Roseville, Ohio Property Taxes
The median property tax rate in Roseville, OH is 1.36%, which is significantly higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value in Roseville of $43,600, the typical annual property tax bill amounts to $569, well below the national median of $2,690. Property taxes in Roseville are determined based on the tax assessed value, often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding the intricacies of Roseville's property tax system, exploring available exemptions, and identifying potential reductions can lead to substantial annual savings. Whether you're residing in Roseville or investing in real estate there, a thorough grasp of the local property tax structure is advantageous for both homeowners and investors.
Last Updated June 14, 2024
Roseville, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.36%
Estimate Property Tax Bill
$593
$550
Ownwell’s Roseville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roseville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roseville 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 Roseville, Ohio
Property taxes in Roseville, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roseville is 1.36%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Roseville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roseville 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 Roseville's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43777 zip code has the highest median property tax rate of 1.36%, while the same zip code also has the lowest median tax rate of 1.36%. Understanding how these cities compare with Roseville 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 Roseville Tax Rate
1.36%
Average Muskingum County Tax Rate
1.33%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roseville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43777 | 1.02% | 1.19% | 1.36% | 1.43% | 1.91% |
Source: Ownwell
Property Tax Assessment Values Across Roseville, Ohio
In Roseville, 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 Roseville, 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. For instance, the highest median tax bill in Roseville is $569 in the 43777 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Roseville Assessed Value
$43,600
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 Roseville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43777 | $3,160 | $12,400 | $43,600 | $87,300 | $143,220 |
Source: Ownwell
Property Tax Bills Across Roseville, Ohio
In Roseville, property tax bills are calculated based on the assessed value of the property, which is a percentage of the property's market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners, several factors influence the final amount, including property location, improvements, and market conditions. In Muskingum County, where Roseville is situated, the median home price is $43,600. Tax bills can vary widely, with the 25th percentile at $204 and the 75th percentile reaching $1,127. At the 90th percentile, homeowners might see tax bills as high as $1,941. Comparing this to the national median property tax rate of 0.99%, Roseville's property tax rates can significantly impact homeowners' expenses. The highest median tax bill in the area is $569, found in the 43777 zip code. Understanding these factors can help homeowners anticipate and manage their property tax obligations more effectively.
Average Roseville Tax Bill
$569
Average Muskingum County Tax Bill
$1,192
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Roseville, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43777 | $55 | $204 | $569 | $1,127 | $1,941 |
Source: Ownwell