Buckland, Ohio Property Taxes
The median property tax rate in Buckland, OH is 1.40%, which is higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Buckland at $74,620, the typical annual property tax bill reaches $1,028, exceeding the national median of $2,690. Property taxes in Buckland 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 Buckland'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 Buckland 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
Buckland, 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 Buckland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Buckland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Buckland 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 Buckland, Ohio
Property taxes in Buckland, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Buckland is 1.40%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Buckland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Buckland 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 Buckland's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45819 zip code has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these cities compare with Buckland provides valuable insights into the varying tax landscape across Auglaize County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Buckland Tax Rate
1.40%
Average Auglaize County Tax Rate
1.86%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Buckland, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45819 | 1.28% | 1.34% | 1.40% | 1.50% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Buckland, Ohio
In Buckland, 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 Auglaize County Auditor 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 Buckland, 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 Buckland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 45819 in Auglaize County has the highest and lowest median tax bill, both at $1,028, which offers a benchmark for property owners in the area.
Average Buckland Assessed Value
$74,620
Average Auglaize County Assessed Value
$135,635
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Buckland, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45819 | $6,380 | $48,450 | $74,620 | $92,735 | $111,510 |
Source: Ownwell
Property Tax Bills Across Buckland, Ohio
In Buckland, located in Auglaize County, OH, property tax bills are calculated based on the assessed value of a home. This assessed value is typically a percentage of the property's market value. Local tax rates, which are applied to this assessed value, determine the final property tax bill. Various factors, such as property location, size, and improvements, influence the assessed value, while local government budgets and tax levies affect the tax rate. For homeowners in Buckland, the median home price is $74,620. Property tax bills can vary significantly, with the 25th percentile tax bill at $751 and the 75th percentile reaching $1,287. The 90th percentile tax bill is $1,554, reflecting the upper range of what homeowners might expect to pay. Comparatively, the national median property tax rate is 0.99%. Understanding these factors can help homeowners anticipate their tax liabilities and plan their finances accordingly.
Average Buckland Tax Bill
$1,028
Average Auglaize County Tax Bill
$2,263
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Buckland, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45819 | $106 | $751 | $1,028 | $1,287 | $1,554 |
Source: Ownwell