Dellroy, Ohio Property Taxes
The median property tax rate in Dellroy, OH is 1.38%, which is notably higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With the median home value in Dellroy at $116,620, the typical annual property tax bill amounts to $1,584, which is below the national median of $2,690. Property taxes in Dellroy are calculated based on the assessed value, which is often less than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Dellroy'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 Dellroy 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
Dellroy, 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 Dellroy Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dellroy with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dellroy 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 Dellroy, Ohio
Property taxes in Dellroy, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dellroy is 1.38%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Dellroy set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dellroy 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 Dellroy's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 44620 has both the highest and lowest median property tax rate of 1.38%. Understanding how these cities compare with Dellroy 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 Dellroy Tax Rate
1.38%
Average Carroll County Tax Rate
1.41%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dellroy, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44620 | 1.02% | 1.27% | 1.38% | 1.52% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Dellroy, Ohio
In Dellroy, 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 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. Assessment notices in Dellroy 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 Dellroy helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Dellroy's median home price stands at $116,620, with tax bills ranging from $830 at the 25th percentile to $3,299 at the 90th percentile. The zip code 44620 has the highest and lowest median tax bill of $1,584.
Average Dellroy Assessed Value
$116,620
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 Dellroy, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44620 | $10,197 | $56,212 | $116,620 | $178,868 | $252,935 |
Source: Ownwell
Property Tax Bills Across Dellroy, Ohio
In Dellroy, located in Carroll County, OH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the property's market value, which is determined by county assessors. Factors such as the property's location, size, and condition are considered in the valuation process. Once the assessed value is established, the tax rate is applied to determine the annual property tax bill. For homeowners in Dellroy, the median home price is $116,620. The property tax rate in this area results in a median tax bill of $1,584, which is higher than the national median property tax rate of 0.99%. Homeowners in the 25th percentile pay around $830, while those in the 75th percentile face bills of approximately $2,397. At the 90th percentile, tax bills can reach up to $3,299. These tax obligations can significantly impact household budgets, making it crucial for homeowners to understand how their property tax bills are determined.
Average Dellroy Tax Bill
$1,584
Average Carroll County Tax Bill
$1,225
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Dellroy, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44620 | $197 | $830 | $1,584 | $2,397 | $3,299 |
Source: Ownwell