South Vienna, Ohio Property Taxes
The median property tax rate in South Vienna, OH is 1.47%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $185,600 in South Vienna, the typical annual property tax bill amounts to $2,651, slightly below the national median of $2,690. Property taxes in South Vienna are determined 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 South Vienna's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of South Vienna or another part of Clark County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
South Vienna, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.47%
Estimate Property Tax Bill
$2,728
$2,532
Ownwell’s South Vienna Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in South Vienna. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in South Vienna to provide an accurate estimate of your property tax bill. This user-friendly tool offers a clear understanding of your potential tax liabilities, ensuring you are well-prepared for any financial commitments. For those interested in more detailed insights, you can explore neighborhood-level trends by scrolling down. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across South Vienna, Ohio
Property taxes in South Vienna, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in South Vienna is 1.47%, which is notably higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within South Vienna set these rates annually, and they can vary significantly across different neighborhoods. Each year, South Vienna 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 South Vienna's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45369 zip code has the highest median property tax rate of 1.47%, while the 45369 zip code also has the lowest median tax rate of 1.47%. Understanding how these cities compare with South Vienna 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 South Vienna Tax Rate
1.47%
Average Clark County Tax Rate
1.69%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Vienna, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45369 | 1.10% | 1.44% | 1.47% | 1.49% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across South Vienna, Ohio
In South Vienna, 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. 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 South Vienna helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in the area is $2651.00 in the 45369 zip code.
Average South Vienna Assessed Value
$185,600
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 South Vienna, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45369 | $83,692 | $129,760 | $185,600 | $242,278 | $327,530 |
Source: Ownwell
Property Tax Bills Across South Vienna, Ohio
In South Vienna, Clark County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in South Vienna is $185,600, which provides a baseline for estimating tax bills in the area. Factors influencing the tax bill include the property's assessed value and the specific tax rate applied by local authorities. Homeowners in South Vienna can expect their tax bills to vary significantly, with the 25th percentile at $1,667 and the 75th percentile reaching $3,572. For those at the 90th percentile, the tax bill can go up to $5,114. These property tax rates can significantly impact homeowners, influencing their overall cost of living and potentially affecting property values. Compared to the national median property tax rate of 0.99%, South Vienna's rates reflect the region's specific economic and administrative factors.
Average South Vienna Tax Bill
$2,651
Average Clark County Tax Bill
$1,871
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across South Vienna, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45369 | $969 | $1,667 | $2,651 | $3,572 | $5,114 |
Source: Ownwell