Gettysburg, Ohio Property Taxes
The median property tax rate in Gettysburg, OH is 1.39%, which is considerably higher than the national median of 0.99%, but lower than the Ohio state median of 1.80%. With the median home value in Gettysburg at $74,940, the typical annual property tax bill reaches $999, which is below the national median of $2,690. Property taxes in Gettysburg 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 Gettysburg'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 Gettysburg 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
Gettysburg, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$1,042
$967
Ownwell’s Gettysburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gettysburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gettysburg 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 Gettysburg, Ohio
Property taxes in Gettysburg, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gettysburg is 1.39%, significantly higher than the U.S. national median of 0.99%. Local government entities within Gettysburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gettysburg 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. Understanding how Gettysburg's effective property tax rate compares to other counties in Ohio and the national median provides valuable insights into the varying tax landscape across Darke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gettysburg Tax Rate
1.39%
Average Darke County Tax Rate
1.34%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gettysburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45328 | 1.02% | 1.39% | 1.39% | 1.42% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Gettysburg, Ohio
In Gettysburg, 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 Darke 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 Gettysburg, 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 Gettysburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Gettysburg is $999 in zip code 45328, while the lowest median tax bill is also $999 in the same zip code. The median home price in Gettysburg is $74,940, with tax bills ranging from $827 at the 25th percentile to $1,611 at the 90th percentile.
Average Gettysburg Assessed Value
$74,940
Average Darke County Assessed Value
$110,800
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gettysburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45328 | $46,620 | $61,770 | $74,940 | $97,560 | $115,530 |
Source: Ownwell
Property Tax Bills Across Gettysburg, Ohio
In Gettysburg, property tax bills are calculated based on the assessed value of a home, which is determined by the county’s assessment office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's location, size, and condition influence the assessed value. In Darke County, where Gettysburg is located, the median home price is $74,940. Homeowners in Gettysburg can expect their property tax bills to fall within a range, with the 25th percentile at $827 and the 75th percentile at $1308. For those at the 90th percentile, the tax bill can reach up to $1611. These figures are compared to the national median property tax rate of 0.99%, illustrating how local tax rates and home values directly affect what homeowners pay. Understanding these factors helps homeowners anticipate their annual financial obligations and plan accordingly.
Average Gettysburg Tax Bill
$999
Average Darke County Tax Bill
$1,406
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Gettysburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45328 | $535 | $827 | $999 | $1,308 | $1,611 |
Source: Ownwell