Manchester, Ohio Property Taxes
The median property tax rate in Manchester, Ohio is 1.41%, which is 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 Manchester, the typical annual property tax bill reaches $604, falling below the national median of $2,690. Property taxes in Manchester 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 Manchester'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 Manchester 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
Manchester, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$575
Ownwell’s Manchester Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manchester with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manchester 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 Manchester, Ohio
Property taxes in Manchester, Ohio, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Manchester is 1.41%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Manchester set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manchester 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 Manchester's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45144 zip code has the highest median property tax rate of 1.41%, while the same zip code also has the lowest median tax rate of 1.41%. Understanding how these cities compare with Manchester provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Manchester Tax Rate
1.41%
Average Adams County Tax Rate
1.44%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manchester, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45144 | 0.63% | 1.18% | 1.41% | 2.01% | 2.14% |
Source: Ownwell
Property Tax Assessment Values Across Manchester, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Manchester, 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 local 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 Manchester, 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. For example, the highest median tax bill in the area is $604 in zip code 45144, while the lowest median tax bill is also $604 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Manchester Assessed Value
$40,800
Average Adams County Assessed Value
$61,700
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manchester, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45144 | $6,600 | $17,650 | $40,800 | $87,700 | $157,520 |
Source: Ownwell
Property Tax Bills Across Manchester, Ohio
In Manchester, located in Adams County, Ohio, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $40,800. Property taxes are determined by multiplying the assessed value by the local tax rate. For context, the national median property tax rate is 0.99%. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. For example, tax bills in Manchester range from $254 at the 25th percentile to $1,702 at the 90th percentile, highlighting the variability based on property characteristics and assessments. Homeowners in Manchester can expect a median tax bill of around $604, which is notably lower than the national median. This lower tax burden can make homeownership more affordable, but it also impacts local funding for public services such as schools and infrastructure. Understanding these elements helps homeowners plan their finances and anticipate annual expenses associated with property ownership.
Average Manchester Tax Bill
$604
Average Adams County Tax Bill
$833
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Manchester, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45144 | $99 | $254 | $604 | $1,115 | $1,702 |
Source: Ownwell