Bellevue, Ohio Property Taxes
The median property tax rate in Bellevue, OH is 1.59%, which is considerably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Bellevue at $132,290, the typical annual property tax bill reaches $2,030, still below the national median of $2,690. Property taxes in Bellevue are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bellevue'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 Bellevue 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
Bellevue, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.59%
Estimate Property Tax Bill
$2,103
Ownwell’s Bellevue Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bellevue with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bellevue 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 Bellevue, Ohio
Property taxes in Bellevue, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bellevue is 1.59%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Bellevue set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bellevue 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 Bellevue's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44811 zip code has the highest median property tax rate of 1.59%, while the 44811 zip code also has the lowest median tax rate of 1.59%. Understanding how these cities compare with Bellevue 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 Bellevue Tax Rate
1.59%
Average Seneca County Tax Rate
1.43%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bellevue, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44811 | 0.73% | 1.30% | 1.59% | 1.61% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Bellevue, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bellevue, 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 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 Bellevue, 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. The median home price in Bellevue is $132,290, with tax bills ranging from $1,441 at the 25th percentile to $3,462 at the 90th percentile. The zip code with the highest and lowest median tax bill is 44811, both at $2,030. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bellevue Assessed Value
$132,290
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 Bellevue, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44811 | $72,198 | $96,430 | $132,290 | $184,515 | $386,568 |
Source: Ownwell
Property Tax Bills Across Bellevue, Ohio
In Bellevue, Seneca County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the market value of the property. The tax rate is then applied to this assessed value to determine the annual property tax bill. Several factors influence the tax bill, including the home's location, size, and any improvements made to the property. For example, the median home price in Bellevue is $132,290, and property tax bills can vary significantly. Homeowners in the 25th percentile pay around $1,441, while those in the 75th percentile are looking at approximately $2,708. The top 10% of tax bills can reach up to $3,462. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. For homeowners, understanding how these factors affect their tax bill is essential for financial planning and assessing the true cost of homeownership in Bellevue.
Average Bellevue Tax Bill
$2,030
Average Seneca County Tax Bill
$1,391
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Bellevue, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44811 | $1,118 | $1,441 | $2,030 | $2,708 | $3,462 |
Source: Ownwell