Allen County Property Taxes
The median property tax rate in Allen County is 1.57%, which is significantly higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $103,100 in Allen County, the typical annual property tax bill is approximately $1,550, which is below the national median of $2,690. Property taxes in Allen County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Allen County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Lima or another part of Allen County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Allen County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$1,619
$1,502
Ownwell’s Allen County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Allen County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Allen County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property's assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Allen County, Ohio
Property taxes in Allen County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Allen County is 1.57%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Allen County set these rates annually, and they can vary significantly between different areas within the county. Each year, Allen County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Allen County's effective property tax rate with other counties in Ohio and the national median. For comparison, the city of Cridersville has one of the higher property tax rates in Ohio at 1.95%, while the city of Delphos boasts one of the lowest at 1.18%. Analyzing how Allen County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Allen County Tax Rate
1.57%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Allen County, Ohio
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ada | 1.32% | 1.32% | 1.33% | 1.36% | 1.36% |
Alger | 1.33% | 1.33% | 1.34% | 1.35% | 1.36% |
Beaverdam | 0.97% | 1.27% | 1.31% | 1.33% | 1.39% |
Bluffton | 1.10% | 1.25% | 1.26% | 1.28% | 1.29% |
Cairo | 1.25% | 1.64% | 1.68% | 1.85% | 2.74% |
Columbus | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% |
Columbus Grove | 1.08% | 1.21% | 1.24% | 1.28% | 1.56% |
Cridersville | 1.52% | 1.95% | 1.95% | 1.99% | 2.41% |
Delphos | 0.97% | 1.16% | 1.18% | 1.20% | 1.23% |
Elida | 1.28% | 1.43% | 1.75% | 1.79% | 1.79% |
Fort Jennings | 1.15% | 1.18% | 1.58% | 1.58% | 1.61% |
Gomer | 1.32% | 1.58% | 1.59% | 1.62% | 1.63% |
Harrod | 1.15% | 1.33% | 1.35% | 1.39% | 1.58% |
Lafayette | 1.20% | 1.37% | 1.51% | 1.55% | 1.55% |
Lima | 1.33% | 1.50% | 1.61% | 1.79% | 1.99% |
Pandora | 1.13% | 1.19% | 1.25% | 1.25% | 1.28% |
Spencerville | 1.00% | 1.23% | 1.25% | 1.28% | 1.31% |
Venedocia | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% |
Wapakoneta | 1.47% | 1.48% | 1.50% | 1.50% | 1.55% |
Waynesfield | 1.15% | 1.33% | 1.34% | 1.38% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Allen County, Ohio
In Allen County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Allen County Appraisal District. The assessed value, however, 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. Assessment notices in Allen County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Pandora has the highest median tax bill at $2,441, while Beaverdam has the lowest at $907. Being aware of these valuation processes in Allen County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Allen County Assessed Value
$103,100
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Allen County, Ohio
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ada | $53,850 | $95,000 | $149,600 | $205,700 | $280,430 |
Alger | $95,860 | $109,600 | $141,200 | $168,675 | $184,050 |
Beaverdam | $27,860 | $58,000 | $71,450 | $85,175 | $100,660 |
Bluffton | $90,500 | $120,150 | $156,800 | $217,900 | $284,000 |
Cairo | $36,900 | $58,100 | $77,600 | $99,400 | $124,940 |
Columbus | $100,500 | $100,500 | $100,500 | $100,500 | $100,500 |
Columbus Grove | $69,600 | $114,550 | $152,900 | $208,650 | $259,700 |
Cridersville | $66,600 | $83,300 | $108,800 | $133,700 | $152,740 |
Delphos | $58,030 | $75,825 | $107,300 | $169,475 | $241,070 |
Elida | $65,500 | $75,900 | $97,300 | $131,700 | $149,100 |
Fort Jennings | $92,550 | $123,100 | $159,050 | $267,425 | $294,650 |
Gomer | $58,960 | $72,700 | $91,800 | $113,525 | $134,860 |
Harrod | $41,780 | $78,825 | $126,950 | $185,050 | $245,920 |
Lafayette | $40,240 | $62,100 | $80,900 | $107,600 | $149,160 |
Lima | $29,000 | $52,100 | $97,600 | $157,200 | $220,100 |
Pandora | $145,050 | $172,200 | $195,750 | $247,550 | $269,900 |
Spencerville | $48,500 | $66,700 | $97,550 | $143,375 | $205,820 |
Venedocia | $91,800 | $91,800 | $91,800 | $91,800 | $91,800 |
Wapakoneta | $99,250 | $103,700 | $114,100 | $213,150 | $265,700 |
Waynesfield | $73,060 | $102,500 | $155,900 | $212,600 | $258,200 |
Source: Ownwell
Property Tax Bills Across Allen County, Ohio
In Allen 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 a percentage of the property's market value. Once the assessed value is established, local tax rates, known as millage rates, are applied to calculate the tax bill. Various factors, such as property location, improvements, and neighborhood market trends, influence the assessed value. For instance, the median home price in Allen County stands at $103,100. Homeowners in this area can expect tax bills that vary widely. The 25th percentile tax bill is $849, while the 75th percentile reaches $2,582. At the 90th percentile, tax bills can go up to $3,653. Notably, Pandora has the highest median tax bill at $2,441, compared to Beaverdam's lowest at $907. These variations highlight the impact of property values and local tax rates on homeowners, with some paying significantly more than others based on their property's assessed value.
Average Allen County Tax Bill
$1,550
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Allen County, Ohio
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ada | $678 | $1,221 | $1,911 | $2,759 | $3,714 |
Alger | $1,108 | $1,463 | $1,876 | $2,257 | $2,473 |
Beaverdam | $377 | $701 | $907 | $1,085 | $1,294 |
Bluffton | $1,115 | $1,492 | $1,930 | $2,714 | $3,526 |
Cairo | $545 | $967 | $1,383 | $1,930 | $2,352 |
Columbus | $1,459 | $1,459 | $1,459 | $1,459 | $1,459 |
Columbus Grove | $808 | $1,378 | $1,900 | $2,620 | $3,318 |
Cridersville | $1,241 | $1,660 | $2,069 | $2,586 | $3,074 |
Delphos | $648 | $863 | $1,235 | $2,002 | $2,835 |
Elida | $834 | $1,244 | $1,603 | $2,055 | $2,553 |
Fort Jennings | $1,281 | $1,786 | $2,395 | $4,105 | $4,635 |
Gomer | $811 | $1,107 | $1,453 | $1,758 | $2,086 |
Harrod | $567 | $1,093 | $1,720 | $2,481 | $3,291 |
Lafayette | $592 | $903 | $1,164 | $1,557 | $2,127 |
Lima | $469 | $800 | $1,546 | $2,684 | $3,817 |
Pandora | $1,757 | $2,056 | $2,441 | $2,965 | $3,308 |
Spencerville | $535 | $795 | $1,169 | $1,774 | $2,501 |
Venedocia | $1,107 | $1,107 | $1,107 | $1,107 | $1,107 |
Wapakoneta | $1,535 | $1,623 | $1,714 | $3,159 | $3,917 |
Waynesfield | $968 | $1,361 | $2,088 | $2,766 | $3,506 |
Source: Ownwell