Ava, Ohio Property Taxes
The median property tax rate in AVA, OH is 1.65%, 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 AVA of $33,185, the typical annual property tax bill comes to $547, which is well below the national median of $2,690. Property taxes in AVA are calculated based on the assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding AVA'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 AVA or another part of Noble County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ava, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.65%
Estimate Property Tax Bill
$548
$508
Ownwell’s AVA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in AVA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in AVA 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 Ava, Ohio
Property taxes in AVA, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in AVA is 1.65%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within AVA set these rates annually, and they can vary significantly across different neighborhoods. Each year, AVA 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 AVA's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 43711 has both the highest and lowest median property tax rate of 1.65%. Understanding how these cities compare with AVA provides valuable insights into the varying tax landscape across Noble County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ava Tax Rate
1.65%
Average Noble County Tax Rate
1.86%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ava, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43711 | 1.65% | 1.65% | 1.65% | 1.65% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Ava, Ohio
In AVA, 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 Noble 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 AVA, 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. The median home price in AVA is $33,185, with tax bills ranging from $311 at the 25th percentile to $786 at the 75th percentile, and up to $925 at the 90th percentile. 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 AVA helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ava Assessed Value
$33,185
Average Noble County Assessed Value
$69,955
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ava, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43711 | $11,209 | $18,860 | $33,185 | $47,682 | $55,924 |
Source: Ownwell
Property Tax Bills Across Ava, Ohio
In AVA, located in Noble County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. For instance, with a median home price of $33,185, various factors such as property size, location, and improvements are considered to determine this assessed value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. In AVA, the tax bills show significant variation, with the 25th percentile at $311 and the 75th percentile reaching $786. For homeowners in the 90th percentile, tax bills can be as high as $925. These figures are relatively modest compared to the national median property tax rate of 0.99%. Understanding these calculations helps homeowners in AVA plan their finances better and anticipate future tax obligations based on potential changes in property values and local tax rates.
Average Ava Tax Bill
$547
Average Noble County Tax Bill
$1,279
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Ava, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43711 | $185 | $311 | $547 | $786 | $925 |
Source: Ownwell