Upper Sandusky, Ohio Property Taxes
The median property tax rate in Upper Sandusky, OH is 1.28%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $104,230 in Upper Sandusky, the typical annual property tax bill amounts to $1,326, which is below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Upper Sandusky'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 Upper Sandusky 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
Upper Sandusky, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$1,334
Ownwell’s UPPER SANDUSKY Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in UPPER SANDUSKY with just two simple data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in UPPER SANDUSKY to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the value assigned by Wyandot County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Upper Sandusky, Ohio
Property taxes in Upper Sandusky, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Upper Sandusky is 1.28%, significantly higher than the U.S. national median of 0.99%. Local government entities in Upper Sandusky set these rates annually, and they can vary across different neighborhoods. Each year, Upper Sandusky 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 Upper Sandusky's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 43351 has the highest median property tax rate of 1.28%, while the same zip code also has the lowest median tax rate of 1.28%. Understanding how these areas compare with Upper Sandusky provides valuable insights into the varying tax landscape across Wyandot County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Upper Sandusky Tax Rate
1.28%
Average Wyandot County Tax Rate
1.29%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Upper Sandusky, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43351 | 0.95% | 1.18% | 1.28% | 1.38% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Upper Sandusky, Ohio
In Upper Sandusky, 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 Wyandot 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 Upper Sandusky, 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. The median home price in Upper Sandusky is $104,230, with tax bills ranging from the 25th percentile at $903 to the 90th percentile at $2,770. The zip code 43351 has the highest and lowest median tax bill, both at $1,326. 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 Upper Sandusky Assessed Value
$104,230
Average Wyandot County Assessed Value
$93,115
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Upper Sandusky, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43351 | $30,092 | $70,570 | $104,230 | $153,370 | $235,330 |
Source: Ownwell
Property Tax Bills Across Upper Sandusky, Ohio
In Upper Sandusky, located in Wyandot County, OH, property tax bills are calculated based on the assessed value of the property. The county assessor determines this value, which is then multiplied by the local tax rate to generate the annual tax bill. Several factors influence the assessed value, including market conditions, property improvements, and neighborhood trends. The median home price in Upper Sandusky is $104,230, and the median property tax rate in the area is in line with the national median of 0.99%. Homeowners in Upper Sandusky can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is around $903, while at the 75th percentile, it rises to approximately $1,918. At the 90th percentile, it can reach up to $2,770. The highest median tax bill in the area is $1,326, which is consistent across all zip codes. These variations in tax bills can significantly impact homeowners, influencing their annual budgeting and overall financial planning.
Average Upper Sandusky Tax Bill
$1,326
Average Wyandot County Tax Bill
$1,190
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Upper Sandusky, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43351 | $405 | $903 | $1,326 | $1,918 | $2,770 |
Source: Ownwell