Amanda, Hocking County, Ohio Property Taxes
The median property tax rate in Amanda, OH is 1.38%, which is higher than both the national median of 0.99% and Ohio's state median of 1.80%. With a median home value of $169,986, the typical annual property tax bill in Amanda reaches $2,320, slightly below the national median of $2,690. Property taxes in Amanda 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 Amanda'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 Amanda 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
Amanda, Hocking County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$2,346
$2,177
Ownwell’s Amanda Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Amanda with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amanda to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan accordingly. For those interested in exploring trends at a neighborhood level, additional localized information is available. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Amanda, Hocking County, Ohio
Property taxes in Amanda, Ohio, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Amanda is 1.38%, significantly higher than the U.S. national median of 0.99%. Local government entities within Amanda set these rates annually, and they can vary across different neighborhoods. Each year, Amanda 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 Amanda's effective property tax rate to other regions in Ohio and the national median. For comparison, the zip code 43102 has the highest median property tax rate of 1.38%, while the lowest median tax rate is also 1.38%. Understanding how these areas compare with Amanda provides valuable insights into the varying tax landscape across Hocking County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amanda Tax Rate
1.38%
Average Hocking County Tax Rate
1.35%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amanda, Hocking County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43102 | 1.18% | 1.38% | 1.38% | 1.41% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Amanda, Hocking County, Ohio
In Amanda, 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 Hocking 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 Amanda, 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 Amanda helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Amanda are both $2,320, found in the 43102 zip code.
Property Tax Assessment Values Across Amanda, Hocking County, Ohio
Source: Ownwell
$35,920
$108,520
$181,120
Average Amanda Assessed Value
$169,986
Average Hocking County Assessed Value
$109,310
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Amanda, Hocking County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43102 | $74,273 | $119,382 | $169,986 | $228,672 | $292,939 |
Source: Ownwell
Property Tax Bills Across Amanda, Hocking County, Ohio
In Amanda, located in Hocking County, OH, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The tax rate is applied to this assessed value to determine the annual tax bill. Various factors influence this calculation, including the property's location, size, and any applicable exemptions or deductions. For instance, Amanda's median home price is $169,986, leading to a range of tax bills. Homeowners at the 25th percentile see tax bills around $1,546, while those at the 75th percentile face bills closer to $2,996. At the 90th percentile, the tax bill can reach up to $3,879. These figures highlight the significant impact property taxes can have on homeowners' finances, especially when compared to the national median property tax rate of 0.99%. Understanding these factors is crucial for homeowners to anticipate their property tax obligations and plan their budgets accordingly.
Average Amanda Tax Bill
$2,320
Average Hocking County Tax Bill
$1,629
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Amanda, Hocking County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43102 | $1,083 | $1,546 | $2,320 | $2,996 | $3,879 |
Source: Ownwell