Knox County Property Taxes
The median property tax rate in Knox County is 1.84%, which is significantly higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Knox County, the typical annual property tax bill reaches $2,431, which is below the national median of $2,690. Property taxes in Knox County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Knox County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Mount Vernon or another part of Knox County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Knox County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.84%
Estimate Property Tax Bill
$2,457
$2,280
Ownwell’s Knox County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Knox County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Knox County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Knox County, Ohio
Property taxes in Knox County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Knox County is 1.84%, which is higher than the U.S. national median of 0.99%. Local government entities within Knox County set these rates annually, and they can vary significantly between different areas within the county. Each year, Knox County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Knox County's effective property tax rate with other areas in Ohio and the national median. For comparison, the city of Bladensburg has one of the higher property tax rates in Ohio at 2.14%, while the city of Brinkhaven boasts one of the lowest at 1.53%. Analyzing how Knox County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Knox County Tax Rate
1.84%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Knox County, Ohio
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bellville | 1.56% | 1.74% | 1.94% | 1.96% | 1.98% |
Bladensburg | 1.63% | 2.09% | 2.14% | 2.15% | 2.58% |
Brinkhaven | 1.25% | 1.50% | 1.53% | 1.56% | 1.67% |
Butler | 0.97% | 1.37% | 1.55% | 1.58% | 2.08% |
Centerburg | 1.69% | 1.85% | 2.01% | 2.05% | 2.08% |
Danville | 1.02% | 1.37% | 1.59% | 1.63% | 1.88% |
Frazeysburg | N/A | N/A | N/A | N/A | N/A |
Fredericktown | 1.41% | 1.68% | 1.85% | 1.98% | 2.04% |
Gambier | 1.25% | 1.69% | 1.87% | 2.00% | 2.05% |
Glenmont | 0.86% | 1.34% | 1.67% | 1.71% | 1.71% |
Howard | 1.63% | 1.85% | 2.02% | 2.06% | 2.08% |
Loudonville | 0.79% | 1.23% | 1.62% | 1.65% | 1.76% |
Martinsburg | N/A | N/A | N/A | N/A | N/A |
Mount Liberty | 1.64% | 1.72% | 1.72% | 1.76% | 1.76% |
Mount Vernon | 1.48% | 1.66% | 1.79% | 1.92% | 2.04% |
Steubenville | 1.63% | 1.63% | 1.63% | 1.63% | 1.63% |
Utica | 1.02% | 1.50% | 1.65% | 1.80% | 1.84% |
Walhonding | 1.32% | 1.77% | 1.98% | 2.15% | 2.15% |
Warsaw | 1.76% | 1.76% | 1.96% | 2.15% | 2.15% |
Source: Ownwell
Property Tax Assessment Values Across Knox County, Ohio
In Knox County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Knox County Appraisal District. The assessed value, however, 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 in Knox County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, the highest median tax bill in the county is in Warsaw at $3,763, while Brinkhaven has the lowest at $809. Being aware of these valuation processes in Knox County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Knox County Assessed Value
$133,520
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Knox County, Ohio
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bellville | $88,284 | $121,130 | $168,820 | $218,430 | $306,794 |
Bladensburg | $4,293 | $40,740 | $60,335 | $83,822 | $102,649 |
Brinkhaven | $9,570 | $34,125 | $55,820 | $75,080 | $126,340 |
Butler | $35,438 | $102,800 | $166,700 | $278,290 | $438,306 |
Centerburg | $74,075 | $119,848 | $184,495 | $263,395 | $347,755 |
Danville | $15,470 | $62,745 | $113,310 | $214,565 | $332,040 |
Frazeysburg | N/A | N/A | N/A | N/A | N/A |
Fredericktown | $27,558 | $79,620 | $125,440 | $200,200 | $298,750 |
Gambier | $85,149 | $124,922 | $187,500 | $264,938 | $373,206 |
Glenmont | $12,465 | $43,952 | $117,315 | $212,752 | $469,927 |
Howard | $71,740 | $114,270 | $163,770 | $233,770 | $454,372 |
Loudonville | $58,347 | $99,338 | $234,965 | $287,302 | $403,412 |
Martinsburg | N/A | N/A | N/A | N/A | N/A |
Mount Liberty | $60,772 | $69,160 | $85,655 | $146,580 | $274,923 |
Mount Vernon | $39,650 | $74,430 | $115,590 | $185,205 | $279,780 |
Steubenville | $57,170 | $57,170 | $57,170 | $57,170 | $57,170 |
Utica | $18,520 | $102,480 | $174,750 | $263,080 | $397,660 |
Walhonding | $15,878 | $63,610 | $136,310 | $224,930 | $334,272 |
Warsaw | $141,612 | $166,065 | $193,825 | $208,290 | $208,812 |
Source: Ownwell
Property Tax Bills Across Knox County, Ohio
In Knox County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. This assessed value is a percentage of the property's market value. Homeowners in Knox County can expect their tax bill to be influenced by multiple factors, including the property's location, size, and any improvements made. For example, the median home price in Knox County is $133,520. Property tax bills can vary significantly, with the 25th percentile at $1,451 and the 75th percentile reaching $3,794. At the higher end, the 90th percentile tax bill can go up to $5,406. The city of Warsaw has the highest median tax bill at $3,763, while Brinkhaven has the lowest at $809. These variations affect homeowners differently, making it crucial to understand how local tax rates and assessed values impact individual tax bills. Compared to the national median property tax rate of 0.99%, Knox County's rates can be both above and below this benchmark, depending on specific local factors.
Average Knox County Tax Bill
$2,431
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Knox County, Ohio
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bellville | $1,574 | $2,187 | $3,196 | $3,969 | $5,001 |
Bladensburg | $130 | $681 | $1,373 | $1,797 | $2,701 |
Brinkhaven | $296 | $510 | $809 | $1,160 | $2,017 |
Butler | $540 | $1,578 | $2,636 | $3,951 | $5,446 |
Centerburg | $1,369 | $2,307 | $3,518 | $5,137 | $6,602 |
Danville | $300 | $950 | $1,748 | $2,967 | $4,221 |
Frazeysburg | N/A | N/A | N/A | N/A | N/A |
Fredericktown | $643 | $1,499 | $2,286 | $3,480 | $4,876 |
Gambier | $1,539 | $2,224 | $3,329 | $4,671 | $5,872 |
Glenmont | $361 | $873 | $1,868 | $2,858 | $4,856 |
Howard | $1,377 | $2,176 | $3,127 | $4,424 | $8,661 |
Loudonville | $826 | $1,589 | $2,376 | $3,990 | $5,188 |
Martinsburg | N/A | N/A | N/A | N/A | N/A |
Mount Liberty | $1,068 | $1,194 | $1,485 | $2,290 | $4,730 |
Mount Vernon | $711 | $1,295 | $2,069 | $3,319 | $4,894 |
Steubenville | $933 | $933 | $933 | $933 | $933 |
Utica | $504 | $1,722 | $2,842 | $4,057 | $4,924 |
Walhonding | $439 | $1,340 | $2,575 | $3,898 | $5,646 |
Warsaw | $2,637 | $3,294 | $3,763 | $4,025 | $4,311 |
Source: Ownwell