Blue Creek, Ohio Property Taxes
The median property tax rate in Blue Creek, OH is 1.64%, which is considerably higher than the national median of 0.99% but slightly below the Ohio state median of 1.80%. With the median home value in Blue Creek at $82,055, the typical annual property tax bill reaches $1,153, still below the national median of $2,690. Property taxes in Blue Creek are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Blue Creek'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 Blue Creek or another part of Scioto County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Blue Creek, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.64%
Estimate Property Tax Bill
$1,346
Ownwell’s Blue Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blue Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blue Creek 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 Blue Creek, Ohio
Property taxes in Blue Creek, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blue Creek is 1.64%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Blue Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blue Creek 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 Blue Creek's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45616 zip code has the highest median property tax rate of 1.64%, while the same zip code also has the lowest median tax rate of 1.64%. Understanding how these cities compare with Blue Creek provides valuable insights into the varying tax landscape across Scioto County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blue Creek Tax Rate
1.64%
Average Scioto County Tax Rate
1.59%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blue Creek, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45616 | 0.92% | 1.33% | 1.64% | 1.68% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Blue Creek, Ohio
In Blue Creek, 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 Scioto 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 Blue Creek, 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 Blue Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,153 in the 45616 zip code.
Average Blue Creek Assessed Value
$82,055
Average Scioto County Assessed Value
$71,410
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blue Creek, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45616 | $20,045 | $33,252 | $82,055 | $124,348 | $187,170 |
Source: Ownwell
Property Tax Bills Across Blue Creek, Ohio
In Blue Creek, Scioto County, OH, property tax bills are determined based on the assessed value of a property. The county assesses properties to establish their market value, which is then used to calculate the tax bill. Various factors influence the assessed value, including property size, location, and any improvements made. The median home price in Blue Creek is $82,055, and property tax rates are applied to this assessed value to determine the annual tax bill. Homeowners in Blue Creek can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $486, while the 75th percentile tax bill reaches $2,040. At the 90th percentile, homeowners might see tax bills as high as $2,600. These figures reflect how property taxes can range widely based on property values and specific assessments. Compared to the national median property tax rate of 0.99%, Blue Creek's property taxes can have a considerable impact on homeowners, influencing their overall cost of living and financial planning.
Average Blue Creek Tax Bill
$1,153
Average Scioto County Tax Bill
$1,073
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Blue Creek, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45616 | $229 | $486 | $1,153 | $2,040 | $2,600 |
Source: Ownwell