Jackson Center, Ohio Property Taxes
The median property tax rate in Jackson Center, OH is 1.67%, noticeably higher than the national median of 0.99% but slightly below the Ohio state median of 1.80%. With a median home value of $255,250, the typical annual property tax bill in Jackson Center is $3,675, surpassing the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural properties. By understanding Jackson Center's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're located in Jackson Center or another part of Logan County, a thorough grasp of the local property tax system will provide substantial benefits.
Last Updated June 14, 2024
Jackson Center, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$4,263
$3,956
Ownwell’s Jackson Center Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jackson Center with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jackson Center 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 Jackson Center, Ohio
Property taxes in Jackson Center, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jackson Center is 1.67%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Jackson Center set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jackson Center 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 Jackson Center's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 45334 has both the highest and lowest median property tax rate of 1.67%. Understanding how these cities compare with Jackson Center provides valuable insights into the varying tax landscape across Logan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jackson Center Tax Rate
1.67%
Average Logan County Tax Rate
1.65%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson Center, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45334 | 1.30% | 1.55% | 1.67% | 1.69% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Jackson Center, Ohio
In Jackson Center, 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 Logan 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. In Jackson Center, 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 Jackson Center helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $3,675 in the 45334 zip code, while the lowest median tax bill is also $3,675 in the same zip code.
Average Jackson Center Assessed Value
$255,250
Average Logan County Assessed Value
$106,220
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson Center, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45334 | $147,590 | $150,330 | $255,250 | $265,960 | $278,710 |
Source: Ownwell
Property Tax Bills Across Jackson Center, Ohio
In Jackson Center, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. For homeowners in Logan County, the property tax rate is a crucial factor. The median home price in Jackson Center is $255,250, and property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $2,455, while at the 75th percentile, it rises to $4,468. Homeowners at the 90th percentile see tax bills around $4,534. These variations highlight the impact of property values and tax rates on individual tax bills. Compared to the national median property tax rate of 0.99%, the rates in Jackson Center can be more burdensome for some homeowners. Understanding these factors can help residents better anticipate their property tax obligations and plan accordingly.
Average Jackson Center Tax Bill
$3,675
Average Logan County Tax Bill
$1,716
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson Center, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45334 | $2,420 | $2,455 | $3,675 | $4,468 | $4,534 |
Source: Ownwell