South Webster, Ohio Property Taxes
The median property tax rate in South Webster, OH is 1.46%, 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 South Webster at $49,635, the typical annual property tax bill reaches $670, which is below the national median of $2,690. Property taxes in South Webster 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 South Webster'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 South Webster 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
South Webster, 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 South Webster Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Webster with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South Webster 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 South Webster, Ohio
Property taxes in South Webster, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in South Webster is 1.46%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within South Webster set these rates annually, and they can vary across different neighborhoods. Each year, South Webster 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 South Webster's effective property tax rate to other areas in Ohio and the national median. For comparison, the 45682 zip code has the highest median property tax rate of 1.46%, while the lowest median tax rate is also 1.46% in the same zip code. Understanding how these rates compare with South Webster provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average South Webster Tax Rate
1.46%
Average Jackson County Tax Rate
1.66%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across South Webster, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45682 | 1.14% | 1.45% | 1.46% | 1.46% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across South Webster, Ohio
In South Webster, 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 Jackson 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 South Webster, 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 South Webster helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in South Webster are both $670, found in the 45682 zip code.
Average South Webster Assessed Value
$49,635
Average Jackson County Assessed Value
$67,520
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across South Webster, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45682 | $18,573 | $31,228 | $49,635 | $84,368 | $147,871 |
Source: Ownwell
Property Tax Bills Across South Webster, Ohio
In South Webster, located in Jackson County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is a percentage of the home's market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Various factors, such as the property's location, size, and any improvements made, can influence the assessed value. For homeowners in South Webster, the median home price stands at $49,635. Property tax bills in this area vary, with the 25th percentile paying around $453 annually, while those in the 75th percentile pay approximately $1,228. At the higher end, the 90th percentile faces a tax bill of about $1,628. These figures highlight the range of property tax burdens that homeowners might experience, depending on their property's assessed value. Compared to the national median property tax rate of 0.99%, South Webster's tax rates reflect the local economic conditions and funding requirements for public services.
Average South Webster Tax Bill
$670
Average Jackson County Tax Bill
$1,087
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across South Webster, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45682 | $253 | $453 | $670 | $1,228 | $1,628 |
Source: Ownwell