Navarre, Ohio Property Taxes
The median property tax rate in Navarre, OH is 1.99%, significantly higher than both the national median of 0.99% and Ohio's state median of 1.80%. With the median home value in Navarre at $208,670, the typical annual property tax bill reaches $3,424, surpassing the national median of $2,690. Property taxes in Navarre are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Navarre'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 Navarre or another part of Wayne County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Navarre, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.99%
Estimate Property Tax Bill
$4,153
Ownwell’s Navarre Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Navarre with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Navarre 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 Navarre, Ohio
Property taxes in Navarre, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Navarre is 1.99%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Navarre set these rates annually, and they can vary significantly across different neighborhoods. Each year, Navarre 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 Navarre's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 44662 has both the highest and lowest median property tax rate of 1.99%. Understanding how these cities compare with Navarre provides valuable insights into the varying tax landscape across Wayne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Navarre Tax Rate
1.99%
Average Wayne County Tax Rate
1.80%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Navarre, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44662 | 0.46% | 1.14% | 1.99% | 2.01% | 2.03% |
Source: Ownwell
Property Tax Assessment Values Across Navarre, Ohio
In Navarre, 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 Wayne 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 Navarre, 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 Navarre helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Navarre is $208,670, with annual tax bills ranging from $2,290 at the 25th percentile to $6,028 at the 90th percentile. The highest and lowest median tax bills are both found in zip code 44662, each amounting to $3,424.
Average Navarre Assessed Value
$208,670
Average Wayne County Assessed Value
$144,025
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Navarre, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44662 | $53,145 | $137,062 | $208,670 | $333,200 | $768,385 |
Source: Ownwell
Property Tax Bills Across Navarre, Ohio
In Navarre, located in Wayne County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors that influence the assessed value include the home's market value, location, and any improvements or renovations made to the property. For example, the median home price in Navarre is $208,670. Homeowners in the 25th percentile can expect to pay around $2,290 in property taxes, while those in the 75th percentile might see tax bills as high as $4,700. At the 90th percentile, property taxes can reach up to $6,028. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Compared to the national median property tax rate of 0.99%, Navarre's property tax rates reflect the local economic and social priorities, ensuring that homeowners contribute fairly to community resources.
Average Navarre Tax Bill
$3,424
Average Wayne County Tax Bill
$2,548
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Navarre, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44662 | $1,080 | $2,290 | $3,424 | $4,700 | $6,028 |
Source: Ownwell