Whitehouse, Ohio Property Taxes
The median property tax rate in Whitehouse, Ohio is 1.92%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Whitehouse at $224,900, the typical annual property tax bill reaches $4,334, exceeding the national median of $2,690. Property taxes in Whitehouse 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 Whitehouse'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 Whitehouse 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
Whitehouse, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.92%
Estimate Property Tax Bill
$4,318
Ownwell’s Whitehouse Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whitehouse with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whitehouse 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 Whitehouse, Ohio
Property taxes in Whitehouse, Ohio, are critical for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Whitehouse is 1.92%, significantly higher than the U.S. national median of 0.99%. Local government entities within Whitehouse set these rates annually, and they can vary across different neighborhoods. Each year, Whitehouse 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 Whitehouse's effective property tax rate to other areas in Lucas County and the national median. For comparison, the zip code 43571 has the highest median property tax rate of 1.92%, while the same zip code also has the lowest median tax rate of 1.92%. Understanding how these areas compare with Whitehouse provides valuable insights into the varying tax landscape across Lucas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Whitehouse Tax Rate
1.92%
Average Lucas County Tax Rate
2.38%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Whitehouse, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43571 | 1.70% | 1.92% | 1.92% | 1.99% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Whitehouse, Ohio
In Whitehouse, 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 Lucas 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 Whitehouse, 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 Whitehouse helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 43571, with a value of $4,334, while the lowest is also in the same zip code with the same value.
Average Whitehouse Assessed Value
$224,900
Average Lucas County Assessed Value
$95,600
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Whitehouse, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43571 | $115,400 | $158,525 | $224,900 | $301,350 | $374,280 |
Source: Ownwell
Property Tax Bills Across Whitehouse, Ohio
In Whitehouse, located in Lucas County, Ohio, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor and is a percentage of the property's market value. Homeowners in Whitehouse can expect a median property tax rate that aligns closely with the national median of 0.99%. For instance, with a median home price of $224,900, property tax bills can vary significantly. At the 25th percentile, homeowners might pay around $2,957, while those at the 75th percentile could see bills up to $5,939. At the higher end, the 90th percentile tax bill reaches approximately $7,388. These variations depend on factors such as property size, improvements, and neighborhood. It's crucial for homeowners to understand these elements, as they directly influence the annual tax bill, impacting overall affordability and budgeting for homeownership.
Average Whitehouse Tax Bill
$4,334
Average Lucas County Tax Bill
$2,348
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Whitehouse, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43571 | $2,123 | $2,957 | $4,334 | $5,939 | $7,388 |
Source: Ownwell