Union City, Ohio Property Taxes
The median property tax rate in Union City, OH is 1.25%, which is higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $67,970 in Union City, the typical annual property tax bill amounts to $832, falling below the national median of $2,690. Property taxes in Union City are based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Union City'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 Union City or another part of Darke County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Union City, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$850
$788
Ownwell’s Union City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Union City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Union City 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 Union City, Ohio
Property taxes in Union City, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Union City is 1.25%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Union City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Union City 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 Union City's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45390 zip code has the highest median property tax rate of 1.25%, while the same zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with Union City 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 Union City Tax Rate
1.25%
Average Darke County Tax Rate
1.34%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Union City, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45390 | 0.85% | 1.20% | 1.25% | 1.36% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Union City, Ohio
In Union City, 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 Union City, 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 Union City is $67,970. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The zip code with the highest median tax bill is 45390, with a bill of $832. Being aware of these valuation processes in Union City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Union City Assessed Value
$67,970
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 Union City, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45390 | $27,350 | $45,630 | $67,970 | $109,430 | $158,308 |
Source: Ownwell
Property Tax Bills Across Union City, Ohio
In Union City, located in Darke County, OH, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor's office and typically represents a percentage of the market value of the property. The tax rate applied to this assessed value is then used to calculate the annual property tax bill. Several factors influence the tax bill, including the property's location, size, and any improvements made. For homeowners in Union City, property tax bills can vary significantly. The median home price is $67,970, and tax bills range widely. For instance, at the 25th percentile, homeowners might pay around $528, while those at the 75th percentile could see bills as high as $1,270. At the 90th percentile, the tax bill can reach up to $1,823. Compared to the national median property tax rate of 0.99%, Union City's rates reflect the local economic conditions and property values, directly impacting homeowners' annual financial obligations.
Average Union City Tax Bill
$832
Average Darke County Tax Bill
$1,406
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Union City, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45390 | $336 | $528 | $832 | $1,270 | $1,823 |
Source: Ownwell