Middleport, Gallia County, Ohio Property Taxes
The median property tax rate in Middleport, Ohio is 1.29%, which is higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With the median home value in Middleport being $38,410, the typical annual property tax bill amounts to $680, which is significantly below the national median of $2,690. Property taxes in Middleport are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Middleport's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're situated in the heart of Middleport or its surrounding areas, gaining insight into the local property tax system is crucial for financial planning and investment success.
Last Updated June 14, 2024
Middleport, Gallia County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$495
$460
Ownwell’s MIDDLEPORT Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MIDDLEPORT with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MIDDLEPORT 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 Middleport, Gallia County, Ohio
Property taxes in Middleport, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Middleport is 1.29%, significantly higher than the U.S. national median of 0.99%. Local government entities within Middleport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Middleport 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 Middleport's effective property tax rate to other areas in Ohio and the national median. For comparison, the zip code 45760 has the highest median property tax rate of 1.29%, while the lowest median tax rate is also 1.29%. Understanding how these areas compare with Middleport 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 Middleport 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 Middleport, Gallia County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45760 | 0.71% | 1.17% | 1.29% | 1.41% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Middleport, Gallia County, Ohio
In Middleport, 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 Middleport, 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 Middleport helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $680 in the 45760 zip code, which is also the lowest.
Property Tax Assessment Values Across Middleport, Gallia County, Ohio
Source: Ownwell
$38,410
$77,823
$117,235
Average Middleport Assessed Value
$38,410
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 Middleport, Gallia County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45760 | $11,545 | $18,318 | $38,410 | $94,372 | $155,195 |
Source: Ownwell
Property Tax Bills Across Middleport, Gallia County, Ohio
In Middleport, Ohio, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Middleport, the median home price is $38,410. Property tax bills can vary significantly, with the 25th percentile paying around $178 annually, while those at the 75th percentile pay approximately $1,244. At the 90th percentile, tax bills can reach up to $2,261. Factors influencing these variations include property location, home size, and any applicable exemptions. For instance, homes in the zip code 45760, which have the highest median tax bill of $680, reflect these determinants. Compared to the national median property tax rate of 0.99%, Middleport's tax rates can be more favorable, offering some relief to homeowners. Understanding these factors can help residents anticipate their property tax obligations and manage their finances more effectively.
Average Middleport Tax Bill
$680
Average Gallia County Tax Bill
$1,068
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Middleport, Gallia County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45760 | $144 | $178 | $680 | $1,244 | $2,261 |
Source: Ownwell