Atwater, Stark County, Ohio Property Taxes
The median property tax rate in Atwater, Ohio is 0.74%, significantly lower than both the national median of 0.99% and Ohio's state median of 1.80%. With the median home value in Atwater at $219,450, the typical annual property tax bill is $1,083, which is well below the national median of $2,690. Property taxes in Atwater are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Atwater's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Atwater or another part of Stark County, being well-versed in the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Atwater, Stark County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$1,624
$1,507
Ownwell’s Atwater Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atwater with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Atwater 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 Atwater, Stark County, Ohio
Property taxes in Atwater, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atwater is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Atwater set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atwater 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 Atwater's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 44201 has the highest median property tax rate of 0.74%, while the same zip code also has the lowest median tax rate of 0.74%. Understanding how these cities compare with Atwater provides valuable insights into the varying tax landscape across Stark County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atwater Tax Rate
0.74%
Average Stark County Tax Rate
1.67%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atwater, Stark County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44201 | 0.66% | 0.70% | 0.74% | 1.69% | 2.02% |
Source: Ownwell
Property Tax Assessment Values Across Atwater, Stark County, Ohio
In Atwater, 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 Stark 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 Atwater, 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 Atwater helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Stark County are both $1083 in the 44201 zip code, highlighting the uniformity in tax assessments within the area.
Property Tax Assessment Values Across Atwater, Stark County, Ohio
Source: Ownwell
$62,500
$140,975
$219,450
Average Atwater Assessed Value
$219,450
Average Stark County Assessed Value
$128,500
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atwater, Stark County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44201 | $54,490 | $106,250 | $219,450 | $274,150 | $403,600 |
Source: Ownwell
Property Tax Bills Across Atwater, Stark County, Ohio
In Atwater, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The median home price in the area is $219,450. Stark County's property tax rate is applied to this assessed value to determine the tax bill. For instance, homeowners in Atwater can expect to pay between $729 and $1,452 annually, depending on their property's assessed value, with the 90th percentile reaching up to $2,530. Various factors influence the tax bill, including property size, location, and any applicable exemptions. The assessed value is typically a percentage of the market value, which is then multiplied by the local tax rate. This system ensures that property taxes are proportionate to the property's worth, impacting homeowners by requiring them to budget for these annual expenses. Compared to the national median property tax rate of 0.99%, Atwater's tax rates can be seen as relatively moderate, offering a balanced approach to funding local services and infrastructure.
Average Atwater Tax Bill
$1,083
Average Stark County Tax Bill
$801
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Atwater, Stark County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44201 | $525 | $729 | $1,083 | $1,452 | $2,530 |
Source: Ownwell