Clinton, Ohio Property Taxes
The median property tax rate in Clinton, OH is 1.00%, slightly higher than the national median of 0.99% but significantly lower than Ohio's state median of 1.80%. With the median home value in Clinton at $182,250, the typical annual property tax bill is $1,722, which is below the national median of $2,690. Property taxes in Clinton are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Clinton'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 Clinton 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
Clinton, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$1,823
$1,691
Ownwell’s Clinton Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Clinton with just two key data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clinton to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is the figure assigned by the county for property tax purposes, considering any applicable exemptions.
Property Tax Rates Across Clinton, Ohio
Property taxes in Clinton, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clinton is 0.96%, which is slightly below the U.S. national median of 0.99%. Local government entities within Clinton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clinton 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 Clinton's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44216 zip code has the highest median property tax rate of 1.00%, while the same zip code also has the lowest median tax rate of 1.00%. Understanding how these areas compare with Clinton 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 Clinton Tax Rate
1.00%
Average Stark County Tax Rate
1.67%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clinton, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44216 | 0.58% | 0.96% | 1.00% | 1.08% | 1.98% |
Source: Ownwell
Property Tax Assessment Values Across Clinton, Ohio
In Clinton, 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 Clinton, 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 Clinton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both recorded in zip code 44216, with a median tax bill of $1,722.
Average Clinton Assessed Value
$182,250
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 Clinton, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44216 | $147,190 | $164,350 | $182,250 | $230,125 | $427,150 |
Source: Ownwell
Property Tax Bills Across Clinton, Ohio
In Clinton, located in Stark County, OH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the market value, which is determined by local tax assessors. For the median home price of $182,250, homeowners can expect a tax bill that varies significantly. The 25th percentile tax bill is $1,495, while the 75th percentile reaches $3,740, and the 90th percentile can go up to $5,335. Stark County's property tax rate is influenced by various factors, including local government budgets, school funding needs, and public services. Compared to the national median property tax rate of 0.99%, Clinton's tax rates can have a substantial impact on homeowners. For instance, a homeowner in the zip code 44216 faces a median tax bill of $1,722. This variability in tax bills underscores the importance of understanding local tax assessments and how they can affect overall housing costs in Clinton.
Average Clinton Tax Bill
$1,722
Average Stark County Tax Bill
$801
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Clinton, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44216 | $820 | $1,495 | $1,722 | $3,740 | $5,335 |
Source: Ownwell