Richland County Property Taxes
The median property tax rate in Richland County is 1.92%, which is significantly higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Richland County, the typical annual property tax bill reaches $1,633, which is below the national median of $2,690. Property taxes in Richland County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Richland County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Mansfield or another part of Richland County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Richland County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.92%
Estimate Property Tax Bill
$1,797
Ownwell’s Richland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Richland with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Richland to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Richland County, Ohio
Property taxes in Richland County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Richland County is 1.92%, which is significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Richland County set these rates annually, and they can vary significantly between different areas within the county. Each year, Richland County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Richland County's effective property tax rate with other counties in Ohio and the national median. For comparison, the city of Ontario has one of the higher property tax rates in Ohio at 2.03%, while the city of Greenwich boasts one of the lowest at 1.38%. Analyzing how Richland County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Richland County Tax Rate
1.92%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Richland County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | 0.59% | 1.22% | 1.41% | 1.42% | 1.48% |
| Bellville | 0.99% | 1.39% | 1.47% | 1.84% | 1.88% |
| Butler | 0.94% | 1.31% | 1.44% | 1.48% | 1.52% |
| Crestline | 1.29% | 1.60% | 1.90% | 2.03% | 2.07% |
| Fredericktown | 0.42% | 0.84% | 1.39% | 1.47% | 1.54% |
| Galion | 1.15% | 1.48% | 1.71% | 1.90% | 1.97% |
| Greenwich | 0.65% | 1.17% | 1.38% | 1.41% | 2.74% |
| Lexington | N/A | N/A | N/A | N/A | N/A |
| Lucas | 1.04% | 1.37% | 1.64% | 1.66% | 1.78% |
| Mansfield | 1.34% | 1.65% | 1.96% | 2.06% | 2.34% |
| Ontario | 1.52% | 2.03% | 2.03% | 2.07% | 2.07% |
| Perrysville | 0.69% | 1.26% | 1.43% | 1.61% | 1.68% |
| Plymouth | 0.92% | 1.46% | 1.73% | 1.78% | 1.82% |
| Shelby | 1.04% | 1.44% | 1.50% | 1.53% | 1.57% |
| Shiloh | 0.57% | 0.99% | 1.41% | 1.52% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Richland County, Ohio
In Richland County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Richland County Appraisal District. The assessed value, however, 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 in Richland County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Richland County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. For example, Ontario has the highest median tax bill at $2,372, while Plymouth has the lowest at $1,172.
Average Richland County Assessed Value
$93,590
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Richland County, Ohio
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | $48,488 | $86,498 | $126,565 | $205,730 | $383,876 |
| Bellville | $37,386 | $85,570 | $131,370 | $189,620 | $266,586 |
| Butler | $21,254 | $66,660 | $103,245 | $155,112 | $237,992 |
| Crestline | $32,999 | $78,390 | $108,580 | $156,588 | $224,579 |
| Fredericktown | $48,690 | $134,410 | $203,690 | $371,660 | $518,150 |
| Galion | $61,399 | $92,202 | $120,430 | $178,098 | $265,054 |
| Greenwich | $3,027 | $9,198 | $95,075 | $190,910 | $423,760 |
| Lexington | N/A | N/A | N/A | N/A | N/A |
| Lucas | $59,460 | $86,830 | $124,600 | $191,380 | $290,032 |
| Mansfield | $15,050 | $39,270 | $84,780 | $131,140 | $191,470 |
| Ontario | $74,370 | $91,390 | $124,750 | $178,650 | $267,190 |
| Perrysville | $39,572 | $75,100 | $118,800 | $205,330 | $311,806 |
| Plymouth | $7,495 | $40,035 | $73,500 | $115,225 | $214,990 |
| Shelby | $36,980 | $65,960 | $94,950 | $132,800 | $188,782 |
| Shiloh | $33,818 | $61,018 | $112,610 | $208,682 | $477,623 |
Source: Ownwell
Property Tax Bills Across Richland County, Ohio
In Richland County, OH, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is typically a percentage of the market value of the home. Various factors, such as the location, size, and condition of the property, play a crucial role in determining this value. For instance, the median home price in Richland County is $93,590. Property tax rates are then applied to the assessed value to calculate the tax bill. The tax bill can vary significantly within the county. At the 25th percentile, homeowners might pay around $878, while those at the 75th percentile could face bills up to $2,540. The 90th percentile sees tax bills as high as $3,710. Comparatively, the national median property tax rate is 0.99%, making Richland County's rates relatively moderate. This variation in tax bills can significantly impact homeowners, influencing their overall cost of living and financial planning.
Average Richland County Tax Bill
$1,633
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Richland County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | $851 | $1,228 | $1,740 | $2,576 | $3,327 |
| Bellville | $680 | $1,305 | $1,912 | $2,691 | $3,673 |
| Butler | $342 | $891 | $1,399 | $2,067 | $2,797 |
| Crestline | $1,115 | $1,555 | $2,113 | $2,848 | $4,022 |
| Fredericktown | $732 | $1,690 | $2,227 | $2,933 | $4,516 |
| Galion | $986 | $1,542 | $2,089 | $2,901 | $3,875 |
| Greenwich | $83 | $277 | $1,291 | $2,233 | $3,139 |
| Lexington | N/A | N/A | N/A | N/A | N/A |
| Lucas | $820 | $1,333 | $1,942 | $2,866 | $3,878 |
| Mansfield | $307 | $759 | $1,601 | $2,560 | $3,776 |
| Ontario | $1,303 | $1,745 | $2,372 | $3,619 | $5,534 |
| Perrysville | $529 | $1,061 | $1,664 | $2,443 | $3,540 |
| Plymouth | $202 | $664 | $1,172 | $1,903 | $2,837 |
| Shelby | $522 | $942 | $1,364 | $1,946 | $2,727 |
| Shiloh | $418 | $905 | $1,500 | $2,313 | $3,292 |
Source: Ownwell