Sabina, Ohio Property Taxes
The median property tax rate in Sabina, OH is 1.77%, slightly lower than the state median of 1.80% but still notably higher than the national median of 0.99%. With a median home value of $77,155 in Sabina, the typical annual property tax bill is around $1,357, which is below the national median of $2,690. Property taxes in Sabina are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sabina'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 Sabina or another part of Clinton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sabina, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.77%
Estimate Property Tax Bill
$1,366
$1,267
Ownwell’s Sabina Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sabina with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sabina 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 Sabina, Ohio
Property taxes in Sabina, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sabina is 1.77%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Sabina set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sabina 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 Sabina's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45169 zip code has the highest median property tax rate of 1.77%, while the same zip code also has the lowest median tax rate of 1.77%. Understanding how these areas compare with Sabina provides valuable insights into the varying tax landscape across Clinton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sabina Tax Rate
1.77%
Average Clinton County Tax Rate
1.56%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sabina, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45169 | 1.38% | 1.58% | 1.77% | 2.01% | 2.34% |
Source: Ownwell
Property Tax Assessment Values Across Sabina, Ohio
In Sabina, 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 Clinton 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 Sabina, 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 Sabina helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Sabina are both $1,357, found in the 45169 zip code.
Average Sabina Assessed Value
$77,155
Average Clinton County Assessed Value
$106,220
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sabina, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45169 | $13,031 | $49,018 | $77,155 | $116,022 | $174,709 |
Source: Ownwell
Property Tax Bills Across Sabina, Ohio
In Sabina, Clinton County, OH, property tax bills are calculated based on the assessed value of your home, which differs from its market value. The assessed value is determined by local tax assessors and is a percentage of the market value. The tax rate is applied to this assessed value to calculate the tax bill. Homeowners in Sabina face varying tax bills depending on the value of their property. For instance, the median home price is $77,155, leading to a range of tax bills. At the 25th percentile, homeowners pay around $857, while those at the 75th percentile see bills up to $2,128. The top 10% of homeowners face even higher bills, with amounts reaching $3,040. Compared to the national median property tax rate of 0.99%, the tax burden in Sabina can significantly impact household budgets. Understanding these factors is crucial for homeowners to manage their finances and anticipate annual property tax obligations.
Average Sabina Tax Bill
$1,357
Average Clinton County Tax Bill
$1,728
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Sabina, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45169 | $276 | $857 | $1,357 | $2,128 | $3,040 |
Source: Ownwell