 44827 at $1,183 and the lowest median tax bill also in zip code 44827 at $1,183.
Average Crestline Assessed Value
$69,020
Average Crawford County Assessed Value
$73,770
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crestline, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44827 | $21,196 | $41,770 | $69,020 | $100,185 | $152,680 |
Source: Ownwell
Property Tax Bills Across Crestline, Ohio
In Crestline, located in Crawford County, OH, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in Crestline is $69,020. Homeowners in this area typically see property tax bills ranging from $684 at the 25th percentile to $1,681 at the 75th percentile, with the 90th percentile reaching up to $2,424. Several factors influence the property tax bill, including the home's assessed value, local tax rates, and any applicable exemptions or deductions. The local tax rate in Crestline is compared to the national median property tax rate of 0.99% to highlight the impact on homeowners. For instance, the median tax bill in Crestline is $1,183, which is indicative of the financial responsibility homeowners face. Understanding these factors helps residents anticipate their property tax obligations and manage their finances accordingly.
Average Crestline Tax Bill
$1,183
Average Crawford County Tax Bill
$1,141
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Crestline, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44827 | $332 | $684 | $1,183 | $1,681 | $2,424 |
Source: Ownwell