Celina, Ohio Property Taxes
The median property tax rate in Celina, OH is 1.62%, which is considerably higher than the national median of 0.99% yet lower than the Ohio state median of 1.80%. With the median home value in Celina at $111,100, the typical annual property tax bill reaches $1,813, falling below the national median of $2,690. Property taxes in Celina 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 Celina'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 Celina 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
Celina, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.62%
Estimate Property Tax Bill
$1,800
$1,670
Ownwell’s Celina Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Celina with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Celina 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 Celina, Ohio
Property taxes in Celina, Ohio, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Celina is 1.62%, significantly higher than the U.S. national median of 0.99%. Local government entities within Celina set these rates annually, and they can vary significantly across different neighborhoods. Each year, Celina 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 Celina's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45822 zip code has the highest median property tax rate of 1.62%, while the same zip code also has the lowest median tax rate of 1.62%. Understanding how these cities compare with Celina provides valuable insights into the varying tax landscape across Mercer County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Celina Tax Rate
1.62%
Average Mercer County Tax Rate
1.53%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Celina, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45822 | 1.35% | 1.58% | 1.62% | 1.65% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Celina, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Celina, Ohio. 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 Mercer 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 Celina, 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 Celina helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 45822 has the highest and lowest median tax bill, both at $1,813, providing a benchmark for homeowners to gauge their own tax obligations.
Average Celina Assessed Value
$111,100
Average Mercer County Assessed Value
$129,600
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Celina, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45822 | $2,100 | $55,900 | $111,100 | $170,800 | $236,110 |
Source: Ownwell
Property Tax Bills Across Celina, Ohio
In Celina, located in Mercer County, OH, property tax bills are determined by a combination of the assessed value of your home and the local tax rate. The assessed value is a percentage of the market value of your property, which is then multiplied by the tax rate set by local government authorities. This rate can fluctuate based on budgetary needs and voter-approved levies. For homeowners in Celina, the median home price is approximately $111,100. With the national median property tax rate at 0.99%, local property taxes here can vary significantly. Tax bills range from the 25th percentile at $1,098 to the 75th percentile at $2,759, and up to the 90th percentile at $3,824. This variation highlights the impact of property value and tax rate differences within the area. Understanding these factors is crucial for homeowners as property taxes can significantly affect annual expenses. High property taxes can influence decisions on purchasing or maintaining a home, while lower taxes can provide more financial flexibility.
Average Celina Tax Bill
$1,813
Average Mercer County Tax Bill
$1,932
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Celina, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45822 | $204 | $1,098 | $1,813 | $2,759 | $3,824 |
Source: Ownwell