San Diego, Ohio Property Taxes
The median property tax rate in San Diego, OH is 1.40%, which is notably higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $92,920 in San Diego, the typical annual property tax bill amounts to $1,304, falling below the national median of $2,690. Property taxes in San Diego are determined based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Navigating San Diego's property tax system, understanding available exemptions, and seeking opportunities for tax reductions can result in substantial annual savings. Whether you reside in the heart of San Diego or its surrounding areas, a thorough grasp of the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
San Diego, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$1,301
Ownwell’s SAN DIEGO Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SAN DIEGO with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SAN DIEGO 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 San Diego, Ohio
Property taxes in San Diego, Ohio, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in San Diego is 1.40%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within San Diego set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Diego 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 San Diego's effective property tax rate to other counties in Ohio and the national median. For comparison, the 92101 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 areas compare with San Diego provides valuable insights into the varying tax landscape across Butler County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average San Diego Tax Rate
1.40%
Average Butler County Tax Rate
1.23%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Diego, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92101 | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across San Diego, Ohio
In San Diego, 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 Butler 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 San Diego, 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 San Diego helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 92101 at $1,304, which is also the lowest median tax bill in the area.
Average San Diego Assessed Value
$92,920
Average Butler County Assessed Value
$217,015
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across San Diego, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92101 | $92,920 | $92,920 | $92,920 | $92,920 | $92,920 |
Source: Ownwell
Property Tax Bills Across San Diego, Ohio
In San Diego, property tax bills are determined based on the assessed value of your home, which is calculated by the county assessor. This assessed value is then multiplied by the local tax rate to determine your annual property tax bill. For homeowners in Butler County, the median home price is $92,920, and the property tax rate is notably higher than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the assessed value of the property, any applicable exemptions, and the specific tax rate set by local authorities. In this region, the median property tax bill is $1,304, which is consistent across various percentiles, indicating a uniform rate application. High property taxes can significantly impact homeowners by increasing the overall cost of owning a home. For those in the 92101 zip code, this consistent tax bill highlights the importance of understanding local property tax regulations and planning accordingly to manage financial obligations effectively.
Average San Diego Tax Bill
$1,304
Average Butler County Tax Bill
$2,621
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across San Diego, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92101 | $1,304 | $1,304 | $1,304 | $1,304 | $1,304 |
Source: Ownwell