Antwerp, Ohio Property Taxes
The median property tax rate in Antwerp, OH is 1.26%, notably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Antwerp at $95,400, the typical annual property tax bill amounts to $1,277, which is below the national median of $2,690. Property taxes in Antwerp are based on the assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Antwerp'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 Antwerp 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
Antwerp, Ohio Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,600
Ownwell’s Antwerp Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Antwerp with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Antwerp 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 Antwerp, Ohio
Property taxes in Antwerp, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Antwerp is 1.26%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Antwerp set these rates annually, and they can vary significantly across different neighborhoods. Each year, Antwerp 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 Antwerp's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45813 zip code has the highest median property tax rate of 1.26%, while the 45813 zip code also has the lowest median tax rate of 1.26%. Understanding how these cities compare with Antwerp provides valuable insights into the varying tax landscape across Paulding County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Antwerp Tax Rate
1.26%
Average Paulding County Tax Rate
1.21%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Antwerp, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45813 | 0.98% | 1.15% | 1.26% | 1.52% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Antwerp, Ohio
In Antwerp, 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 Paulding 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 Antwerp, 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 Antwerp 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 in Antwerp is 45813, with a median tax bill of $1,277.
Average Antwerp Assessed Value
$95,400
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 Antwerp, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45813 | $16,600 | $59,700 | $95,400 | $139,500 | $222,500 |
Source: Ownwell
Property Tax Bills Across Antwerp, Ohio
In Antwerp, located in Paulding County, OH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and typically reflects a percentage of the home's market value. For instance, with a median home price of $95,400, the assessed value is used alongside the local tax rate to compute the annual tax bill. Homeowners in Antwerp can expect their tax bills to vary significantly. The 25th percentile tax bill is $873, which is relatively low compared to the national median property tax rate of 0.99%. On the higher end, the 75th percentile tax bill reaches $1,805, and the 90th percentile tax bill can go up to $2,737. This variance is influenced by factors such as property improvements, neighborhood developments, and changes in local government budgets. These tax bills impact homeowners by affecting their annual financial planning and potentially influencing property values in the area. Understanding these factors is crucial for homeowners to anticipate their tax obligations accurately.
Average Antwerp Tax Bill
$1,277
Average Paulding County Tax Bill
$1,158
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Antwerp, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45813 | $417 | $873 | $1,277 | $1,805 | $2,737 |
Source: Ownwell