Attica, Ohio Property Taxes
The median property tax rate in Attica, OH is 1.57%, which is considerably higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $94,810 in Attica, the typical annual property tax bill amounts to $1,431, falling below the national median of $2,690. Property taxes in Attica are based on the assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Attica'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 Attica 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
Attica, 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 Attica Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Attica with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Attica 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 Attica, Ohio
Property taxes in Attica, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Attica is 1.57%, significantly higher than the U.S. national median of 0.99%. Local government entities within Attica set these rates annually, and they can vary significantly across different neighborhoods. Each year, Attica 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 Attica's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44807 zip code has both the highest and lowest median property tax rate of 1.57%. Understanding how these cities compare with Attica provides valuable insights into the varying tax landscape across Seneca County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Attica Tax Rate
1.57%
Average Seneca County Tax Rate
1.43%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Attica, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44807 | 0.74% | 1.23% | 1.57% | 1.61% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Attica, Ohio
In Attica, 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 Seneca 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 Attica, 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. For instance, the highest median tax bill in the area is $1,431 in the 44807 zip code. Being aware of these valuation processes in Attica helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Attica Assessed Value
$94,810
Average Seneca County Assessed Value
$95,080
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Attica, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44807 | $57,696 | $72,062 | $94,810 | $145,725 | $391,900 |
Source: Ownwell
Property Tax Bills Across Attica, Ohio
In Attica, located in Seneca County, OH, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and typically represents a percentage of the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $94,810, homeowners can expect varying tax bills depending on their property's assessed value and the applicable tax rate. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. Homeowners in Attica face a range of property tax bills, with the 25th percentile at $1,074 and the 75th percentile at $2,154. The 90th percentile sees tax bills as high as $3,148. These property taxes are crucial for funding local services such as schools, infrastructure, and emergency services, directly impacting the quality of life and community resources available to residents.
Average Attica Tax Bill
$1,431
Average Seneca County Tax Bill
$1,391
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Attica, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44807 | $821 | $1,074 | $1,431 | $2,154 | $3,148 |
Source: Ownwell