Winesburg, Ohio Property Taxes
The median property tax rate in Winesburg, OH is 1.25%, higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Winesburg at $159,340, the typical annual property tax bill reaches $1,987, which is below the national median of $2,690. Property taxes in Winesburg 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 Winesburg'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 Winesburg or another part of Holmes County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Winesburg, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$1,992
Ownwell’s Winesburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Winesburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Winesburg 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 Winesburg, Ohio
Property taxes in Winesburg, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Winesburg is 1.25%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Winesburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Winesburg 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 Winesburg's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44690 zip code has the highest median property tax rate of 1.25%, while the 44690 zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with Winesburg provides valuable insights into the varying tax landscape across Holmes County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Winesburg Tax Rate
1.25%
Average Holmes County Tax Rate
1.25%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Winesburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44690 | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Winesburg, Ohio
In Winesburg, 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 Holmes 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 Winesburg, 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. For instance, the median home price in Winesburg is $159,340, with the highest and lowest median tax bills both being $1,987 in the 44690 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Winesburg Assessed Value
$159,340
Average Holmes County Assessed Value
$211,100
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Winesburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44690 | $159,340 | $159,340 | $159,340 | $159,340 | $159,340 |
Source: Ownwell
Property Tax Bills Across Winesburg, Ohio
In Winesburg, Holmes County, OH, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Winesburg, the median home price is $159,340. Given this value, the tax bill is consistently $1987 across various percentiles, indicating a stable tax rate within the region. Several factors influence the assessed value, including the property's location, size, and condition, as well as recent sales of comparable properties in the area. This assessed value is crucial as it directly impacts the amount homeowners will pay in property taxes. Compared to the national median property tax rate of 0.99%, homeowners in Winesburg experience a slightly different tax burden, but the uniformity in tax bills suggests a straightforward and predictable tax structure. Understanding this process helps homeowners anticipate their annual expenses and plan their finances accordingly.
Average Winesburg Tax Bill
$1,987
Average Holmes County Tax Bill
$2,534
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Winesburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44690 | $1,987 | $1,987 | $1,987 | $1,987 | $1,987 |
Source: Ownwell