Jewett, Carroll County, Ohio Property Taxes
The median property tax rate in Jewett, OH is 1.13%, slightly higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Jewett at $163,020, the typical annual property tax bill amounts to $1,661, which is below the national median of $2,690. Property taxes in Jewett are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Familiarizing yourself with Jewett's property tax system and exploring available exemptions can lead to substantial annual savings. Whether you're in the heart of Jewett or another part of Carroll County, understanding the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Jewett, Carroll County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$1,842
$1,709
Ownwell’s Jewett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jewett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jewett 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 Jewett, Carroll County, Ohio
Property taxes in Jewett, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jewett is 1.13%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Jewett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jewett 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 Jewett's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43986 zip code has the highest median property tax rate of 1.13%, while the same zip code also has the lowest median tax rate of 1.13%. Understanding how these cities compare with Jewett 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 Jewett Tax Rate
1.13%
Average Carroll County Tax Rate
1.41%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jewett, Carroll County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43986 | 0.63% | 1.02% | 1.13% | 1.34% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Jewett, Carroll County, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Jewett, Ohio. 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 Jewett, 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 Jewett helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1661.00, found in the 43986 zip code.
Property Tax Assessment Values Across Jewett, Carroll County, Ohio
Source: Ownwell
$3,000
$83,010
$163,020
Average Jewett Assessed Value
$163,020
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 Jewett, Carroll County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43986 | $23,000 | $111,700 | $163,020 | $216,540 | $357,908 |
Source: Ownwell
Property Tax Bills Across Jewett, Carroll County, Ohio
In Jewett, located in Carroll County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value typically represents a percentage of the property's market value. For homeowners in Jewett, the median home price stands at $163,020. Property tax rates in this region are influenced by local government budgets, school funding, and other community needs. A homeowner in Jewett can expect their property tax bill to vary significantly. For instance, the 25th percentile tax bill is around $1,257, while the 75th percentile reaches $2,509. At the 90th percentile, the tax bill can be as high as $3,159. These figures highlight the range of tax liabilities that homeowners might face, depending on the assessed value of their property. Comparatively, the national median property tax rate is 0.99%. Understanding these factors helps homeowners in Jewett anticipate their financial responsibilities and plan accordingly for their annual property tax payments.
Average Jewett Tax Bill
$1,661
Average Carroll County Tax Bill
$1,225
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Jewett, Carroll County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43986 | $312 | $1,257 | $1,661 | $2,509 | $3,159 |
Source: Ownwell