Chandlersville, Ohio Property Taxes
The median property tax rate in Chandlersville, OH is 1.14%, which is higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $93,950 in Chandlersville, the typical annual property tax bill amounts to $1,017, falling below the national median of $2,690. Property taxes in Chandlersville are based on the assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Chandlersville'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 Chandlersville or another part of Muskingum County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chandlersville, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$1,071
Ownwell’s Chandlersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Chandlersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Chandlersville 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 Chandlersville, Ohio
Property taxes in Chandlersville, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Chandlersville is 1.14%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Chandlersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chandlersville 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 Chandlersville's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 43727 has both the highest and lowest median property tax rate of 1.14%. Understanding how these areas compare with Chandlersville provides valuable insights into the varying tax landscape across Muskingum County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chandlersville Tax Rate
1.14%
Average Muskingum County Tax Rate
1.33%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chandlersville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43727 | 0.85% | 1.11% | 1.14% | 1.18% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Chandlersville, Ohio
In Chandlersville, 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 Muskingum 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 Chandlersville, 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 Chandlersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 43727, with a median tax bill of $1,017.
Average Chandlersville Assessed Value
$93,950
Average Muskingum County Assessed Value
$90,600
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chandlersville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43727 | $11,850 | $42,075 | $93,950 | $143,875 | $207,400 |
Source: Ownwell
Property Tax Bills Across Chandlersville, Ohio
In Chandlersville, located in Muskingum County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Chandlersville, the median home price is $93,950. Property tax bills can vary significantly, with the 25th percentile at $498 and the 75th percentile reaching $1,604. At the 90th percentile, homeowners might see tax bills as high as $2,326. These figures highlight the range of potential tax obligations depending on the assessed value and specific circumstances of each property. Compared to the national median property tax rate of 0.99%, homeowners in Chandlersville experience varying tax rates that can impact their annual financial planning. Understanding these factors can help homeowners better anticipate their property tax responsibilities and manage their budgets accordingly.
Average Chandlersville Tax Bill
$1,017
Average Muskingum County Tax Bill
$1,192
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Chandlersville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43727 | $175 | $498 | $1,017 | $1,604 | $2,326 |
Source: Ownwell