Kipling, Ohio Property Taxes
The median property tax rate in Kipling, OH is 1.44%, which is notably higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With the median home value in Kipling, the typical annual property tax bill amounts to $571, significantly below the national median of $2,690. Property taxes in Kipling are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kipling'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 Kipling or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kipling, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.44%
Estimate Property Tax Bill
$601
Ownwell’s Kipling Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kipling with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kipling 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 Kipling, Ohio
Property taxes in Kipling, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kipling is 1.44%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Kipling set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kipling 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 Kipling's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43750 zip code has the highest median property tax rate of 1.44%, while the 43750 zip code also has the lowest median tax rate of 1.44%. Understanding how these cities compare with Kipling provides valuable insights into the varying tax landscape across Guernsey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kipling Tax Rate
1.44%
Average Guernsey County Tax Rate
1.49%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kipling, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43750 | 1.06% | 1.43% | 1.44% | 1.46% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Kipling, Ohio
In Kipling, 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 Guernsey 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. Assessment notices in Kipling 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 Kipling helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in the area is $571.00 in the 43750 zip code, while the lowest is also $571.00 in the same zip code.
Average Kipling Assessed Value
$41,730
Average Guernsey County Assessed Value
$64,830
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kipling, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43750 | $14,510 | $30,655 | $41,730 | $71,115 | $125,530 |
Source: Ownwell
Property Tax Bills Across Kipling, Ohio
In Kipling, property tax bills are calculated based on the assessed value of a home, which is determined by the Guernsey County assessor's office. This assessed value is a percentage of the market value of the property. The local tax rate is then applied to this assessed value to determine the annual tax bill. Various factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. For example, the median home price in Kipling is $41,730, and the corresponding property tax bill can range significantly. Homeowners at the 25th percentile might pay around $377 annually, while those at the 75th percentile could see bills as high as $1,037. At the 90th percentile, property tax bills can reach up to $1,568. These figures indicate that Kipling's property tax rates can vary widely, impacting homeowners differently based on their property's assessed value. Understanding these factors is crucial for homeowners to anticipate their annual property tax obligations and manage their finances effectively.
Average Kipling Tax Bill
$571
Average Guernsey County Tax Bill
$953
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Kipling, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43750 | $175 | $377 | $571 | $1,037 | $1,568 |
Source: Ownwell