Plainfield, Ohio Property Taxes
The median property tax rate in Plainfield, Ohio is 1.30%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Plainfield, the typical annual property tax bill reaches $712, significantly below the national median of $2,690. Property taxes in Plainfield 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 Plainfield'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 Plainfield 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
Plainfield, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$824
$765
Ownwell’s Plainfield Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Plainfield with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Plainfield to project your property tax bill. This valuable tool provides insight into potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is determined by the county for property tax purposes, considering any applicable exemptions.
Property Tax Rates Across Plainfield, Ohio
Property taxes in Plainfield, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plainfield is 1.30%, notably higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Plainfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plainfield 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 Plainfield's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43836 zip code has the highest median property tax rate of 1.30%, while the 43836 zip code also has the lowest median tax rate of 1.30%. Understanding how these cities compare with Plainfield provides valuable insights into the varying tax landscape across Coshocton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Plainfield Tax Rate
1.30%
Average Coshocton County Tax Rate
1.34%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plainfield, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43836 | 0.84% | 1.28% | 1.30% | 1.32% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Plainfield, Ohio
In Plainfield, 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 Coshocton 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 Plainfield, 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. The median home price in Plainfield is $63,375, with tax bills ranging from $584 at the 25th percentile to $1,238 at the 90th percentile. The highest and lowest median tax bills, both at $712, are found in the zip code 43836. 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 Plainfield helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Plainfield Assessed Value
$63,375
Average Coshocton County Assessed Value
$88,930
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Plainfield, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43836 | $22,297 | $50,540 | $63,375 | $80,260 | $95,620 |
Source: Ownwell
Property Tax Bills Across Plainfield, Ohio
In Plainfield, located in Coshocton County, OH, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is determined by the county assessor and is a percentage of the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $63,375 in Plainfield, homeowners can expect their tax bills to vary. The 25th percentile tax bill is approximately $584, while the 75th percentile reaches around $968. At the 90th percentile, homeowners might see tax bills as high as $1,238. These figures illustrate the range of property tax burdens homeowners might face, depending on their property's assessed value. Compared to the national median property tax rate of 0.99%, Plainfield's property tax rates highlight the variability in tax burdens across different regions. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Plainfield Tax Bill
$712
Average Coshocton County Tax Bill
$1,140
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Plainfield, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43836 | $265 | $584 | $712 | $968 | $1,238 |
Source: Ownwell