Tuppers Plains, Ohio Property Taxes
The median property tax rate in Tuppers Plains, OH is 1.12%, slightly higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $87,490 in Tuppers Plains, the typical annual property tax bill is $981, which is below the national median of $2,690. Property taxes in Tuppers Plains are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Navigating Tuppers Plains' property tax system, leveraging available exemptions, and seeking opportunities for reductions can result in significant annual savings. Whether you're in the heart of Tuppers Plains or another part of Meigs County, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Tuppers Plains, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$980
$909
Ownwell’s Tuppers Plains Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tuppers Plains with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tuppers Plains 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 Tuppers Plains, Ohio
Property taxes in Tuppers Plains, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tuppers Plains is 1.12%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Tuppers Plains set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tuppers Plains 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 Tuppers Plains' effective property tax rate to other counties in Ohio and the national median. For comparison, the 45783 zip code has the highest median property tax rate of 1.12%, while the 45783 zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Tuppers Plains provides valuable insights into the varying tax landscape across Meigs County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tuppers Plains Tax Rate
1.12%
Average Meigs County Tax Rate
1.16%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tuppers Plains, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45783 | 0.87% | 0.97% | 1.12% | 1.15% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Tuppers Plains, Ohio
In Tuppers Plains, 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 Meigs 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 Tuppers Plains, 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. For instance, the median home price in Tuppers Plains is $87,490, with tax bills ranging from $387 at the 25th percentile to $1,873 at the 90th percentile. The highest and lowest median tax bills both stand at $981 in the 45783 zip code. By understanding 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 Tuppers Plains helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tuppers Plains Assessed Value
$87,490
Average Meigs County Assessed Value
$39,810
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tuppers Plains, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45783 | $6,680 | $30,760 | $87,490 | $136,400 | $180,550 |
Source: Ownwell
Property Tax Bills Across Tuppers Plains, Ohio
In Tuppers Plains, Meigs County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $87,490, homeowners can expect varying tax bills depending on their property's assessed value and specific circumstances. Factors such as the property's location, improvements, and market conditions play a significant role in determining the assessed value. In Tuppers Plains, the tax bills range widely, with the 25th percentile at $387 and the 75th percentile reaching up to $1,534. The 90th percentile tax bill is even higher at $1,873. These property taxes directly impact homeowners by influencing their annual expenses and overall affordability of homeownership. Compared to the national median property tax rate of 0.99%, Tuppers Plains offers a diverse range of tax bills, reflecting the unique characteristics and values of properties within the area.
Average Tuppers Plains Tax Bill
$981
Average Meigs County Tax Bill
$451
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Tuppers Plains, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45783 | $87 | $387 | $981 | $1,534 | $1,873 |
Source: Ownwell