Washingtonville, Ohio Property Taxes
The median property tax rate in Washingtonville, OH is 1.47%, considerably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $60,400 in Washingtonville, the typical annual property tax bill amounts to $835, which is significantly below the national median of $2,690. Property taxes in Washingtonville 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 Washingtonville'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 Washingtonville or another part of Columbiana County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Washingtonville, 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 Washingtonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Washingtonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Washingtonville 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 Washingtonville, Ohio
Property taxes in Washingtonville, Ohio, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Washingtonville is 1.47%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Washingtonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Washingtonville 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 Washingtonville's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44490 zip code has both the highest and lowest median property tax rate of 1.47%. Understanding how these areas compare with Washingtonville provides valuable insights into the varying tax landscape across Columbiana County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Washingtonville Tax Rate
1.47%
Average Columbiana County Tax Rate
1.27%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Washingtonville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44490 | 0.98% | 1.46% | 1.47% | 1.50% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Washingtonville, Ohio
In Washingtonville, 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 Columbiana 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 Washingtonville, 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 Washingtonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $835, found in zip code 44490.
Average Washingtonville Assessed Value
$60,400
Average Columbiana County Assessed Value
$95,700
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Washingtonville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44490 | $20,370 | $47,675 | $60,400 | $76,800 | $97,800 |
Source: Ownwell
Property Tax Bills Across Washingtonville, Ohio
In Washingtonville, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the Columbiana County assessor and is a percentage of the property's market value. Homeowners in Washingtonville can expect their tax bills to vary significantly based on the assessed value of their properties. For instance, the median home price in the area is $60,400. Tax bills in Washingtonville show considerable range; the 25th percentile tax bill is approximately $635, while the 75th percentile tax bill rises to about $1,054, and the 90th percentile tax bill can reach up to $1,463. These figures highlight the variability in property taxes, influenced by factors like property size, location, and market conditions. Given that the national median property tax rate is 0.99%, homeowners in Washingtonville may find their rates competitive or slightly higher depending on their specific circumstances. Understanding these factors can help homeowners better anticipate their annual property tax obligations and manage their finances accordingly.
Average Washingtonville Tax Bill
$835
Average Columbiana County Tax Bill
$1,157
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Washingtonville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44490 | $264 | $635 | $835 | $1,054 | $1,463 |
Source: Ownwell