Clarksburg, Ross County, Ohio Property Taxes
The median property tax rate in Clarksburg, Ohio is 1.24%, which is 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 $95,410, the typical annual property tax bill is $1,151, falling below the national median of $2,690. Property taxes in Clarksburg are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. 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, Ross County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$1,183
$1,098
Ownwell’s Clarksburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clarksburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clarksburg 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 Clarksburg, Ross County, Ohio
Property taxes in Clarksburg, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarksburg is 1.24%, 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 43115 zip code has the highest median property tax rate of 1.24%, while the 43115 zip code also has the lowest median tax rate of 1.24%. Understanding how these cities compare with Clarksburg 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 Clarksburg Tax Rate
1.24%
Average Ross County Tax Rate
1.29%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarksburg, Ross County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43115 | 0.77% | 1.17% | 1.24% | 1.31% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Clarksburg, Ross County, 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 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 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 and lowest median tax bill in Clarksburg is $1151 in zip code 43115.
Property Tax Assessment Values Across Clarksburg, Ross County, Ohio
Source: Ownwell
$37,830
$170,080
$302,330
Average Clarksburg Assessed Value
$95,410
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 Clarksburg, Ross County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43115 | $17,860 | $42,540 | $95,410 | $171,310 | $344,962 |
Source: Ownwell
Property Tax Bills Across Clarksburg, Ross County, Ohio
In Clarksburg, located in Ross County, OH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property’s market value and then applies an assessment ratio. The local tax rate, or millage rate, is set by various taxing authorities, including school districts and municipal governments. Homeowners in Clarksburg experience a range of property tax bills. The 25th percentile tax bill is approximately $514, while the 75th percentile reaches up to $2,044. For those at the higher end, the 90th percentile tax bill can climb to $3,744. These figures reflect how various factors, such as property location and improvements, influence tax obligations. Compared to the national median property tax rate of 0.99%, Clarksburg's property tax rates can significantly impact homeowners, potentially making property ownership more or less affordable depending on their specific circumstances. Understanding these calculations helps homeowners anticipate their annual tax expenses and plan accordingly.
Average Clarksburg Tax Bill
$1,151
Average Ross County Tax Bill
$1,236
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarksburg, Ross County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43115 | $187 | $514 | $1,151 | $2,044 | $3,744 |
Source: Ownwell