Enon, Ohio Property Taxes
The median property tax rate in Enon, OH is 1.85%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Enon at $147,120, the typical annual property tax bill reaches $2,613, which is slightly below the national median of $2,690. Property taxes in Enon are calculated based on the tax-assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Enon'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 Enon 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
Enon, 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 Enon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Enon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Enon 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 Enon, Ohio
Property taxes in Enon, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Enon is 1.85%, significantly higher than the U.S. national median of 0.99%. Local government entities within Enon set these rates annually, and they can vary across different neighborhoods. Each year, Enon 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 Enon's effective property tax rate to other areas and the national median. For comparison, the 45323 zip code has the highest median property tax rate of 1.85%, while the same zip code also has the lowest median tax rate of 1.85%. Understanding how these areas compare with Enon 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 Enon Tax Rate
1.85%
Average Clark County Tax Rate
1.69%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Enon, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45323 | 1.28% | 1.70% | 1.85% | 2.01% | 2.05% |
Source: Ownwell
Property Tax Assessment Values Across Enon, Ohio
In Enon, 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 Enon, 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 median home price in Enon is $147,120, with the 25th percentile tax bill at $2,089 and the 75th percentile at $3,563. The highest and lowest median tax bills are both $2,613 in the 45323 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Enon Assessed Value
$147,120
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 Enon, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45323 | $107,299 | $123,845 | $147,120 | $190,795 | $248,872 |
Source: Ownwell
Property Tax Bills Across Enon, Ohio
In Enon, Ohio, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in Enon is $147,120. Property taxes in Clark County are determined by multiplying the assessed value by the local tax rate, which is then adjusted with any applicable exemptions or deductions. Homeowners in Enon can expect a wide range of property tax bills. At the 25th percentile, tax bills are around $2,089, while at the 75th percentile, they can reach up to $3,563. The top 10% of tax bills even go as high as $4,838. These figures indicate that property taxes in Enon can significantly impact household budgets, especially when compared to the national median property tax rate of 0.99%. Understanding these factors can help homeowners better anticipate their annual expenses and plan accordingly, ensuring they are prepared for their property tax obligations.
Average Enon Tax Bill
$2,613
Average Clark County Tax Bill
$1,871
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Enon, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45323 | $1,611 | $2,089 | $2,613 | $3,563 | $4,838 |
Source: Ownwell