Logan, Ohio Property Taxes
The median property tax rate in Logan, OH is 1.31%, 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 Logan at $37,985, the typical annual property tax bill reaches $798, which is significantly below the national median of $2,690. Property taxes in Logan are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Logan'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 Logan 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
Logan, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$498
Ownwell’s Logan Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Logan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Logan to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. For those 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 Logan, Ohio
Property taxes in Logan, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Logan is 1.31%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Logan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Logan 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 Logan's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43138 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Logan provides valuable insights into the varying tax landscape across Vinton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Logan Tax Rate
1.31%
Average Vinton County Tax Rate
1.27%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Logan, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43138 | 0.71% | 0.72% | 1.31% | 2.33% | 12.04% |
Source: Ownwell
Property Tax Assessment Values Across Logan, Ohio
In Logan, 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 Vinton 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 Logan, 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 Logan helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Logan are both $798.00 and occur in the 43138 zip code.
Average Logan Assessed Value
$37,985
Average Vinton County Assessed Value
$50,680
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Logan, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43138 | $7,720 | $13,715 | $37,985 | $90,412 | $183,690 |
Source: Ownwell
Property Tax Bills Across Logan, Ohio
Property tax bills in Logan, Vinton County, Ohio, are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property location, size, and improvements can influence the assessed value. For example, in Logan, the median home price is $37,985, resulting in varying tax bills across different percentiles. Homeowners in the 25th percentile can expect to pay around $203, while those in the 75th percentile may see tax bills closer to $2,214. At the higher end, the 90th percentile tax bills can reach up to $5,065. The highest and lowest median tax bills in the area are both $798, indicating some consistency in property valuation. Compared to the national median property tax rate of 0.99%, Logan's property tax rates can significantly impact homeowners, depending on their property's assessed value and the specific tax rate applied.
Average Logan Tax Bill
$798
Average Vinton County Tax Bill
$541
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Logan, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43138 | $94 | $203 | $798 | $2,214 | $5,065 |
Source: Ownwell