Paulding County, Ohio Property Taxes
The median property tax rate in Paulding County is 1.21%, which is higher than both the national median of 0.99% and the Ohio state median of 1.80%. With a median home value of $87,500 in Paulding County, the typical annual property tax bill amounts to $1,158, which is below the national median of $2,690. Property taxes in Paulding County are calculated based on the assessed value, which is often lower than the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Paulding County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Paulding or another part of Paulding County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Paulding County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$1,059
$982
Ownwell’s Paulding County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Paulding County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Paulding County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Paulding County, Ohio
Property taxes in Paulding County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Paulding County is 1.21%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Paulding County set these rates annually, and they can vary significantly between different areas within the county. Each year, Paulding County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Paulding County's effective property tax rate with other counties in Ohio and the national median. For comparison, the city of Latty has one of the higher property tax rates in Ohio at 1.40%, while the city of Convoy boasts one of the lowest at 1.10%. Analyzing how Paulding County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Paulding County Tax Rate
1.21%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Paulding County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Antwerp | 0.98% | 1.15% | 1.26% | 1.52% | 1.55% |
| Cecil | 0.90% | 1.14% | 1.17% | 1.30% | 1.33% |
| Cloverdale | N/A | N/A | N/A | N/A | N/A |
| Continental | N/A | N/A | N/A | N/A | N/A |
| Convoy | N/A | N/A | N/A | N/A | N/A |
| Defiance | N/A | N/A | N/A | N/A | N/A |
| Grover Hill | 0.90% | 1.09% | 1.14% | 1.73% | 3.06% |
| Haviland | 0.85% | 1.09% | 1.10% | 1.26% | 1.29% |
| Hicksville | 1.07% | 1.16% | 1.17% | 1.21% | 1.29% |
| Latty | 0.99% | 1.36% | 1.40% | 1.48% | 1.89% |
| Melrose | N/A | N/A | N/A | N/A | N/A |
| Oakwood | 0.91% | 1.19% | 1.22% | 1.43% | 1.52% |
| Paulding | 0.99% | 1.16% | 1.32% | 1.57% | 1.60% |
| Payne | 0.90% | 1.10% | 1.14% | 1.35% | 1.38% |
| Scott | 0.63% | 1.07% | 1.12% | 1.20% | 1.21% |
| Van Wert | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Paulding County, Ohio
In Paulding County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Paulding County Appraisal District. The assessed value, however, 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. Assessment notices in Paulding County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Paulding County has a median home price of $87,500, with tax bills varying significantly. Van Wert has the highest median tax bill at $1,948, while Latty features the lowest at $693. Being aware of these valuation processes in Paulding County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Paulding County Assessed Value
$87,500
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Paulding County, Ohio
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Antwerp | $16,600 | $59,700 | $95,400 | $139,500 | $222,500 |
| Cecil | $1,220 | $33,550 | $96,300 | $142,550 | $204,620 |
| Cloverdale | N/A | N/A | N/A | N/A | N/A |
| Continental | N/A | N/A | N/A | N/A | N/A |
| Convoy | N/A | N/A | N/A | N/A | N/A |
| Defiance | N/A | N/A | N/A | N/A | N/A |
| Grover Hill | $4,040 | $31,175 | $65,300 | $119,050 | $194,010 |
| Haviland | $9,280 | $45,200 | $104,400 | $164,700 | $254,380 |
| Hicksville | $36,550 | $76,850 | $103,450 | $163,225 | $226,500 |
| Latty | $5,930 | $21,675 | $39,200 | $80,750 | $134,130 |
| Melrose | N/A | N/A | N/A | N/A | N/A |
| Oakwood | $4,840 | $27,725 | $74,100 | $121,275 | $176,240 |
| Paulding | $22,420 | $60,750 | $91,100 | $128,950 | $182,680 |
| Payne | $26,500 | $59,400 | $94,300 | $142,900 | $206,680 |
| Scott | $12,800 | $40,500 | $69,400 | $126,650 | $167,300 |
| Van Wert | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Paulding County, Ohio
Property tax bills in Paulding County, Ohio, are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is a percentage of the property's market value. Paulding County's median home price is $87,500, and the property tax rate is applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including property location, improvements made to the property, and any applicable exemptions. For instance, the 25th percentile tax bill in Paulding County is $681, while the 75th percentile tax bill is $1,672, showcasing a significant range depending on these factors. Homeowners in Paulding County experience varying impacts from property taxes. Those in areas like Van Wert face higher median taxes, around $1,948, compared to those in Latty, where the median tax bill is $693. This variation affects homeowners' financial planning and the affordability of maintaining their properties.
Average Paulding County Tax Bill
$1,158
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Paulding County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Antwerp | $417 | $873 | $1,277 | $1,805 | $2,737 |
| Cecil | $234 | $640 | $1,208 | $1,846 | $2,665 |
| Cloverdale | N/A | N/A | N/A | N/A | N/A |
| Continental | N/A | N/A | N/A | N/A | N/A |
| Convoy | N/A | N/A | N/A | N/A | N/A |
| Defiance | N/A | N/A | N/A | N/A | N/A |
| Grover Hill | $249 | $658 | $1,115 | $1,725 | $2,318 |
| Haviland | $194 | $489 | $1,163 | $1,782 | $2,641 |
| Hicksville | $554 | $904 | $1,243 | $1,943 | $2,570 |
| Latty | $105 | $335 | $693 | $1,094 | $1,903 |
| Melrose | N/A | N/A | N/A | N/A | N/A |
| Oakwood | $187 | $499 | $971 | $1,485 | $2,142 |
| Paulding | $388 | $819 | $1,240 | $1,743 | $2,403 |
| Payne | $374 | $743 | $1,155 | $1,642 | $2,369 |
| Scott | $173 | $334 | $729 | $1,350 | $1,760 |
| Van Wert | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell