Shawnee, Ohio Property Taxes
The median property tax rate in Shawnee, Ohio is 1.73%, significantly higher than the national median of 0.99% but slightly lower than Ohio's state median of 1.80%. With a median home value of $29,260 in Shawnee, the typical annual property tax bill amounts to $405, which is well below the national median of $2,690. Property taxes in Shawnee are determined based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Navigating Shawnee's property tax system, exploring potential exemptions, and finding opportunities for reductions can lead to substantial yearly savings. Whether you reside in Shawnee or another part of Perry County, understanding the local property tax landscape is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Shawnee, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.73%
Estimate Property Tax Bill
$506
$470
Ownwell’s Shawnee Property Tax Bill Calculator provides homeowners, real estate investors, and potential buyers with a quick and easy way to estimate their annual property taxes in Shawnee. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Shawnee to give you an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities, making financial planning more straightforward. For those interested in neighborhood-specific trends, additional localized information is available below. Your property’s assessed value is determined by the county for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Shawnee, Ohio
Property taxes in Shawnee, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shawnee is 1.73%, significantly higher than the U.S. national median of 0.99%. Local government entities within Shawnee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shawnee 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 Shawnee's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43782 zip code has the highest median property tax rate of 1.73%, while the same zip code also has the lowest median tax rate of 1.73%. Understanding how these areas compare with Shawnee 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 Shawnee Tax Rate
1.73%
Average Perry County Tax Rate
1.48%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shawnee, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43782 | 0.58% | 1.33% | 1.73% | 1.77% | 1.84% |
Source: Ownwell
Property Tax Assessment Values Across Shawnee, Ohio
In Shawnee, 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 Shawnee, 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 Shawnee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Shawnee is $29,260, with tax bills ranging from $130 at the 25th percentile to $1,809 at the 90th percentile. The highest and lowest median tax bill, both at $405, are found in the 43782 zip code.
Average Shawnee Assessed Value
$29,260
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 Shawnee, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43782 | $3,303 | $10,762 | $29,260 | $54,845 | $128,694 |
Source: Ownwell
Property Tax Bills Across Shawnee, Ohio
In Shawnee, Perry County, OH, property tax bills are calculated based on the assessed value of the property, which is typically a percentage of the market value. The local tax rate, combined with the assessed value, determines the annual tax bill. Homeowners in Shawnee experience varying tax bills, with the 25th percentile paying around $130 annually and the 75th percentile facing bills up to $910. The highest tax bills, at the 90th percentile, can reach $1,809. Several factors influence these amounts, including property size, location, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Shawnee's tax rates can present a lighter burden for some homeowners, especially those with lower-valued properties. However, higher-valued properties can still see significant tax bills. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Shawnee Tax Bill
$405
Average Perry County Tax Bill
$1,003
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Shawnee, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43782 | $43 | $130 | $405 | $910 | $1,809 |
Source: Ownwell