Catawba, Ohio Property Taxes
The median property tax rate in Catawba, OH is 1.45%, which is significantly higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With the median home value in Catawba at $81,455, the typical annual property tax bill comes to $1,202, still below the national median of $2,690. Property taxes in Catawba 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 Catawba'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 Catawba or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Catawba, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$1,181
$1,096
Ownwell’s Catawba Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Catawba with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Catawba 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 Catawba, Ohio
Property taxes in Catawba, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Catawba is 1.45%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Catawba set these rates annually, and they can vary significantly across different neighborhoods. Each year, Catawba 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 Catawba's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43010 zip code has both the highest and lowest median property tax rate of 1.45%. Understanding how these areas compare with Catawba provides valuable insights into the varying tax landscape across Clark County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Catawba Tax Rate
1.45%
Average Clark County Tax Rate
1.69%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Catawba, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43010 | 0.83% | 1.45% | 1.45% | 1.48% | 2.37% |
Source: Ownwell
Property Tax Assessment Values Across Catawba, Ohio
In Catawba, 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 Clark 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 Catawba, 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. For instance, the median home price in Catawba is $81,455, with tax bills ranging from $884 at the 25th percentile to $2,319 at the 90th percentile. The zip code 43010 has the highest median tax bill of $1,202. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Catawba Assessed Value
$81,455
Average Clark County Assessed Value
$117,390
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Catawba, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43010 | $38,087 | $61,335 | $81,455 | $115,575 | $144,120 |
Source: Ownwell
Property Tax Bills Across Catawba, Ohio
In Catawba, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For instance, with a median home price of $81,455, homeowners in Catawba can expect different tax bills depending on their property's assessed value. Factors such as the property's location, size, and condition play a crucial role in determining its assessed value. The tax bills in Catawba vary widely, with the 25th percentile at $884 and the 75th percentile at $1,790. The 90th percentile tax bill can go up to $2,319, reflecting the higher end of the property market. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Catawba's property tax rates can be seen as relatively moderate, offering a balanced approach to funding essential community services.
Average Catawba Tax Bill
$1,202
Average Clark County Tax Bill
$1,871
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Catawba, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43010 | $560 | $884 | $1,202 | $1,790 | $2,319 |
Source: Ownwell