Kettlersville, Shelby County, Ohio Property Taxes
The median property tax rate in Kettlersville, OH is 1.48%, which is higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $81,120 in Kettlersville, the typical annual property tax bill amounts to $1,201, below the national median of $2,690. Property taxes in Kettlersville are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Kettlersville'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 Kettlersville or another part of Shelby County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kettlersville, Shelby County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.48%
Estimate Property Tax Bill
$1,201
$1,114
Ownwell’s Kettlersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kettlersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kettlersville 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 Kettlersville, Shelby County, Ohio
Property taxes in Kettlersville, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kettlersville is 1.48%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Kettlersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kettlersville 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 Kettlersville's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45336 zip code has the highest median property tax rate of 1.48%, while the same zip code also has the lowest median tax rate of 1.48%. Understanding how these cities compare with Kettlersville provides valuable insights into the varying tax landscape across Shelby County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kettlersville Tax Rate
1.48%
Average Shelby County Tax Rate
1.56%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kettlersville, Shelby County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45336 | 1.15% | 1.41% | 1.48% | 1.53% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Kettlersville, Shelby County, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Kettlersville, 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 Shelby 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 Kettlersville, 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 Kettlersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 45336 has both the highest and lowest median tax bill at $1201, showcasing a unique uniformity in property tax burdens within the area.
Property Tax Assessment Values Across Kettlersville, Shelby County, Ohio
Source: Ownwell
$36,790
$130,888
$224,985
Average Kettlersville Assessed Value
$81,120
Average Shelby County Assessed Value
$119,350
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kettlersville, Shelby County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45336 | $10,850 | $50,948 | $81,120 | $93,010 | $105,290 |
Source: Ownwell
Property Tax Bills Across Kettlersville, Shelby County, Ohio
In Kettlersville, located in Shelby County, OH, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. Homeowners in Kettlersville can expect their property tax bills to vary significantly depending on several factors, including the assessed value of their property and the local tax rate. The median home price in Kettlersville is $81,120, and the median property tax rate is 1.48%, which is higher than the national median of 0.99%. For instance, homeowners at the 25th percentile pay around $653 annually, while those at the 75th percentile pay approximately $1,375. The top 10% of property tax bills in Kettlersville can reach up to $1,552. These taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life in the community. Understanding these factors can help homeowners anticipate their financial obligations and plan accordingly.
Average Kettlersville Tax Bill
$1,201
Average Shelby County Tax Bill
$1,867
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Kettlersville, Shelby County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45336 | $153 | $653 | $1,201 | $1,375 | $1,552 |
Source: Ownwell