Adamsville, Ohio Property Taxes
The median property tax rate in Adamsville, OH is 1.16%, which is notably higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $86,900 in Adamsville, the typical annual property tax bill amounts to $1,042, falling below the national median of $2,690. Property taxes in Adamsville are calculated based on the tax assessed value, which usually is less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Adamsville'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 Adamsville 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
Adamsville, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$1,008
Ownwell’s Adamsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adamsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adamsville 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 Adamsville, Ohio
Property taxes in Adamsville, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adamsville is 1.16%, significantly higher than the U.S. national median of 0.99%. Local government entities within Adamsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adamsville 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 Adamsville's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 43802 has the highest median property tax rate of 1.16%, while the same zip code also has the lowest median tax rate of 1.16%. Understanding how these cities compare with Adamsville provides valuable insights into the varying tax landscape across Muskingum County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adamsville Tax Rate
1.16%
Average Muskingum County Tax Rate
1.33%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adamsville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43802 | 0.89% | 1.13% | 1.16% | 1.21% | 2.01% |
Source: Ownwell
Property Tax Assessment Values Across Adamsville, Ohio
In Adamsville, 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 Muskingum 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 Adamsville, 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 Adamsville 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 43802, with a tax bill of $1,042, while the lowest is also 43802, with the same tax bill.
Average Adamsville Assessed Value
$86,900
Average Muskingum County Assessed Value
$90,600
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adamsville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43802 | $8,440 | $34,400 | $86,900 | $132,550 | $206,900 |
Source: Ownwell
Property Tax Bills Across Adamsville, Ohio
In Adamsville, located in Muskingum County, OH, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is a percentage of the property's market value, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the property's location, size, and condition. Homeowners in Adamsville can expect their tax bills to vary significantly. For example, tax bills at the 25th percentile are around $473, while those at the 75th percentile reach $1,568, and at the 90th percentile, they can go up to $2,267. The highest median tax bill in the area is $1,042 in the 43802 zip code. These property taxes impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Understanding how these taxes are calculated helps homeowners budget accordingly and recognize the value of the services funded by their contributions.
Average Adamsville Tax Bill
$1,042
Average Muskingum County Tax Bill
$1,192
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Adamsville, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43802 | $170 | $473 | $1,042 | $1,568 | $2,267 |
Source: Ownwell