Windsor, Ohio Property Taxes
The median property tax rate in Windsor, OH is 1.75%, which is considerably higher than the national median of 0.99% but slightly lower than the Ohio state median of 1.80%. With a median home value of $198,150 in Windsor, the typical annual property tax bill reaches $3,532, significantly exceeding the national median of $2,690. Property taxes in Windsor are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Windsor'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 Windsor or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Windsor, Ohio Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,600
Ownwell’s Windsor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windsor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windsor 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 Windsor, Ohio
Property taxes in Windsor, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor is 1.75%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Windsor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor 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 Windsor's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44099 zip code has the highest median property tax rate of 1.75%, while the same 44099 zip code also has the lowest median tax rate of 1.75%. Understanding how these cities compare with Windsor provides valuable insights into the varying tax landscape across Geauga County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windsor Tax Rate
1.75%
Average Geauga County Tax Rate
1.98%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windsor, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44099 | 1.52% | 1.67% | 1.75% | 1.87% | 2.12% |
Source: Ownwell
Property Tax Assessment Values Across Windsor, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Windsor, Ohio. 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 Geauga 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 Windsor, 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 Windsor is $198,150, with tax bills ranging from $2,617 at the 25th percentile to $5,323 at the 90th percentile. The zip code 44099 has both the highest and lowest median tax bill at $3,532. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Windsor Assessed Value
$198,150
Average Geauga County Assessed Value
$217,300
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windsor, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44099 | $99,850 | $148,050 | $198,150 | $254,525 | $312,550 |
Source: Ownwell
Property Tax Bills Across Windsor, Ohio
In Windsor, located in Geauga County, OH, property tax bills are calculated based on the assessed value of your home. The assessed value is typically a percentage of the market value, and this value is then multiplied by the local tax rate to determine your annual property tax bill. For instance, with a median home price of $198,150, homeowners can expect tax bills to vary significantly. Tax bills in Windsor range from $2,617 at the 25th percentile to $4,419 at the 75th percentile, with the highest 10% of tax bills reaching up to $5,323. These figures are influenced by various factors, including property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Windsor's tax rates might seem higher or lower depending on specific circumstances. Understanding these factors is crucial for homeowners, as property taxes can significantly impact annual expenses and long-term financial planning.
Average Windsor Tax Bill
$3,532
Average Geauga County Tax Bill
$4,427
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44099 | $1,884 | $2,617 | $3,532 | $4,419 | $5,323 |
Source: Ownwell