Dundee, Ohio Property Taxes
The median property tax rate in Dundee, OH, is 1.46%, notably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $152,020, the typical annual property tax bill in Dundee reaches $2,275, which is below the national median of $2,690. Property taxes in Dundee are determined based on the tax assessed value, which is often less than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Dundee'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 Dundee or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dundee, Ohio Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,600
Ownwell’s Dundee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dundee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dundee 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 Dundee, Ohio
Property taxes in Dundee, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dundee is 1.46%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Dundee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dundee 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 Dundee's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44624 zip code has the highest median property tax rate of 1.46%, while the same 44624 zip code also has the lowest median tax rate of 1.46%. Understanding how these cities compare with Dundee provides valuable insights into the varying tax landscape across Tuscarawas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dundee Tax Rate
1.46%
Average Tuscarawas County Tax Rate
1.35%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dundee, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44624 | 1.32% | 1.45% | 1.46% | 1.48% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Dundee, Ohio
In Dundee, 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 Tuscarawas 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 Dundee, 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 Dundee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Dundee is $152,020, with the 25th percentile tax bill at $1,219 and the 75th percentile tax bill at $3,372. The highest and lowest median tax bill is $2,275 in zip code 44624.
Average Dundee Assessed Value
$152,020
Average Tuscarawas County Assessed Value
$122,160
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dundee, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44624 | $27,662 | $81,940 | $152,020 | $231,525 | $304,160 |
Source: Ownwell
Property Tax Bills Across Dundee, Ohio
In Dundee, Tuscarawas County, OH, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Dundee is $152,020, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as local government budgets, school funding needs, and public services impact the rate set by the county. Homeowners in Dundee can expect a range of property tax bills. For example, the 25th percentile tax bill is $1,219, while the 75th percentile tax bill reaches $3,372. At the higher end, the 90th percentile tax bill can be as much as $4,454. These figures illustrate the variability in tax obligations based on property values and local tax rates. Compared to the national median property tax rate of 0.99%, Dundee's tax bills reflect the region's specific economic and administrative needs, directly affecting homeowners' annual expenses.
Average Dundee Tax Bill
$2,275
Average Tuscarawas County Tax Bill
$1,645
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Dundee, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44624 | $450 | $1,219 | $2,275 | $3,372 | $4,454 |
Source: Ownwell