Brewster, Ohio Property Taxes
The median property tax rate in Brewster, OH is 1.52%, considerably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Brewster at $99,100, the typical annual property tax bill reaches $685, which is significantly below the national median of $2,690. Property taxes in Brewster 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 Brewster'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 Brewster 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
Brewster, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.52%
Estimate Property Tax Bill
$1,506
Ownwell’s Brewster Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brewster with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brewster 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 Brewster, Ohio
Property taxes in Brewster, Ohio, play a crucial role in financing essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Brewster is 1.52%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Brewster set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brewster 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 Brewster's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44613 zip code has the highest median property tax rate of 1.52%, while the same zip code also has the lowest median tax rate of 1.52%. Understanding how these areas compare with Brewster provides valuable insights into the varying tax landscape across Stark County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brewster Tax Rate
1.52%
Average Stark County Tax Rate
1.67%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brewster, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44613 | 0.80% | 1.51% | 1.52% | 1.80% | 4.02% |
Source: Ownwell
Property Tax Assessment Values Across Brewster, Ohio
In Brewster, 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 Stark 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 Brewster, 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. For instance, the median tax bill in Brewster is around $685, with the highest and lowest median tax bills both being $685 in zip code 44613. 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 Brewster helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brewster Assessed Value
$99,100
Average Stark County Assessed Value
$128,500
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brewster, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44613 | $27,100 | $77,200 | $99,100 | $135,600 | $172,200 |
Source: Ownwell
Property Tax Bills Across Brewster, Ohio
In Brewster, Ohio, property tax bills are calculated based on the assessed value of the property, which is determined by the Stark County auditor. The assessed value is a percentage of the market value of the home. Homeowners in Brewster can expect property tax bills that vary significantly based on their property’s value and location within the city. The median home price in Brewster is $99,100. For example, property tax bills at the 25th percentile are around $157, while those at the 75th percentile can reach $1,363. At the higher end, the 90th percentile tax bill is approximately $2,682. These figures illustrate the range of property tax obligations homeowners might face. The median property tax bill in Brewster is $685, which is significantly lower than the national median property tax rate of 0.99%. This relatively lower tax burden can make Brewster an attractive place for homeowners looking for affordable property taxes. Understanding these factors helps homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Brewster Tax Bill
$685
Average Stark County Tax Bill
$801
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Brewster, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44613 | $67 | $157 | $685 | $1,363 | $2,682 |
Source: Ownwell