Antwerp, Ohio Property Taxes
The median property tax rate in Antwerp, OH is 1.12%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $160,640, the typical annual property tax bill in Antwerp is $1,993, falling below the national median of $2,690. Property taxes in Antwerp are determined based on the assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Navigating Antwerp's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're residing in the heart of Antwerp or elsewhere in the city, a thorough understanding of the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Antwerp, 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 Antwerp Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Antwerp with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Antwerp 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 Antwerp, Ohio
Property taxes in Antwerp, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Antwerp is 1.12%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Antwerp set these rates annually, and they can vary significantly across different neighborhoods. Each year, Antwerp 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 Antwerp's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45813 zip code has the highest median property tax rate of 1.12%, while the same zip code has the lowest median tax rate of 1.12%. Understanding how these cities compare with Antwerp provides valuable insights into the varying tax landscape across Defiance County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Antwerp Tax Rate
1.12%
Average Defiance County Tax Rate
1.30%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Antwerp, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45813 | 0.78% | 0.97% | 1.12% | 1.24% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Antwerp, Ohio
In Antwerp, 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 Defiance County Auditor 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 Antwerp, 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 Antwerp helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 45813, with a median tax bill of $1,993.
Average Antwerp Assessed Value
$160,640
Average Defiance County Assessed Value
$127,250
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Antwerp, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45813 | $90,002 | $125,510 | $160,640 | $280,020 | $459,930 |
Source: Ownwell
Property Tax Bills Across Antwerp, Ohio
Property tax bills in Antwerp, located in Defiance County, OH, are calculated based on the assessed value of the property, which is determined by local assessors. The assessed value typically reflects a percentage of the property's market value. Homeowners in Antwerp can expect their property tax bills to vary within a wide range. For instance, the tax bill at the 25th percentile is around $1,214, while it jumps to $3,138 at the 75th percentile, and can go as high as $3,530 at the 90th percentile. Several factors influence these tax bills, including the property's location, size, and improvements. The median home price in Antwerp is approximately $160,640, and the property tax rate in Defiance County is relatively aligned with the national median property tax rate of 0.99%. Homeowners should be aware that higher assessed values and additional property enhancements can lead to increased tax liabilities, impacting their overall expenses. Understanding these factors can help homeowners anticipate and manage their property tax obligations effectively.
Average Antwerp Tax Bill
$1,993
Average Defiance County Tax Bill
$1,657
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Antwerp, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45813 | $992 | $1,214 | $1,993 | $3,138 | $3,530 |
Source: Ownwell