Poland, Ohio Property Taxes
The median property tax rate in Poland, Ohio is 2.12%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Poland at $102,230, the typical annual property tax bill reaches $2,144, which is below the national median of $2,690. Property taxes in Poland 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 Poland'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 Poland 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
Poland, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.12%
Estimate Property Tax Bill
$2,167
$2,011
Ownwell’s Poland Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Poland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Poland to estimate your property tax bill. This valuable tool helps you comprehend potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Poland, Ohio
Property taxes in Poland, Ohio, are crucial for funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Poland is 2.12%, significantly higher than the U.S. national median of 0.99%. Local government entities within Poland set these rates annually, and they can vary across different neighborhoods. Each year, Poland 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 Poland's effective property tax rate to other areas in Mahoning County and the national median. For comparison, the zip code 44514 has the highest median property tax rate of 2.12%, while the lowest median tax rate is also 2.12%. Understanding how these areas compare with Poland provides valuable insights into the varying tax landscape across Mahoning County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Poland Tax Rate
2.12%
Average Mahoning County Tax Rate
1.98%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Poland, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44514 | 1.55% | 2.00% | 2.12% | 2.14% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Poland, Ohio
In Poland, 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 Mahoning 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 Poland, 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 Poland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 44514, with a median tax bill of $2,144.
Average Poland Assessed Value
$102,230
Average Mahoning County Assessed Value
$80,890
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Poland, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44514 | $56,776 | $78,400 | $102,230 | $141,198 | $291,869 |
Source: Ownwell
Property Tax Bills Across Poland, Ohio
In Poland, located in Mahoning County, Ohio, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. Various factors, including the property's location, size, and condition, influence this valuation. Poland homeowners experience tax bills that range significantly, with those in the 25th percentile paying around $1,499, while those in the 90th percentile see bills as high as $5,883. Compared to the national median property tax rate of 0.99%, Poland's property tax rates can vary, reflecting the diverse property values within the area. Homeowners in Poland, particularly in the 44514 zip code, encounter a median tax bill of $2,144. These tax bills directly impact homeowners' annual expenses, making it crucial for them to understand how their property's assessed value and the local tax rate contribute to their overall financial obligations.
Average Poland Tax Bill
$2,144
Average Mahoning County Tax Bill
$1,534
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Poland, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44514 | $1,077 | $1,499 | $2,144 | $2,985 | $5,883 |
Source: Ownwell