Sardinia, Ohio Property Taxes
The median property tax rate in Sardinia, OH is 1.09%, slightly higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $89,400 in Sardinia, the typical annual property tax bill amounts to $937, which is below the national median of $2,690. Property taxes in Sardinia are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Sardinia'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 Sardinia or elsewhere in the area, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sardinia, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$974
$904
Ownwell’s Sardinia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sardinia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sardinia to provide an estimate of your property tax bill. This valuable tool offers insight into potential tax liabilities, helping you plan your finances better. For those interested in more granular data, scroll down to access localized information on neighborhood trends. Your property’s assessed value, determined by Highland County, forms the basis for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Sardinia, Ohio
Property taxes in Sardinia, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sardinia is 1.09%, which is higher than the U.S. national median of 0.99%. Local government entities within Sardinia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sardinia 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 Sardinia's effective property tax rate to other areas in Highland County and the national median. For comparison, the zip code 45171 has the highest median property tax rate of 1.09%, while the same zip code also has the lowest median tax rate of 1.09%. Understanding how these figures compare with Sardinia provides valuable insights into the varying tax landscape across Highland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sardinia Tax Rate
1.09%
Average Highland County Tax Rate
1.23%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sardinia, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45171 | 0.60% | 0.96% | 1.09% | 1.12% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Sardinia, Ohio
In Sardinia, 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 Highland County Auditor 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 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 Sardinia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 45171 has both the highest and lowest median tax bills at $937.
Average Sardinia Assessed Value
$89,400
Average Highland County Assessed Value
$82,400
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sardinia, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45171 | $13,240 | $40,550 | $89,400 | $153,950 | $245,280 |
Source: Ownwell
Property Tax Bills Across Sardinia, Ohio
In Sardinia, 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 property tax bill. For instance, the median home price in Sardinia is $89,400. The tax bills in this area can vary significantly, with the 25th percentile at $435 and the 75th percentile reaching $1,508. At the 90th percentile, homeowners might see tax bills as high as $2,259. Several factors influence the assessed value, including the property's market value, improvements made, and comparable property values in the area. The local tax rate, which is influenced by county budgets and voter-approved measures, also plays a crucial role. For homeowners, this means that property taxes can represent a substantial annual expense, impacting overall affordability. Compared to the national median property tax rate of 0.99%, Sardinia's property tax rates can present both lower and higher financial burdens depending on specific property assessments and local tax levies.
Average Sardinia Tax Bill
$937
Average Highland County Tax Bill
$971
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Sardinia, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45171 | $117 | $435 | $937 | $1,508 | $2,259 |
Source: Ownwell