Adelphi, Ohio Property Taxes
The median property tax rate in Adelphi, Ohio is 1.07%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $133,450 in Adelphi, the typical annual property tax bill amounts to $1,750, falling below the national median of $2,690. Property taxes in Adelphi are calculated based on the assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Gaining a thorough understanding of Adelphi's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in significant yearly savings. Whether you're located in the heart of Adelphi or in another part of Pickaway County, understanding the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Adelphi, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$1,428
Ownwell’s Adelphi Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adelphi with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adelphi 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 Adelphi, Ohio
Property taxes in Adelphi, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adelphi is 1.07%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Adelphi set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adelphi 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 Adelphi's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43101 zip code has the highest median property tax rate of 1.07%, while the 43101 zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with Adelphi provides valuable insights into the varying tax landscape across Pickaway County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adelphi Tax Rate
1.07%
Average Pickaway County Tax Rate
1.37%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adelphi, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43101 | 0.90% | 0.96% | 1.07% | 1.21% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Adelphi, Ohio
In Adelphi, 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 Pickaway 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 Adelphi, 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. The median home price in Adelphi is $133,450, with tax bills ranging from $1,590 at the 25th percentile to $2,162 at the 90th percentile. The zip code 43101 has both the highest and lowest median tax bill at $1,750. Being aware of these valuation processes in Adelphi helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Adelphi Assessed Value
$133,450
Average Pickaway County Assessed Value
$169,880
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adelphi, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43101 | $131,082 | $131,970 | $133,450 | $199,770 | $239,562 |
Source: Ownwell
Property Tax Bills Across Adelphi, Ohio
In Adelphi, property tax bills are calculated based on the assessed value of a home, which is determined by the Pickaway County tax assessor. The assessed value is a percentage of the property's market value. Once the assessed value is established, the local property tax rate is applied to calculate the tax bill. Adelphi residents face a median property tax rate of 1.19%, slightly above the national median of 0.99%. Several factors influence the tax bill, including the property's location, size, and condition. Homeowners in Adelphi can expect their annual property tax bills to range from $1,590 at the 25th percentile to $2,162 at the 90th percentile. The highest median tax bill recorded in the area is $1,750, which is consistent across various zip codes within the county. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for Adelphi residents. For homeowners, understanding these factors is crucial for financial planning and property investment decisions.
Average Adelphi Tax Bill
$1,750
Average Pickaway County Tax Bill
$2,168
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Adelphi, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43101 | $1,495 | $1,590 | $1,750 | $2,007 | $2,162 |
Source: Ownwell