Shelby County Property Taxes
The median property tax rate in Shelby County is 1.56%, which is significantly higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $119,350, the typical annual property tax bill in Shelby County reaches $1,867, falling below the national median of $2,690. Property taxes in Shelby County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Shelby 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 Sidney or another part of Shelby County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shelby County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.56%
Estimate Property Tax Bill
$1,862
Ownwell’s Shelby County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Shelby County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Shelby County 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 Shelby County, Ohio
Property taxes in Shelby County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Shelby County is 1.56%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Shelby County set these rates annually, and they can vary significantly between different areas within the county. Each year, Shelby 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 Shelby County's effective property tax rate with other counties in Ohio and the national median. For comparison, the city of Russia has one of the higher property tax rates in Ohio at 1.83%, while the city of Yorkshire boasts one of the lowest at 0.92%. Analyzing how Shelby County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Shelby County Tax Rate
1.56%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shelby County, Ohio
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anna | 1.17% | 1.35% | 1.45% | 1.53% | 1.62% |
Botkins | 1.10% | 1.37% | 1.50% | 1.57% | 1.64% |
Conover | 1.32% | 1.49% | 1.57% | 1.61% | 1.69% |
Fletcher | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% |
Fort Loramie | 1.30% | 1.47% | 1.56% | 1.64% | 1.74% |
Houston | 1.05% | 1.44% | 1.59% | 1.70% | 1.83% |
Jackson Center | 1.26% | 1.56% | 1.70% | 1.85% | 1.94% |
Kettlersville | 1.15% | 1.41% | 1.48% | 1.53% | 1.57% |
Maplewood | 0.98% | 1.46% | 1.62% | 1.73% | 1.87% |
Minster | 1.21% | 1.34% | 1.50% | 1.60% | 1.77% |
New Bremen | 0.91% | 1.36% | 1.49% | 1.55% | 1.65% |
New Knoxville | 0.70% | 1.09% | 1.31% | 1.37% | 1.44% |
Pemberton | 0.95% | 1.54% | 1.66% | 1.73% | 1.99% |
Piqua | 1.02% | 1.41% | 1.50% | 1.59% | 1.83% |
Port Jefferson | 1.35% | 1.67% | 1.82% | 2.08% | 2.77% |
Quincy | 1.27% | 1.37% | 1.55% | 1.60% | 1.63% |
Russia | 1.06% | 1.63% | 1.83% | 1.92% | 2.01% |
Sidney | 1.30% | 1.44% | 1.57% | 1.68% | 1.78% |
Versailles | 1.41% | 1.47% | 1.56% | 1.74% | 1.84% |
Wapakoneta | 1.00% | 1.33% | 1.56% | 1.70% | 1.79% |
Yorkshire | 0.74% | 0.77% | 0.92% | 1.14% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Shelby County, Ohio
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Shelby County, Ohio. 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 Shelby 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 Shelby 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 Shelby County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Yorkshire has the highest median tax bill at $4,265, while Pemberton has the lowest at $572.
Average Shelby County Assessed Value
$119,350
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shelby County, Ohio
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anna | $70,665 | $107,412 | $170,515 | $254,460 | $353,195 |
Botkins | $75,588 | $106,252 | $142,065 | $221,908 | $358,982 |
Conover | $86,680 | $108,920 | $124,440 | $188,990 | $251,490 |
Fletcher | $169,170 | $169,170 | $169,170 | $169,170 | $169,170 |
Fort Loramie | $49,608 | $121,680 | $174,450 | $282,640 | $392,258 |
Houston | $28,941 | $84,920 | $135,150 | $223,680 | $382,335 |
Jackson Center | $12,930 | $70,855 | $105,050 | $165,580 | $262,840 |
Kettlersville | $10,850 | $50,948 | $81,120 | $93,010 | $105,290 |
Maplewood | $11,230 | $74,510 | $148,190 | $238,770 | $378,858 |
Minster | $3,180 | $24,500 | $90,010 | $206,815 | $343,222 |
New Bremen | $135,225 | $164,118 | $224,985 | $325,280 | $484,170 |
New Knoxville | $113,254 | $160,510 | $215,760 | $310,310 | $621,836 |
Pemberton | $6,362 | $10,915 | $36,790 | $52,900 | $63,884 |
Piqua | $5,486 | $29,690 | $92,400 | $188,490 | $283,494 |
Port Jefferson | $5,378 | $11,932 | $52,755 | $75,450 | $96,284 |
Quincy | $196,838 | $197,270 | $197,990 | $249,355 | $280,174 |
Russia | $88,055 | $124,220 | $190,175 | $323,728 | $507,760 |
Sidney | $25,546 | $69,532 | $104,500 | $164,318 | $249,930 |
Versailles | $162,078 | $163,710 | $166,430 | $263,660 | $321,998 |
Wapakoneta | $46,675 | $131,635 | $171,155 | $303,658 | $376,945 |
Yorkshire | $337,745 | $394,648 | $496,840 | $577,562 | $595,819 |
Source: Ownwell
Property Tax Bills Across Shelby County, Ohio
In Shelby County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Shelby County is $119,350. Local tax authorities determine the assessed value, and this figure is then multiplied by the local tax rate to calculate the annual tax bill. Factors such as property improvements, neighborhood changes, and market trends can influence the assessed value. Homeowners in Shelby County can expect a wide range of property tax bills. For example, the tax bill at the 25th percentile is $1,188, while at the 75th percentile, it rises to $2,907. At the 90th percentile, it can reach as high as $4,314. These variations highlight the impact of different property values and local rates on tax bills. Comparatively, the national median property tax rate is 0.99%, making Shelby County's rates relatively moderate. Homeowners should be aware of these factors, as they directly affect their annual financial obligations.
Average Shelby County Tax Bill
$1,867
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Shelby County, Ohio
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Anna | $885 | $1,579 | $2,429 | $3,587 | $4,902 |
Botkins | $775 | $1,525 | $2,045 | $3,083 | $4,532 |
Conover | $1,399 | $1,613 | $2,006 | $2,750 | $3,872 |
Fletcher | $1,875 | $1,875 | $1,875 | $1,875 | $1,875 |
Fort Loramie | $809 | $1,896 | $2,705 | $4,248 | $5,772 |
Houston | $406 | $1,385 | $2,152 | $3,339 | $4,557 |
Jackson Center | $229 | $1,198 | $1,815 | $2,698 | $3,904 |
Kettlersville | $153 | $653 | $1,201 | $1,375 | $1,552 |
Maplewood | $200 | $1,202 | $2,352 | $3,561 | $4,806 |
Minster | $82 | $411 | $1,474 | $3,074 | $5,085 |
New Bremen | $2,036 | $2,350 | $3,347 | $4,196 | $5,429 |
New Knoxville | $1,612 | $1,980 | $2,766 | $3,894 | $5,111 |
Pemberton | $96 | $184 | $572 | $845 | $1,021 |
Piqua | $99 | $407 | $1,344 | $2,762 | $3,535 |
Port Jefferson | $130 | $272 | $934 | $1,324 | $1,906 |
Quincy | $2,505 | $2,711 | $3,054 | $4,011 | $4,586 |
Russia | $1,656 | $2,268 | $3,220 | $5,250 | $6,736 |
Sidney | $468 | $1,128 | $1,672 | $2,507 | $3,782 |
Versailles | $2,326 | $2,396 | $2,513 | $4,709 | $6,027 |
Wapakoneta | $726 | $1,913 | $2,487 | $4,556 | $6,425 |
Yorkshire | $3,565 | $3,928 | $4,265 | $4,798 | $5,516 |
Source: Ownwell