Trimble, Ohio Property Taxes
The median property tax rate in Trimble, OH is 1.74%, which is higher than the national median of 0.99% but slightly below the Ohio state median of 1.80%. With a median home value of $30,130 in Trimble, the typical annual property tax bill amounts to $576, significantly lower than the national median of $2,690. Property taxes in Trimble are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Navigating Trimble's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial yearly savings. Whether you reside in the heart of Trimble or another part of Athens County, understanding the local property tax system can greatly benefit homeowners and real estate investors alike.
Last Updated June 14, 2024
Trimble, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.74%
Estimate Property Tax Bill
$524
$487
Ownwell’s Trimble Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Trimble with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Trimble 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 Trimble, Ohio
Property taxes in Trimble, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Trimble stands at 1.24%, which is higher than both the Ohio state median of 1.36% and the U.S. national median of 0.99%. Local government entities within Trimble set these rates annually, and they can vary significantly across different neighborhoods. Each year, Trimble 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 Trimble's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45782 zip code has the highest median property tax rate of 1.24%, while the same zip code also has the lowest median tax rate of 1.24%. Understanding how these cities compare with Trimble 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 Trimble Tax Rate
1.74%
Average Athens County Tax Rate
1.77%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Trimble, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45782 | 1.00% | 1.69% | 1.74% | 1.82% | 4.02% |
Source: Ownwell
Property Tax Assessment Values Across Trimble, Ohio
In Trimble, 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 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 Trimble, 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. Trimble's median home price is $30,130, with annual tax bills ranging from $169 at the 25th percentile to $1,464 at the 90th percentile. 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 Trimble helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Trimble Assessed Value
$30,130
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 Trimble, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45782 | $4,716 | $6,930 | $30,130 | $47,830 | $75,726 |
Source: Ownwell
Property Tax Bills Across Trimble, Ohio
In Trimble, located in Athens County, OH, property tax bills are calculated based on the assessed value of the property. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as the property's location, size, and market conditions significantly influence the assessed value. For example, homes in Trimble have a median home price of $30,130, which serves as a baseline for tax calculations. Homeowners in Trimble can expect a wide range of tax bills. The 25th percentile tax bill is $169, while the 75th percentile reaches $986. At the higher end, the 90th percentile tax bill can go up to $1,464. This variability means that homeowners with more valuable properties or those in certain areas may face higher tax bills. Comparing this to the national median property tax rate of 0.99%, Trimble's tax rates can significantly impact homeowners, influencing their overall cost of living and financial planning.
Average Trimble Tax Bill
$576
Average Athens County Tax Bill
$1,453
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Trimble, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45782 | $80 | $169 | $576 | $986 | $1,464 |
Source: Ownwell