Beach City, Ohio Property Taxes
The median property tax rate in Beach City, OH is 1.67%, which is higher than the national median of 0.99% but slightly below the Ohio state median of 1.80%. With a median home value of $92,000 in Beach City, the typical annual property tax bill amounts to $343, significantly lower than the national median of $2,690. Property taxes in Beach City 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 Beach City'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 Beach City or another part of Stark County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Beach City, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.67%
Estimate Property Tax Bill
$1,536
$1,426
Ownwell’s Beach City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beach City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beach City 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 Beach City, Ohio
Property taxes in Beach City, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beach City is 1.67%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Beach City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beach City 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 Beach City's effective property tax rate to other areas in Ohio and the national median. For comparison, the 44608 zip code has the highest median property tax rate of 1.67%, while the same zip code also has the lowest median tax rate of 1.67%. Understanding how these cities compare with Beach City 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 Beach City Tax Rate
1.67%
Average Stark County Tax Rate
1.67%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beach City, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44608 | 0.81% | 1.38% | 1.67% | 2.66% | 7.67% |
Source: Ownwell
Property Tax Assessment Values Across Beach City, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Beach City, 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 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 Beach City, 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 Beach City is $343 in zip code 44608, while the lowest is also $343 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Beach City Assessed Value
$92,000
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 Beach City, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44608 | $14,840 | $52,375 | $92,000 | $150,150 | $242,300 |
Source: Ownwell
Property Tax Bills Across Beach City, Ohio
In Beach City, property tax bills are calculated based on the assessed value of a home, which is determined by the Stark County Assessor's Office. This assessed value is a percentage of the property's market value. Local tax rates, set by various taxing authorities within Stark County, are then applied to this assessed value to determine the annual tax bill. Factors such as property location, improvements, and exemptions can influence the assessed value and, consequently, the final tax bill. For homeowners in Beach City, the impact of property taxes can vary significantly. The median home price is $92,000, and at the 25th percentile, the tax bill is $78, while at the 75th percentile, it rises to $990. At the 90th percentile, homeowners can expect to pay around $2,425. Compared to the national median property tax rate of 0.99%, Beach City's rates can be more favorable or burdensome depending on specific property values and applicable exemptions. This variability underscores the importance of understanding local property tax laws and potential savings opportunities.
Average Beach City Tax Bill
$343
Average Stark County Tax Bill
$801
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Beach City, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44608 | $12 | $78 | $343 | $990 | $2,425 |
Source: Ownwell