Fleming, Ohio Property Taxes
The median property tax rate in Fleming, OH is 1.34%, higher than both the national median of 0.99% and Ohio's state median of 1.80%. With the median home value in Fleming at $148,730, the typical annual property tax bill reaches $1,790, which is below the national median of $2,690. Property taxes in Fleming 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 Fleming'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 Fleming 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
Fleming, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$1,993
Ownwell’s Fleming Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fleming with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fleming 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 Fleming, Ohio
Property taxes in Fleming, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fleming is 1.34%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Fleming set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fleming 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 Fleming's effective property tax rate to other counties in Ohio and the national median. For comparison, the highest median property tax rate in Washington County is also 1.34%, while the lowest median tax rate is 1.34%. Understanding how these cities compare with Fleming provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fleming Tax Rate
1.34%
Average Washington County Tax Rate
1.22%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fleming, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45729 | 0.95% | 1.22% | 1.34% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Fleming, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Fleming, Ohio. 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 Washington 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 Fleming, 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 home price in Fleming is $148,730, with tax bills ranging from $891 at the 25th percentile to $3,795 at the 90th percentile. The highest median tax bill is $1,790 in the 45729 zip code, which is also the lowest median tax bill. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Fleming Assessed Value
$148,730
Average Washington County Assessed Value
$106,255
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fleming, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45729 | $15,960 | $75,340 | $148,730 | $213,325 | $303,018 |
Source: Ownwell
Property Tax Bills Across Fleming, Ohio
In Fleming, located in Washington County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. This figure is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $148,730, homeowners can expect varying tax bills depending on the assessed value and tax rate. Homeowners in Fleming experience a range of property tax bills. At the 25th percentile, the tax bill is approximately $891, while at the 75th percentile, it rises to around $2,624. Those at the 90th percentile could see tax bills as high as $3,795. These property tax bills are influenced by several factors, including property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, the tax rates in Fleming can significantly impact homeowners' financial planning and overall cost of living.
Average Fleming Tax Bill
$1,790
Average Washington County Tax Bill
$1,235
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Fleming, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45729 | $226 | $891 | $1,790 | $2,624 | $3,795 |
Source: Ownwell