Shade, Athens County, Ohio Property Taxes
The median property tax rate in SHADE, OH is 1.66%, which is significantly higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $63,040 in SHADE, the typical annual property tax bill is $1,002, surpassing the national median of $2,690. Property taxes in SHADE are calculated based on the assessed value, which is often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding SHADE's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of SHADE or another part of the city, mastering the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shade, Athens County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.66%
Estimate Property Tax Bill
$1,046
$971
Ownwell’s SHADE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SHADE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SHADE 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 Shade, Athens County, Ohio
Property taxes in SHADE, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in SHADE is 1.66%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within SHADE set these rates annually, and they can vary significantly across different neighborhoods. Each year, SHADE 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 SHADE's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45776 zip code has both the highest and lowest median property tax rate of 1.66%. Understanding how these cities compare with SHADE provides valuable insights into the varying tax landscape across Athens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Shade Tax Rate
1.66%
Average Athens County Tax Rate
1.77%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shade, Athens County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45776 | 0.87% | 1.65% | 1.66% | 1.69% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Shade, Athens County, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in SHADE, 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 Athens 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 SHADE, 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 SHADE helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1002.00, found in zip code 45776, while the lowest is also $1002.00 in the same zip code.
Property Tax Assessment Values Across Shade, Athens County, Ohio
Source: Ownwell
$26,395
$84,948
$143,500
Average Shade Assessed Value
$63,040
Average Athens County Assessed Value
$88,765
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shade, Athens County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45776 | $18,996 | $33,690 | $63,040 | $97,150 | $153,210 |
Source: Ownwell
Property Tax Bills Across Shade, Athens County, Ohio
In SHADE, located in Athens County, OH, property tax bills are calculated based on the assessed value of your home. The assessed value is a percentage of the market value, which is determined by the county assessor. Once the assessed value is established, the local tax rate is applied. With a median home price of $63,040, homeowners in SHADE can expect varying tax bills. For instance, the 25th percentile tax bill is around $511, while the 75th percentile reaches $1,584. The top 10% of homeowners face tax bills as high as $2,377. These property taxes fund essential community services such as schools, emergency services, and infrastructure. Compared to the national median property tax rate of 0.99%, SHADE's tax rates can influence housing affordability and the overall cost of living. Higher property taxes can lead to increased monthly expenses for homeowners, impacting their financial planning and long-term investment in their properties.
Average Shade Tax Bill
$1,002
Average Athens County Tax Bill
$1,453
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Shade, Athens County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45776 | $192 | $511 | $1,002 | $1,584 | $2,377 |
Source: Ownwell