Pleasant City, Ohio Property Taxes
The median property tax rate in Pleasant City, OH is 1.49%, higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Pleasant City at $43,380, the typical annual property tax bill amounts to $616, which is below the national median of $2,690. Property taxes in Pleasant City are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as the primary residence and agricultural exemptions. Understanding Pleasant City'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 Pleasant City or another part of Guernsey County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pleasant City, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.49%
Estimate Property Tax Bill
$646
Ownwell’s Pleasant City Property Tax Bill Calculator offers homeowners, real estate investors, and potential buyers a quick way to estimate their annual property taxes in Pleasant City. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Pleasant City to provide an estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities with ease. For those interested in more detailed trends at the neighborhood level, additional localized information is available. Your property’s assessed value, determined by the county, forms the basis for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Pleasant City, Ohio
Property taxes in Pleasant City, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasant City is 1.49%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Pleasant City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasant City 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 Pleasant City's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43772 zip code 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 cities compare with Pleasant City provides valuable insights into the varying tax landscape across Guernsey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasant City Tax Rate
1.49%
Average Guernsey County Tax Rate
1.49%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasant City, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43772 | 1.21% | 1.44% | 1.49% | 1.74% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Pleasant City, Ohio
In Pleasant City, 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 Guernsey 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 Pleasant City, 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 Pleasant City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the region is $616 in zip code 43772, while the lowest median tax bill is also $616 in the same zip code.
Average Pleasant City Assessed Value
$43,380
Average Guernsey County Assessed Value
$64,830
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pleasant City, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43772 | $5,750 | $15,905 | $43,380 | $78,360 | $128,750 |
Source: Ownwell
Property Tax Bills Across Pleasant City, Ohio
In Pleasant City, located in Guernsey County, OH, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor and is a percentage of the property's market value. For instance, if the median home price is $43,380, the assessed value would be a fraction of this amount. The local tax rate is then applied to the assessed value to determine the annual tax bill. Factors such as property improvements, market conditions, and neighborhood trends can influence the assessed value, thereby affecting the tax bill. In Pleasant City, the tax bills range significantly, with the 25th percentile at $221 and the 75th percentile at $1,154, showing a broad spectrum of property values and tax burdens. The highest median tax bill in the area is $616, which is relatively lower compared to the national median property tax rate of 0.99%. These property taxes play a crucial role in funding local services, impacting homeowners' financial planning and community resources.
Average Pleasant City Tax Bill
$616
Average Guernsey County Tax Bill
$953
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasant City, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43772 | $78 | $221 | $616 | $1,154 | $1,858 |
Source: Ownwell