Vickery, Ohio Property Taxes
The median property tax rate in Vickery, OH is 1.49%, higher than both the national median of 0.99% and Ohio's state median of 1.80%. With the median home value in Vickery, the typical annual property tax bill reaches $1,413, which is below the national median of $2,690. Property taxes in Vickery are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Vickery'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 Vickery or another part of Sandusky County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Vickery, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.49%
Estimate Property Tax Bill
$1,497
$1,390
Ownwell’s Vickery Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Vickery with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Vickery to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is the figure assigned by the county for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Vickery, Ohio
Property taxes in Vickery, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Vickery is 1.49%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Vickery set these rates annually, and they can vary significantly across different neighborhoods. Each year, Vickery 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 Vickery's effective property tax rate to other areas in Ohio and the national median. For comparison, the zip code 43464 in Sandusky County has the highest median property tax rate of 1.49%, while the same zip code also has the lowest median tax rate of 1.49%. Understanding how these cities compare with Vickery 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 Vickery Tax Rate
1.49%
Average Sandusky County Tax Rate
1.42%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Vickery, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43464 | 0.96% | 1.42% | 1.49% | 1.52% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Vickery, Ohio
In Vickery, 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 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. In Vickery, 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 Vickery helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in the area is 43464, with a bill of $1,413, which is above the national median property tax rate of 0.99%.
Average Vickery Assessed Value
$100,500
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 Vickery, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43464 | $26,020 | $63,300 | $100,500 | $156,375 | $242,830 |
Source: Ownwell
Property Tax Bills Across Vickery, Ohio
In Vickery, property tax bills are calculated based on the assessed value of a home, which is determined by the Sandusky County assessor's office. This assessed value is a percentage of the market value of the property. Homeowners in Vickery face a median property tax rate that aligns with the national median of 0.99%. Factors that influence the tax bill include the property's assessed value, local tax rates, and any applicable exemptions. For instance, a home with a median price of $100,500 can expect a property tax bill around the median range, with the 25th percentile at $853 and the 75th percentile at $2,138. The highest median tax bill in the area is $1,413, found in the 43464 zip code. These property taxes fund essential local services such as schools, public safety, and infrastructure. For homeowners, this means that while property taxes can be a significant annual expense, they also contribute to the overall quality of life and community services in Vickery.
Average Vickery Tax Bill
$1,413
Average Sandusky County Tax Bill
$1,549
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Vickery, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43464 | $380 | $853 | $1,413 | $2,138 | $3,222 |
Source: Ownwell