Saint Louis, Ohio Property Taxes
The median property tax rate in Saint Louis, OH is 1.72%, which is considerably higher than the national median of 0.99% but slightly below the Ohio state median of 1.80%. With the median home value in Saint Louis at $124,900, the typical annual property tax bill reaches $2,146, still below the national median of $2,690. Property taxes in Saint Louis are calculated based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Saint Louis'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 Saint Louis 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
Saint Louis, Ohio Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,600
Ownwell’s Saint Louis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Louis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Louis 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 Saint Louis, Ohio
Property taxes in Saint Louis, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Louis is 1.72%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Saint Louis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Louis 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 Saint Louis's effective property tax rate to other counties in Ohio and the national median. For comparison, the 63166 zip code has the highest median property tax rate of 1.72%, while the same zip code also has the lowest median tax rate of 1.72%. Understanding how these cities compare with Saint Louis provides valuable insights into the varying tax landscape across Ashtabula County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Louis Tax Rate
1.72%
Average Ashtabula County Tax Rate
1.74%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Louis, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63166 | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Saint Louis, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Saint Louis, 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 Ashtabula 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 Saint Louis, 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 Saint Louis is $124,900, with median tax bills ranging around $2,146. Interestingly, the zip code 63166 has both the highest and lowest median tax bills, which are $2,146. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Louis Assessed Value
$124,900
Average Ashtabula County Assessed Value
$74,100
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Louis, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63166 | $124,900 | $124,900 | $124,900 | $124,900 | $124,900 |
Source: Ownwell
Property Tax Bills Across Saint Louis, Ohio
In Saint Louis, Ashtabula County, OH, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and typically represents a percentage of the property's market value. Various factors influence this assessed value, including the property's size, location, and condition. Once the assessed value is established, it is multiplied by the local property tax rate to determine the annual tax bill. In Saint Louis, the median property tax bill is $2,146, which can be compared to the national median property tax rate of 0.99%. This rate places a considerable financial responsibility on homeowners, affecting their overall cost of living and potentially influencing their decisions regarding property investments. The property tax bill can vary significantly, with the 25th, 75th, and 90th percentiles all reporting the same figure of $2,146, indicating a consistent tax rate across different property values. This consistency helps homeowners in Saint Louis plan their finances more effectively, knowing that their property tax obligations are relatively predictable.
Average Saint Louis Tax Bill
$2,146
Average Ashtabula County Tax Bill
$1,299
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Louis, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63166 | $2,146 | $2,146 | $2,146 | $2,146 | $2,146 |
Source: Ownwell