Augusta, Ohio Property Taxes
The median property tax rate in Augusta, Ohio is 1.44%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Augusta at $76,535, the typical annual property tax bill amounts to $1,088, which is below the national median of $2,690. Property taxes in Augusta are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Augusta'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 Augusta or another part of Carroll County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Augusta, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.44%
Estimate Property Tax Bill
$1,102
Ownwell’s Augusta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Augusta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Augusta 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 Augusta, Ohio
Property taxes in Augusta, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Augusta is 1.44%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Augusta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Augusta 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 Augusta's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44607 zip code has both the highest and the lowest median property tax rate at 1.44%. Understanding how these cities compare with Augusta provides valuable insights into the varying tax landscape across Carroll County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Augusta Tax Rate
1.44%
Average Carroll County Tax Rate
1.41%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Augusta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44607 | 1.42% | 1.43% | 1.44% | 1.45% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Augusta, Ohio
In Augusta, 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 Carroll 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 Augusta, 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. For instance, the median home price in Augusta is $76,535, with tax bills ranging from $785 at the 25th percentile to $1,741 at the 90th percentile. Notably, the zip code 44607 has the highest and lowest median tax bill at $1,088. 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 Augusta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Augusta Assessed Value
$76,535
Average Carroll County Assessed Value
$85,895
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Augusta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44607 | $48,550 | $53,592 | $76,535 | $89,675 | $120,785 |
Source: Ownwell
Property Tax Bills Across Augusta, Ohio
In Augusta, Carroll County, Ohio, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property location, home size, and any applicable exemptions or deductions also play a role in the final tax amount. Homeowners in Augusta experience a range of property tax bills, with the 25th percentile at $785 and the 75th percentile at $1,287. The highest median tax bill in the area is $1,088, significantly lower than the national median property tax rate of 0.99%. This relatively lower tax burden can provide some financial relief to homeowners in the region. However, understanding these factors is crucial for effective financial planning and ensuring that homeowners are not overpaying on their property taxes.
Average Augusta Tax Bill
$1,088
Average Carroll County Tax Bill
$1,225
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Augusta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44607 | $715 | $785 | $1,088 | $1,287 | $1,741 |
Source: Ownwell