Pleasant Plain, Ohio Property Taxes
The median property tax rate in Pleasant Plain, OH is 1.55%, which is 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 $183,535 in Pleasant Plain, the typical annual property tax bill amounts to $2,518, slightly below the national median of $2,690. Property taxes in Pleasant Plain are based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Familiarizing yourself with Pleasant Plain'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 Pleasant Plain or another part of Warren County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pleasant Plain, 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 Pleasant Plain Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pleasant Plain with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pleasant Plain 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 Pleasant Plain, Ohio
Property taxes in Pleasant Plain, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasant Plain is 1.55%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Pleasant Plain set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasant Plain 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 Pleasant Plain's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45162 zip code has the highest median property tax rate of 1.55%, while the same zip code also has the lowest median tax rate of 1.55%. Understanding how these areas compare with Pleasant Plain provides valuable insights into the varying tax landscape across Warren County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasant Plain Tax Rate
1.55%
Average Warren County Tax Rate
1.67%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasant Plain, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45162 | 1.16% | 1.16% | 1.55% | 1.56% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Pleasant Plain, Ohio
In Pleasant Plain, 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 Warren County Auditor 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 Pleasant Plain, 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 Pleasant Plain helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $2,518, found in the 45162 zip code.
Average Pleasant Plain Assessed Value
$183,535
Average Warren County Assessed Value
$234,580
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pleasant Plain, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45162 | $71,805 | $111,120 | $183,535 | $269,520 | $336,794 |
Source: Ownwell
Property Tax Bills Across Pleasant Plain, Ohio
In Pleasant Plain, located in Warren County, OH, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Pleasant Plain is $183,535. Property taxes are calculated by multiplying this assessed value by the county's tax rate, which is then adjusted for any exemptions or deductions the homeowner may qualify for. Factors such as property size, location, and improvements can influence the assessed value. For instance, homes with higher market values will naturally result in higher tax bills. In Pleasant Plain, the 25th percentile tax bill is $1,534, while the 75th percentile tax bill is $3,727, and the 90th percentile tax bill reaches up to $5,032. This variation significantly impacts homeowners, as those with properties assessed at higher values will face steeper tax bills. Compared to the national median property tax rate of 0.99%, Pleasant Plain's tax liabilities can be substantial, affecting household budgets and long-term financial planning.
Average Pleasant Plain Tax Bill
$2,518
Average Warren County Tax Bill
$3,873
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasant Plain, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45162 | $909 | $1,534 | $2,518 | $3,727 | $5,032 |
Source: Ownwell