Haydenville, Ohio Property Taxes
The median property tax rate in Haydenville, Ohio is 1.41%, considerably higher than the national median of 0.99%, but lower than Ohio's state median of 1.80%. With the median home value in Haydenville at $35,920, the typical annual property tax bill reaches $552, which is significantly below the national median of $2,690. Property taxes in Haydenville 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 Haydenville'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 Haydenville or another part of Hocking County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Haydenville, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$506
Ownwell’s Haydenville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Haydenville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Haydenville 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 Haydenville, Ohio
Property taxes in Haydenville, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Haydenville is 1.41%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Haydenville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Haydenville 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 Haydenville's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43127 zip code has both the highest and lowest median property tax rate of 1.41%. Understanding how these cities compare with Haydenville provides valuable insights into the varying tax landscape across Hocking County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Haydenville Tax Rate
1.41%
Average Hocking County Tax Rate
1.35%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Haydenville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43127 | 1.03% | 1.38% | 1.41% | 1.56% | 3.24% |
Source: Ownwell
Property Tax Assessment Values Across Haydenville, Ohio
In Haydenville, 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 Hocking 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. 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 Haydenville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 43127 has the highest and lowest median tax bill, both at $552.
Average Haydenville Assessed Value
$35,920
Average Hocking County Assessed Value
$109,310
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Haydenville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43127 | $6,651 | $24,570 | $35,920 | $48,145 | $66,717 |
Source: Ownwell
Property Tax Bills Across Haydenville, Ohio
In Haydenville, Hocking County, OH, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the assessed value, including the property's market value, location, and any improvements made to the property. For example, the median home price in Haydenville is $35,920, which significantly impacts the overall tax bill. Homeowners in Haydenville can expect varying tax bills, with the 25th percentile at $338, the 75th percentile at $854, and the 90th percentile reaching $1,203. These figures show a range of tax burdens depending on property values and specific circumstances. The highest and lowest median tax bills in the area are both recorded at $552 in the 43127 zip code, which indicates a relatively stable tax environment. Understanding these factors can help homeowners anticipate their annual expenses and plan accordingly, ensuring they can manage their property tax obligations effectively.
Average Haydenville Tax Bill
$552
Average Hocking County Tax Bill
$1,629
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Haydenville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43127 | $64 | $338 | $552 | $854 | $1,203 |
Source: Ownwell