Isle Saint George, Ohio Property Taxes
The median property tax rate in Isle Saint George, OH is 1.15%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $97,585 in Isle Saint George, the typical annual property tax bill amounts to $1,119, which is below the national median of $2,690. Property taxes in Isle Saint George are determined based on the tax assessed value, often less than the market value due to exemptions like the primary residence and agricultural exemptions. By understanding Isle Saint George's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're in Isle Saint George or another part of Ottawa County, familiarizing yourself with the local property tax system is beneficial.
Last Updated June 14, 2024
Isle Saint George, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$1,122
$1,041
Ownwell’s ISLE SAINT GEORGE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ISLE SAINT GEORGE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ISLE SAINT GEORGE 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 Isle Saint George, Ohio
Property taxes in Isle Saint George, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Isle Saint George is 1.15%, notably higher than the U.S. national median of 0.99%. Local government entities within Isle Saint George set these rates annually, and they can vary significantly across different neighborhoods. Each year, Isle Saint George 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 Isle Saint George's effective property tax rate to other areas in Ohio and the national median. For comparison, the zip code 43436 has both the highest and lowest median property tax rate of 1.15%. Understanding how these rates compare with Isle Saint George provides valuable insights into the varying tax landscape across Ottawa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Isle Saint George Tax Rate
1.15%
Average Ottawa County Tax Rate
1.28%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Isle Saint George, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43436 | 1.11% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Isle Saint George, Ohio
In ISLE SAINT GEORGE, 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 Ottawa 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 ISLE SAINT GEORGE, 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 ISLE SAINT GEORGE helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,119, found in the 43436 zip code.
Average Isle Saint George Assessed Value
$97,585
Average Ottawa County Assessed Value
$131,980
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Isle Saint George, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43436 | $36,262 | $50,440 | $97,585 | $174,698 | $288,875 |
Source: Ownwell
Property Tax Bills Across Isle Saint George, Ohio
In Isle Saint George, property tax bills are calculated based on the assessed value of a home, which is determined by the Ottawa County Assessor's Office. The assessed value typically represents a percentage of the property's market value. Homeowners in Isle Saint George can expect a median home price of $97,585. Property tax rates are then applied to this assessed value to determine the annual tax bill. Factors such as property location, improvements, and market conditions are considered when assessing a property's value. For instance, tax bills in the 25th percentile are around $569, while those in the 75th percentile reach up to $1,751. At the 90th percentile, tax bills can be as high as $3,313. These variations show how different factors and assessed values can significantly impact the amount homeowners pay in property taxes. Compared to the national median property tax rate of 0.99%, homeowners in Isle Saint George experience a unique range of tax bills, reflecting the locality's specific valuation methods and market conditions.
Average Isle Saint George Tax Bill
$1,119
Average Ottawa County Tax Bill
$1,848
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Isle Saint George, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43436 | $416 | $569 | $1,119 | $1,751 | $3,313 |
Source: Ownwell