Doylestown, Ohio Property Taxes
The median property tax rate in Doylestown, OH is 1.53%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Doylestown at $438,030, the typical annual property tax bill reaches $6,781, exceeding the national median of $2,690. Property taxes in Doylestown are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Doylestown'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 Doylestown 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
Doylestown, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.53%
Estimate Property Tax Bill
$6,702
Ownwell’s Doylestown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Doylestown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Doylestown 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 Doylestown, Ohio
Property taxes in Doylestown, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Doylestown is 1.53%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Doylestown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Doylestown 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 Doylestown's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44230 zip code has the highest median property tax rate of 1.53%, while the same zip code has the lowest median tax rate of 1.53%. Understanding how these cities compare with Doylestown provides valuable insights into the varying tax landscape across Medina County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Doylestown Tax Rate
1.53%
Average Medina County Tax Rate
1.53%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Doylestown, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44230 | 1.40% | 1.53% | 1.53% | 1.54% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Doylestown, Ohio
In Doylestown, 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 Medina 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 Doylestown, 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 Doylestown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in the area is $6,781 in zip code 44230.
Average Doylestown Assessed Value
$438,030
Average Medina County Assessed Value
$233,850
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Doylestown, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44230 | $152,090 | $200,880 | $438,030 | $577,000 | $688,000 |
Source: Ownwell
Property Tax Bills Across Doylestown, Ohio
In Doylestown, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the Medina County Auditor. This assessed value is a percentage of the market value, reflecting the property's worth in the current real estate market. The tax rate in this region is applied to the assessed value to determine the annual property tax bill. Several factors influence the final tax amount, including local levies for schools, infrastructure, and public services. For homeowners, this means that higher assessed values and tax rates can lead to significant annual expenses. The median home price in Doylestown is $438,030, with property tax bills ranging from $2,931 at the 25th percentile to $10,518 at the 90th percentile. Comparatively, the national median property tax rate is 0.99%, making Doylestown's property tax landscape a crucial consideration for current and prospective homeowners. Understanding these factors helps residents anticipate their financial responsibilities and plan accordingly.
Average Doylestown Tax Bill
$6,781
Average Medina County Tax Bill
$3,537
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Doylestown, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44230 | $2,345 | $2,931 | $6,781 | $8,729 | $10,518 |
Source: Ownwell