Donnelsville, Ohio Property Taxes
The median property tax rate in Donnelsville, OH is 1.78%, slightly lower than the Ohio state median of 1.80% but significantly higher than the national median of 0.99%. With a median home value of $105,200 in Donnelsville, the typical annual property tax bill amounts to $1,809, which is below the national median of $2,690. Property taxes in Donnelsville are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Donnelsville'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 Donnelsville 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
Donnelsville, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.78%
Estimate Property Tax Bill
$1,873
$1,738
Ownwell’s Donnelsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Donnelsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Donnelsville 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 Donnelsville, Ohio
Property taxes in Donnelsville, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Donnelsville is 1.78%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Donnelsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Donnelsville 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 Donnelsville's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45319 zip code has the highest median property tax rate of 1.78%, while the same zip code also has the lowest median tax rate of 1.78%. Understanding how these cities compare with Donnelsville 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 Donnelsville Tax Rate
1.78%
Average Clark County Tax Rate
1.69%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Donnelsville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45319 | 0.83% | 1.60% | 1.78% | 1.83% | 2.07% |
Source: Ownwell
Property Tax Assessment Values Across Donnelsville, Ohio
In Donnelsville, 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 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. In Donnelsville, 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. The zip code with the highest and lowest median tax bill in Donnelsville is 45319, both at $1,809. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Donnelsville Assessed Value
$105,200
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 Donnelsville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45319 | $65,325 | $84,415 | $105,200 | $202,335 | $264,891 |
Source: Ownwell
Property Tax Bills Across Donnelsville, Ohio
In Donnelsville, property tax bills are calculated based on the assessed value of the property, which is determined by the Clark County Assessor. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Donnelsville experience varying tax bills, with the 25th percentile paying around $1,243 and the 75th percentile facing bills up to $3,586. The highest median tax bill in the area is $1,809, which is significantly lower than the national median property tax rate of 0.99%. This relatively low tax burden makes Donnelsville an appealing option for homeowners looking to manage their expenses. However, higher-value properties can see tax bills reaching up to $4,825, impacting household budgets and financial planning. Understanding these factors can help homeowners anticipate their tax obligations and plan accordingly.
Average Donnelsville Tax Bill
$1,809
Average Clark County Tax Bill
$1,871
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Donnelsville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45319 | $655 | $1,243 | $1,809 | $3,586 | $4,825 |
Source: Ownwell