Piedmont, Ohio Property Taxes
The median property tax rate in Piedmont, OH is 1.40%, considerably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Piedmont being $55,325, the typical annual property tax bill reaches $696, which is significantly below the national median of $2,690. Property taxes in Piedmont are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Piedmont'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 Piedmont 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
Piedmont, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$775
Ownwell’s Piedmont Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Piedmont with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Piedmont 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 Piedmont, Ohio
Property taxes in Piedmont, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Piedmont is 1.40%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Piedmont set these rates annually, and they can vary significantly across different neighborhoods. Each year, Piedmont 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 Piedmont's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43983 zip code has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these areas compare with Piedmont 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 Piedmont Tax Rate
1.40%
Average Guernsey County Tax Rate
1.49%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Piedmont, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43983 | 1.16% | 1.37% | 1.40% | 1.41% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Piedmont, Ohio
In Piedmont, 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 local 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 Piedmont, 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 Piedmont helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Piedmont is $55,325, with annual tax bills ranging from $352 at the 25th percentile to $2,030 at the 90th percentile. The highest and lowest median tax bills are both $696, found in the 43983 zip code.
Average Piedmont Assessed Value
$55,325
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 Piedmont, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43983 | $5,252 | $28,200 | $55,325 | $101,975 | $167,343 |
Source: Ownwell
Property Tax Bills Across Piedmont, Ohio
Property tax bills in Piedmont, located in Guernsey County, OH, are calculated based on the assessed value of a property, which is a percentage of its market value. Homeowners in Piedmont can expect their property tax bills to vary significantly. For instance, the median home price stands at $55,325. The tax bill for the 25th percentile is around $352, while for the 75th percentile, it rises to $1,427. Those in the 90th percentile face a tax bill of approximately $2,030. To put this into perspective, the national median property tax rate is 0.99%, which means Piedmont's property taxes are relatively modest. The highest and lowest median tax bills both stand at $696 in the zip code 43983, indicating a degree of uniformity in tax assessments within that area. These property taxes directly impact homeowners by influencing their annual financial obligations, potentially affecting their long-term financial planning and homeownership costs.
Average Piedmont Tax Bill
$696
Average Guernsey County Tax Bill
$953
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Piedmont, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43983 | $100 | $352 | $696 | $1,427 | $2,030 |
Source: Ownwell