Bradner, Ohio Property Taxes
The median property tax rate in Bradner, OH is 1.34%, which is notably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $146,900 in Bradner, the typical annual property tax bill amounts to $1,733, falling below the national median of $2,690. Property taxes in Bradner are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Bradner'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 Bradner 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
Bradner, Ohio Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,600
Ownwell’s Bradner Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bradner with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bradner 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 Bradner, Ohio
Property taxes in Bradner, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bradner is 1.34%, which is higher than the U.S. national median of 0.99%. Local government entities within Bradner set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bradner 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 Bradner's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43406 zip code has the highest median property tax rate of 1.34%, while the same zip code also has the lowest median tax rate of 1.34%. Understanding how these cities compare with Bradner provides valuable insights into the varying tax landscape across Sandusky County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bradner Tax Rate
1.34%
Average Sandusky County Tax Rate
1.42%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bradner, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43406 | 0.76% | 0.88% | 1.34% | 1.35% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Bradner, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bradner, Ohio. 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 Sandusky 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. 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 Bradner helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Bradner is $146,900, with tax bills ranging from $1,258 at the 25th percentile to $2,246 at the 75th percentile. The zip code 43406 has the highest and lowest median tax bill of $1,733.
Average Bradner Assessed Value
$146,900
Average Sandusky County Assessed Value
$110,300
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bradner, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43406 | $30,010 | $95,800 | $146,900 | $225,600 | $289,710 |
Source: Ownwell
Property Tax Bills Across Bradner, Ohio
In Bradner, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. Homeowners in this city within Sandusky County can expect their property tax bills to vary significantly depending on their property's assessed value. The median home price in Bradner is $146,900, which serves as a baseline for calculating property taxes. The tax bill for a property in the 25th percentile is approximately $1,258, while those in the 75th percentile receive bills around $2,246. For properties at the 90th percentile, the tax bill can reach up to $3,562. These figures illustrate how property taxes can fluctuate based on the property's value and location within the city. Homeowners in Bradner face a property tax rate that can significantly impact their annual expenses, especially when compared to the national median property tax rate of 0.99%. Understanding these factors helps homeowners budget accordingly and anticipate their annual property tax obligations.
Average Bradner Tax Bill
$1,733
Average Sandusky County Tax Bill
$1,549
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Bradner, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43406 | $394 | $1,258 | $1,733 | $2,246 | $3,562 |
Source: Ownwell