Gallipolis, Ohio Property Taxes
The median property tax rate in Gallipolis, OH is 1.29%, which is notably higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $87,050 in Gallipolis, the typical annual property tax bill amounts to $1,120, falling below the national median of $2,690. Property taxes in Gallipolis are determined based on the tax assessed value, which often comes in lower than the market value due to various exemptions such as those for primary residences and agricultural properties. By comprehending Gallipolis's property tax system, exploring the available exemptions, and pinpointing opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're residing in the heart of Gallipolis or in another part of Gallia County, gaining insight into the local property tax system is advantageous for both current homeowners and prospective buyers.
Last Updated June 14, 2024
Gallipolis, 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 Gallipolis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gallipolis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gallipolis 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 Gallipolis, Ohio
Property taxes in Gallipolis, Ohio, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Gallipolis is 1.29%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Gallipolis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gallipolis 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 Gallipolis's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 45631 has both the highest and lowest median property tax rate of 1.29%. Understanding how these cities compare with Gallipolis provides valuable insights into the varying tax landscape across Gallia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gallipolis Tax Rate
1.29%
Average Gallia County Tax Rate
1.29%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gallipolis, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45631 | 0.92% | 1.23% | 1.29% | 1.32% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Gallipolis, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Gallipolis, Ohio. 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 local 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 Gallipolis, 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. The median home price in Gallipolis is $87,050, with tax bills ranging from $641 at the 25th percentile to $2,885 at the 90th percentile. The zip code 45631 has the highest and lowest median tax bill at $1,120. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Gallipolis Assessed Value
$87,050
Average Gallia County Assessed Value
$83,280
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gallipolis, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45631 | $20,048 | $48,918 | $87,050 | $132,882 | $209,173 |
Source: Ownwell
Property Tax Bills Across Gallipolis, Ohio
In Gallipolis, located in Gallia County, OH, property tax bills are calculated based on the assessed value of a home. The median home price in Gallipolis is $87,050, which serves as a starting point for determining property taxes. The assessed value is then multiplied by the local tax rate to calculate the tax bill. Factors such as property location, improvements, and market conditions can influence the assessed value, resulting in variations in tax bills. For homeowners, this means that their annual tax bill can vary significantly. In Gallipolis, the 25th percentile tax bill is $641, while the 75th percentile reaches $1,764. At the 90th percentile, some homeowners may pay as much as $2,885 annually. These figures highlight the range of property tax burdens within the city. Comparatively, the national median property tax rate is 0.99%, indicating that local rates and assessed values can significantly impact what homeowners owe each year. This variability underscores the importance of understanding how property taxes are calculated and managed in Gallipolis.
Average Gallipolis Tax Bill
$1,120
Average Gallia County Tax Bill
$1,068
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Gallipolis, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45631 | $257 | $641 | $1,120 | $1,764 | $2,885 |
Source: Ownwell