Moxahala, Ohio Property Taxes
The median property tax rate in Moxahala, OH is 1.31%, which is higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $33,020 in Moxahala, the typical annual property tax bill amounts to $375, falling significantly 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 properties. Understanding Moxahala's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Moxahala or another part of Perry County, a thorough grasp of the local property tax system benefits both homeowners and real estate investors.
Last Updated June 14, 2024
Moxahala, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$433
$401
Ownwell’s Moxahala Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moxahala with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moxahala 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 Moxahala, Ohio
Property taxes in Moxahala, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moxahala is 1.31%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Moxahala set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moxahala 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 Moxahala's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43761 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Moxahala provides valuable insights into the varying tax landscape across Perry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moxahala Tax Rate
1.31%
Average Perry County Tax Rate
1.48%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moxahala, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43761 | 0.58% | 0.73% | 1.31% | 1.31% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Moxahala, Ohio
In Moxahala, 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 Perry 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 Moxahala, 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 Moxahala helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code 43761 has both the highest and lowest median tax bill at $375.
Average Moxahala Assessed Value
$33,020
Average Perry County Assessed Value
$71,105
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moxahala, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43761 | $19,330 | $29,178 | $33,020 | $41,605 | $51,250 |
Source: Ownwell
Property Tax Bills Across Moxahala, Ohio
In Moxahala, located in Perry County, OH, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the property's market value, which is determined by the county assessor. Factors such as the property's location, size, and condition play a significant role in determining its assessed value. Once the assessed value is established, the local tax rate is applied to calculate the property tax bill. For homeowners in Moxahala, the median home price stands at $33,020. Property tax bills in this area vary, with the 25th percentile at $269 and the 75th percentile at $426. The highest median tax bill reported is $375, which is consistent across the 43761 zip code. Comparatively, the national median property tax rate is 0.99%, making Moxahala's property taxes relatively manageable. These tax bills directly impact homeowners by influencing their overall housing costs and financial planning.
Average Moxahala Tax Bill
$375
Average Perry County Tax Bill
$1,003
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Moxahala, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43761 | $142 | $269 | $375 | $426 | $450 |
Source: Ownwell