Harlem Township, Ohio Property Taxes
The median property tax rate in Harlem Township, Ohio is 1.46%, significantly higher than the national median of 0.99% yet below the Ohio state median of 1.80%. With a median home value of $374,300 in Harlem Township, the typical annual property tax bill reaches $5,478, substantially surpassing the national median of $2,690. Property taxes in Harlem Township are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Harlem Township'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 Harlem Township or another part of Delaware County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Harlem Township, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$5,465
$5,071
Ownwell’s Harlem Township Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Harlem Township with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Harlem Township 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 Harlem Township, Ohio
Property taxes in Harlem Township, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Harlem Township is 1.46%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Harlem Township set these rates annually, and they can vary significantly across different neighborhoods. Each year, Harlem Township 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 Harlem Township's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43082 zip code has the highest median property tax rate of 1.46%, while the same 43082 zip code also has the lowest median tax rate of 1.46%. Understanding how these areas compare with Harlem Township provides valuable insights into the varying tax landscape across Delaware County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Harlem Township Tax Rate
1.46%
Average Delaware County Tax Rate
1.78%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Harlem Township, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43082 | 1.46% | 1.46% | 1.46% | 1.46% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Harlem Township, Ohio
In Harlem Township, 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 Delaware 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 Harlem Township, 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. For instance, the median home price in Harlem Township is $374,300, with tax bills ranging from $4,708 at the 25th percentile to $6,711 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.
Average Harlem Township Assessed Value
$374,300
Average Delaware County Assessed Value
$406,400
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Harlem Township, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43082 | $290,620 | $322,000 | $374,300 | $426,600 | $457,980 |
Source: Ownwell
Property Tax Bills Across Harlem Township, Ohio
In Harlem Township, Delaware County, OH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county assessor. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. For instance, homeowners in the 25th percentile of tax bills pay around $4,708, while those in the 75th percentile pay approximately $6,249. The 90th percentile sees tax bills as high as $6,711. These property taxes significantly impact homeowners, affecting their overall housing costs and potentially influencing decisions about buying or selling property. With the national median property tax rate at 0.99%, understanding local tax rates and how they are applied can help homeowners better manage their financial planning.
Average Harlem Township Tax Bill
$5,478
Average Delaware County Tax Bill
$7,016
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Harlem Township, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43082 | $4,245 | $4,708 | $5,478 | $6,249 | $6,711 |
Source: Ownwell