Clarksburg, Ohio Property Taxes
The median property tax rate in Clarksburg, OH is 1.17%, 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 Clarksburg at $213,785, the typical annual property tax bill is $1,977, which is below the national median of $2,690. Property taxes in Clarksburg are based on the assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Clarksburg'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 Clarksburg 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
Clarksburg, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$2,501
Ownwell’s Clarksburg Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Clarksburg with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Clarksburg to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in more detailed trends at a neighborhood level, additional localized information is available below. Your property’s assessed value is determined by the county and includes any applicable exemptions, ensuring you get a precise calculation for your property tax obligations.
Property Tax Rates Across Clarksburg, Ohio
Property taxes in Clarksburg, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarksburg is 1.17%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Clarksburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clarksburg 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 Clarksburg's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 43115 has both the highest and lowest median property tax rate of 1.17%. Understanding how these areas compare with Clarksburg provides valuable insights into the varying tax landscape across Pickaway County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarksburg Tax Rate
1.17%
Average Pickaway County Tax Rate
1.37%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarksburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43115 | 0.18% | 0.47% | 1.17% | 1.34% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Clarksburg, Ohio
In Clarksburg, 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 Pickaway 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 Clarksburg, 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 Clarksburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Clarksburg is $1977.00 in zip code 43115, while the lowest is also $1977.00 in the same zip code.
Average Clarksburg Assessed Value
$213,785
Average Pickaway County Assessed Value
$169,880
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarksburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43115 | $105,295 | $142,600 | $213,785 | $290,655 | $559,760 |
Source: Ownwell
Property Tax Bills Across Clarksburg, Ohio
Property tax bills in Clarksburg, located in Pickaway County, OH, are determined by assessing the market value of a property and applying the local tax rate. The assessed value is a percentage of the market value, which is then multiplied by the property tax rate set by local authorities. For homeowners in Clarksburg, the median home price is $213,785. The tax bill can vary significantly, with the 25th percentile tax bill at $1,345 and the 75th percentile tax bill reaching $3,234. At the higher end, the 90th percentile tax bill is $3,928. These figures illustrate the range of property tax burdens that homeowners might face. The highest median tax bill in the area is $1,977, located in the 43115 zip code, which also has the lowest median tax bill of $1,977. Understanding these factors helps homeowners anticipate their annual property tax expenses and plan their finances accordingly.
Average Clarksburg Tax Bill
$1,977
Average Pickaway County Tax Bill
$2,168
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarksburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43115 | $441 | $1,345 | $1,977 | $3,234 | $3,928 |
Source: Ownwell