Crown City, Ohio Property Taxes
The median property tax rate in Crown City, OH is 1.29%, 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 $70,805 in Crown City, the typical annual property tax bill amounts to $851, which is significantly below the national median of $2,690. Property taxes in Crown City 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 Crown City's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Crown City or another part of Gallia County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Crown City, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$913
$848
Ownwell’s Crown City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crown City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crown 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 Crown City, Ohio
Property taxes in Crown City, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Crown City is 1.29%, significantly higher than the U.S. national median of 0.99%. Local government entities within Crown City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crown 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 Crown City's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45623 zip code has both the highest and lowest median property tax rate of 1.29%. Understanding how these cities compare with Crown City provides valuable insights into the varying tax landscape across Gallia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crown City Tax Rate
1.29%
Average Gallia County Tax Rate
1.29%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crown City, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45623 | 0.78% | 1.03% | 1.29% | 1.33% | 2.05% |
Source: Ownwell
Property Tax Assessment Values Across Crown City, Ohio
In Crown 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 Gallia 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 Crown 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. For instance, the median home price in Crown City is $70,805, with tax bills ranging from $409 at the 25th percentile to $2,295 at the 90th percentile. The highest and lowest median tax bills are both $851, found in zip code 45623. 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 Crown City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Crown City Assessed Value
$70,805
Average Gallia County Assessed Value
$83,280
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crown City, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45623 | $13,816 | $31,478 | $70,805 | $112,985 | $165,882 |
Source: Ownwell
Property Tax Bills Across Crown City, Ohio
In Crown City, Gallia County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in this region are subject to a median property tax rate of 0.99%, aligning with the national median. The tax bill is influenced by several factors, including the property's assessed value, any applicable exemptions, and local tax rates. For instance, with a median home price of $70,805, homeowners can expect their annual property tax bill to vary significantly. At the 25th percentile, the tax bill is around $409, while at the 75th percentile, it rises to approximately $1,466. The highest tax bills in the 90th percentile can reach up to $2,295. These variations highlight the impact of property value and local tax regulations on the financial burden for homeowners. Understanding these factors can help residents better anticipate and manage their property tax obligations.
Average Crown City Tax Bill
$851
Average Gallia County Tax Bill
$1,068
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Crown City, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45623 | $166 | $409 | $851 | $1,466 | $2,295 |
Source: Ownwell