Saint Paris, Ohio Property Taxes
The median property tax rate in Saint Paris, OH is 1.30%, which is significantly higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $140,220 in Saint Paris, the typical annual property tax bill is $1,859, falling below the national median of $2,690. Property taxes in Saint Paris are calculated based on the tax assessed value, which is generally lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Saint Paris's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Saint Paris or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Paris, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$1,823
$1,692
Ownwell’s Saint Paris Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Paris with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Paris 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 Saint Paris, Ohio
Property taxes in Saint Paris, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Paris is 1.30%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Saint Paris set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Paris 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 Saint Paris's effective property tax rate to other areas in Ohio and the national median. For comparison, the 43072 zip code has the highest median property tax rate of 1.30%, while the same zip code also has the lowest median tax rate of 1.30%. Understanding how these areas compare with Saint Paris provides valuable insights into the varying tax landscape across Champaign County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Paris Tax Rate
1.30%
Average Champaign County Tax Rate
1.33%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Paris, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43072 | 0.80% | 1.14% | 1.30% | 1.42% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Saint Paris, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Saint Paris, 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 Champaign 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 Saint Paris, 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 Saint Paris helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1859 in the 43072 zip code, which also has the lowest median tax bill at $1859.
Average Saint Paris Assessed Value
$140,220
Average Champaign County Assessed Value
$139,430
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Paris, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43072 | $10,162 | $83,082 | $140,220 | $217,582 | $349,606 |
Source: Ownwell
Property Tax Bills Across Saint Paris, Ohio
In Saint Paris, located in Champaign County, OH, property tax bills are determined by assessing the market value of a home and applying the local tax rate to that value. The median home price in this area is $140,220. Factors such as property size, location, and improvements can influence the assessed value. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. For instance, homeowners in Saint Paris can expect a tax bill ranging from $1,215 at the 25th percentile to $3,788 at the 90th percentile. The median property tax bill in the area is $1,859, which is significantly lower than the national median property tax rate of 0.99%. This relatively lower tax burden can make homeownership more affordable in Saint Paris compared to other regions. Understanding these factors helps homeowners anticipate their annual property tax expenses and manage their financial planning more effectively.
Average Saint Paris Tax Bill
$1,859
Average Champaign County Tax Bill
$1,926
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Paris, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43072 | $537 | $1,215 | $1,859 | $2,731 | $3,788 |
Source: Ownwell