Cecil, Defiance County, Ohio Property Taxes
The median property tax rate in Cecil, Ohio is 1.11%, 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 Cecil at $167,720, the typical annual property tax bill is $1,938, significantly below the national median of $2,690. Property taxes in Cecil are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Cecil'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 Cecil or another part of Defiance County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cecil, Defiance County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$1,862
$1,728
Ownwell’s Cecil Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Cecil with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cecil 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 Cecil, Defiance County, Ohio
Property taxes in Cecil, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cecil is 1.11%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Cecil set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cecil 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 Cecil's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45821 zip code has both the highest and lowest median property tax rate of 1.11%. Understanding how these areas compare with Cecil 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 Cecil Tax Rate
1.11%
Average Defiance County Tax Rate
1.30%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cecil, Defiance County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45821 | 0.45% | 0.90% | 1.11% | 1.21% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Cecil, Defiance County, Ohio
In Cecil, 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 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 Cecil, 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. The median home price in Cecil is $167,720, with tax bills ranging from $1,024 at the 25th percentile to $2,702 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Cecil, Defiance County, Ohio
Source: Ownwell
$71,690
$125,170
$178,650
Average Cecil Assessed Value
$167,720
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 Cecil, Defiance County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45821 | $44,464 | $101,805 | $167,720 | $237,695 | $333,638 |
Source: Ownwell
Property Tax Bills Across Cecil, Defiance County, Ohio
In Cecil, Ohio, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Cecil is $167,720. Homeowners in the area can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $1,024, while the 75th percentile reaches approximately $2,411. Those in the 90th percentile face an even higher tax bill of about $2,702. These tax rates are influenced by various factors, including local government budgets, school district funding, and public services. The highest and lowest median tax bills in the area are both recorded at $1,938, specifically in the 45821 zip code. Compared to the national median property tax rate of 0.99%, Cecil's rates can be considered relatively moderate, yet they still represent a significant expense for homeowners. Understanding these factors can help residents better anticipate their annual property tax obligations.
Average Cecil Tax Bill
$1,938
Average Defiance County Tax Bill
$1,657
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Cecil, Defiance County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45821 | $887 | $1,024 | $1,938 | $2,411 | $2,702 |
Source: Ownwell