Westerville, Delaware County, Ohio Property Taxes
The median property tax rate in Westerville, OH is 1.77%, slightly below the Ohio state median of 1.80% yet significantly higher than the national median of 0.99%. With a median home value of $434,200, the typical annual property tax bill in Westerville reaches $7,747, far exceeding the national median of $2,690. Property taxes in Westerville are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Westerville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to considerable annual savings. Whether you're in the heart of Westerville or another part of Delaware County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Westerville, Delaware County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.77%
Estimate Property Tax Bill
$7,685
$7,132
Ownwell’s Westerville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Westerville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Westerville to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available as you scroll down. Your property’s assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Westerville, Delaware County, Ohio
Property taxes in Westerville, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Westerville is 1.77%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Westerville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Westerville 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 Westerville's effective property tax rate to other areas in Ohio and the national median. For comparison, the 43082 zip code has the highest median property tax rate of 1.77%, while the 43081 zip code has the lowest median tax rate of 1.49%. Understanding how these cities compare with Westerville 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 Westerville Tax Rate
1.77%
Average Delaware County Tax Rate
1.78%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Westerville, Delaware County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43081 | 1.46% | 1.46% | 1.49% | 1.81% | 1.81% |
| 43082 | 1.62% | 1.76% | 1.77% | 1.81% | 1.97% |
Source: Ownwell
Property Tax Assessment Values Across Westerville, Delaware County, Ohio
In Westerville, 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 Westerville, 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 Westerville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $7,750 in the 43082 zip code, while the lowest median tax bill is $6,581 in the 43081 zip code.
Property Tax Assessment Values Across Westerville, Delaware County, Ohio
Source: Ownwell
$143,300
$533,700
$924,100
Average Westerville Assessed Value
$434,200
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 Westerville, Delaware County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43081 | $290,000 | $290,650 | $428,500 | $646,550 | $886,380 |
| 43082 | $302,200 | $367,050 | $434,200 | $529,200 | $678,300 |
Source: Ownwell
Property Tax Bills Across Westerville, Delaware County, Ohio
In Westerville, located in Delaware County, OH, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence this calculation, including the property's market value, location, and any applicable exemptions. For homeowners in Westerville, the median home price is $434,200, leading to varying tax bills across the city. For instance, the 25th percentile tax bill is approximately $6,465, while the 75th percentile reaches around $9,570. At the higher end, the 90th percentile tax bill can be as much as $12,348. These property taxes significantly impact homeowners, as they must budget for these annual expenses. Compared to the national median property tax rate of 0.99%, Westerville's rates can be substantial, particularly in zip codes like 43082, where the highest median tax bill is $7,750. Conversely, in zip code 43081, the lowest median tax bill is $6,581.
Average Westerville Tax Bill
$7,747
Average Delaware County Tax Bill
$7,016
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Westerville, Delaware County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43081 | $4,581 | $5,235 | $6,581 | $9,623 | $14,512 |
| 43082 | $5,139 | $6,474 | $7,750 | $9,569 | $12,344 |
Source: Ownwell