Grover Hill, Paulding County, Ohio Property Taxes
The median property tax rate in Grover Hill, OH is 1.14%, slightly higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $65,300, the typical annual property tax bill in Grover Hill amounts to $1,115, which is below the national median of $2,690. Property taxes here are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural use. Understanding Grover Hill'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 Grover Hill 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
Grover Hill, Paulding County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$744
$691
Ownwell’s Grover Hill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Grover Hill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Grover Hill 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 Grover Hill, Paulding County, Ohio
Property taxes in Grover Hill, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grover Hill is 1.14%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Grover Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grover Hill 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 Grover Hill's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 45849 has the highest median property tax rate of 1.14%, while the same zip code also has the lowest median tax rate of 1.14%. Understanding how these areas compare with Grover Hill 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 Grover Hill Tax Rate
1.14%
Average Paulding County Tax Rate
1.21%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grover Hill, Paulding County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45849 | 0.90% | 1.09% | 1.14% | 1.73% | 3.06% |
Source: Ownwell
Property Tax Assessment Values Across Grover Hill, Paulding County, Ohio
In Grover Hill, 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 Grover Hill, 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 Grover Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 45849, with a median tax bill of $1,115.
Property Tax Assessment Values Across Grover Hill, Paulding County, Ohio
Source: Ownwell
$24,900
$64,650
$104,400
Average Grover Hill Assessed Value
$65,300
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 Grover Hill, Paulding County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45849 | $4,040 | $31,175 | $65,300 | $119,050 | $194,010 |
Source: Ownwell
Property Tax Bills Across Grover Hill, Paulding County, Ohio
In Grover Hill, located in Paulding County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The tax rate applied to this assessed value is influenced by various factors, including local government budgets, school funding requirements, and public services. For homeowners in Grover Hill, the median home price is $65,300. The property tax rate in this region results in tax bills ranging from $658 at the 25th percentile to $2,318 at the 90th percentile. The highest and lowest median tax bills both stand at $1,115, reflecting the uniformity within the specific zip code of 45849. Compared to the national median property tax rate of 0.99%, Grover Hill's property tax rates can significantly impact homeowners, especially those with higher-valued properties. These taxes are crucial for funding essential community services, but they also represent a considerable expense for property owners, influencing their overall financial planning and homeownership costs.
Average Grover Hill Tax Bill
$1,115
Average Paulding County Tax Bill
$1,158
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Grover Hill, Paulding County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45849 | $249 | $658 | $1,115 | $1,725 | $2,318 |
Source: Ownwell