Logan, Ohio Property Taxes
The median property tax rate in Logan, Ohio is 1.35%, which is higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With the median home value in Logan at $107,887, the typical annual property tax bill amounts to $1,585, which is below the national median of $2,690. Property taxes in Logan are determined based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural land. Navigating Logan's property tax system, leveraging available exemptions, and seeking opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Logan 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
Logan, 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 Logan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Logan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Logan 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 Logan, Ohio
Property taxes in Logan, Ohio, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Logan is 1.35%, higher than the U.S. national median of 0.99%. Local government entities within Logan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Logan 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 Logan's effective property tax rate to other areas in Ohio and the national median. For comparison, the zip code 43138 has the highest median property tax rate of 1.35%, while the same zip code also has the lowest median tax rate of 1.35%. Understanding how these areas compare with Logan 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 Logan Tax Rate
1.35%
Average Hocking County Tax Rate
1.35%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Logan, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43138 | 1.10% | 1.32% | 1.35% | 1.38% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Logan, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Logan, 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 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 Logan, 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 Logan helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the median tax bill in Logan is $1,585, with both the highest and lowest median tax bills found in the 43138 zip code.
Average Logan Assessed Value
$107,887
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 Logan, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43138 | $14,460 | $52,659 | $107,887 | $170,466 | $262,440 |
Source: Ownwell
Property Tax Bills Across Logan, Ohio
In Logan, located in Hocking County, OH, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor's office, which evaluates the market value of the home and applies an assessment ratio to arrive at the taxable value. The local tax rate, set by various taxing authorities such as school districts, municipalities, and other local entities, is then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property location, market conditions, and any applicable exemptions or deductions. For instance, a median-priced home in Logan, valued at $107,887, would see variations in tax bills, with the 25th percentile at $919 and the 75th percentile at $2,458. This range illustrates the impact of differing property values and tax rates within the area. Homeowners in Logan can expect their property taxes to be a significant component of their annual expenses, affecting their overall financial planning and homeownership costs.
Average Logan Tax Bill
$1,585
Average Hocking County Tax Bill
$1,629
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Logan, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43138 | $365 | $919 | $1,585 | $2,458 | $3,732 |
Source: Ownwell