Barton, Ohio Property Taxes
The median property tax rate in Barton, Ohio is 1.27%, which is notably higher than the national median of 0.99% but below Ohio's state median of 1.80%. With the median home value in Barton being $45,440, the typical annual property tax bill amounts to $500, which is significantly lower than the national median of $2,690. Property taxes in Barton are based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Barton'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 Barton or another part of Belmont County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Barton, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$577
$536
Ownwell’s Barton Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Barton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Barton to provide an accurate property tax bill estimate. This valuable tool helps you understand potential tax liabilities, making it easier to budget and plan. For those interested in more detailed insights, neighborhood-level trends are available further down the page. Your property's assessed value, determined by the county, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Barton, Ohio
Property taxes in Barton, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Barton is 1.27%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Barton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Barton 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 Barton's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43905 zip code has the highest median property tax rate of 1.27%, while the same zip code also has the lowest median tax rate of 1.27%. Understanding how these areas compare with Barton provides valuable insights into the varying tax landscape across Belmont County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Barton Tax Rate
1.27%
Average Belmont County Tax Rate
1.29%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Barton, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43905 | 0.44% | 0.63% | 1.27% | 1.31% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Barton, Ohio
In Barton, 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 Belmont 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 Barton, 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 Barton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Barton is $500.00 in zip code 43905, while the lowest is also $500.00 in the same zip code.
Average Barton Assessed Value
$45,440
Average Belmont County Assessed Value
$74,065
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Barton, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43905 | $33,473 | $38,772 | $45,440 | $51,992 | $60,152 |
Source: Ownwell
Property Tax Bills Across Barton, Ohio
In Barton, located in Belmont County, OH, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Various factors, such as property size, location, and any applicable exemptions, play a role in determining the assessed value. For instance, the median home price in Barton is $45,440, and homeowners can expect tax bills ranging from approximately $286 at the 25th percentile to $737 at the 90th percentile. Compared to the national median property tax rate of 0.99%, Barton's tax rates can be considered relatively moderate. This affects homeowners by providing a predictable annual expense that can be factored into their overall housing costs. Understanding these calculations helps homeowners in Barton plan their finances more effectively and explore potential savings through available exemptions or appeals.
Average Barton Tax Bill
$500
Average Belmont County Tax Bill
$992
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Barton, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43905 | $175 | $286 | $500 | $660 | $737 |
Source: Ownwell