Adelphi, Ohio Property Taxes
The median property tax rate in Adelphi, OH is 1.17%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Adelphi at $42,325, the typical annual property tax bill amounts to $524, which is significantly below the national median of $2,690. Property taxes in Adelphi are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Adelphi'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 Adelphi or another part of Ross County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Adelphi, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$495
$460
Ownwell’s Adelphi Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adelphi with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adelphi 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 Adelphi, Ohio
Property taxes in Adelphi, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adelphi is 1.17%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Adelphi set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adelphi 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 Adelphi's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43101 zip code has the highest median property tax rate of 1.17%, while the 43101 zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Adelphi provides valuable insights into the varying tax landscape across Ross County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adelphi Tax Rate
1.17%
Average Ross County Tax Rate
1.29%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adelphi, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43101 | 0.86% | 1.15% | 1.17% | 1.18% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Adelphi, Ohio
In Adelphi, 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 Ross 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 Adelphi, 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 Adelphi helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Adelphi is $524 in the 43101 zip code, which is significantly lower than the national median property tax rate of 0.99%. The lowest median tax bill is also $524 in the same zip code. The 25th percentile tax bill is $152, while the 75th percentile tax bill is $948, and the 90th percentile tax bill is $1376, reflecting a diverse range of property tax burdens within the community.
Average Adelphi Assessed Value
$42,325
Average Ross County Assessed Value
$96,810
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adelphi, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43101 | $3,000 | $12,555 | $42,325 | $82,580 | $122,373 |
Source: Ownwell
Property Tax Bills Across Adelphi, Ohio
In Adelphi, Ross County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Adelphi is $42,325. Property tax rates in this area can vary, but the median tax bill is $524.00, aligning with the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's assessed value and the local tax rate set by the county. For instance, homeowners at the 25th percentile pay around $152 annually, while those at the 75th percentile see bills closer to $948. At the 90th percentile, the tax bill can reach approximately $1,376. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting homeowners by contributing to the community's overall quality of life. Thus, understanding these factors helps homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Adelphi Tax Bill
$524
Average Ross County Tax Bill
$1,236
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Adelphi, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43101 | $36 | $152 | $524 | $948 | $1,376 |
Source: Ownwell