Belmont, Belmont County, Ohio Property Taxes
Median Belmont, OH effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Belmont, OH home value: $108,330
Median annual Belmont, OH tax bill: $1,216, $1,184 lower than the national median property tax bill of $2,400.
How are property taxes in Belmont calculated?
Property taxes in Belmont, OH are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Belmont’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Belmont, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Belmont, Belmont County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.17%
Estimate Property Tax Bill
$1,267
$1,176
Property Tax Rates Across Belmont, Belmont County, Ohio
Local government entities are responsible for setting property tax rates, and these can vary significantly within a state. Each year, counties estimate their budget needs for public services and divide this by the total assessed value of all taxable properties in their jurisdiction, resulting in the property tax rate. This process, while subject to votes and local laws, is the crux of how property tax rates are determined annually.
In Belmont, Ohio, the effective property tax rate is 1.17%, aligning with both the highest and lowest median tax rates in the region. This rate is above the national median property tax rate of 1.02%, indicating a relatively higher tax burden for property owners in Belmont compared to many other areas in the United States.
Understanding these rates is crucial for property owners looking to manage their expenses effectively. By comparing Belmont's property tax rate to the national average, residents can gain insight into their local tax environment and explore potential savings through property tax appeals and exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Belmont Tax Rate
1.17%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Belmont County Tax Rate
1.29%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Belmont, Belmont County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43718 | 0.98% | 1.12% | 1.17% | 1.24% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Belmont, Belmont County, Ohio
When examining property taxes in Belmont, Ohio, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Belmont County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Belmont County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Belmont. For example, the median home price in Belmont is $108,330, with tax bills ranging significantly across the county. Zip code 43718 has the highest median home price at $108,330.
Property Tax Assessment Values Across Belmont, Belmont County, Ohio
Source: Ownwell
$16,435
$80,833
$145,230
Median Belmont Market Value
$108,330
Median Belmont County Market Value
$74,065
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Belmont, Belmont County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43718 | $13,020 | $46,995 | $108,330 | $216,565 | $349,460 |
Source: Ownwell
Property Tax Bills Across Belmont, Belmont County, Ohio
Median Belmont Tax Bill
$1,216
Median Belmont County Tax Bill
$992
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Belmont, Belmont County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43718 | $138 | $504 | $1,216 | $2,481 | $4,027 |
Source: Ownwell