Pleasant Plain, Ohio Property Taxes
The median property tax rate in Pleasant Plain, OH is 2.43%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Pleasant Plain at $115,800, the typical annual property tax bill reaches $3,505, exceeding the national median of $2,690. Property taxes in Pleasant Plain 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 Pleasant Plain'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 Pleasant Plain 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
Pleasant Plain, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.43%
Estimate Property Tax Bill
$2,814
Ownwell’s Pleasant Plain Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pleasant Plain with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pleasant Plain 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 Pleasant Plain, Ohio
Property taxes in Pleasant Plain, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pleasant Plain is 2.43%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Pleasant Plain set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pleasant Plain 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 Pleasant Plain's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45162 zip code has the highest median property tax rate of 2.43%, while the same zip code also has the lowest median tax rate of 2.43%. Understanding how these areas compare with Pleasant Plain provides valuable insights into the varying tax landscape across Clermont County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pleasant Plain Tax Rate
2.43%
Average Clermont County Tax Rate
4.63%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pleasant Plain, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45162 | 2.37% | 2.41% | 2.43% | 3.44% | 3.53% |
Source: Ownwell
Property Tax Assessment Values Across Pleasant Plain, Ohio
In Pleasant Plain, Ohio, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents 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 Clermont 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 in Pleasant Plain 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. The median home price in Pleasant Plain is $115,800, with tax bills ranging from $2,289 at the 25th percentile to $6,269 at the 90th percentile. The zip code 45162 has both the highest and lowest median tax bill at $3,505. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pleasant Plain Assessed Value
$115,800
Average Clermont County Assessed Value
$145,600
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pleasant Plain, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45162 | $8,930 | $73,025 | $115,800 | $172,900 | $228,100 |
Source: Ownwell
Property Tax Bills Across Pleasant Plain, Ohio
In Pleasant Plain, located in Clermont County, OH, property tax bills are determined by assessing the value of a property, which is then multiplied by the local tax rate. The assessed value typically reflects a percentage of the property's market value. For homeowners in Pleasant Plain, the median home price is $115,800, and the local property tax rate plays a crucial role in calculating the final tax bill. Factors such as property location, size, and any applicable exemptions are considered when determining the assessed value. Homeowners in this area can expect their tax bills to vary significantly; the 25th percentile tax bill is $2,289, while the 75th percentile tax bill reaches $4,828. For those in the 90th percentile, the tax bill can be as high as $6,269. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax obligations. These property taxes fund essential community services, impacting homeowners by contributing to local schools, infrastructure, and public safety.
Average Pleasant Plain Tax Bill
$3,505
Average Clermont County Tax Bill
$6,844
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Pleasant Plain, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45162 | $1,497 | $2,289 | $3,505 | $4,828 | $6,269 |
Source: Ownwell