East Sparta, Ohio Property Taxes
The median property tax rate in East Sparta, OH is 1.35%, 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 $113,250 in East Sparta, the typical annual property tax bill is $752, significantly below the national median of $2,690. Property taxes in East Sparta are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding East Sparta'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 East Sparta or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
East Sparta, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.35%
Estimate Property Tax Bill
$1,529
$1,419
Ownwell’s East Sparta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in East Sparta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in East Sparta 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 East Sparta, Ohio
Property taxes in East Sparta, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Sparta is 1.35%, significantly higher than the U.S. national median of 0.99%. Local government entities within East Sparta set these rates annually, and they can vary across different neighborhoods. Each year, East Sparta 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 East Sparta's effective property tax rate to other regions in Stark County and the national median. For comparison, the zip code 44626 has the highest median property tax rate of 1.35%, while the same zip code also has the lowest median tax rate of 1.35%. Understanding how these areas compare with East Sparta 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 East Sparta Tax Rate
1.35%
Average Stark County Tax Rate
1.67%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Sparta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44626 | 0.49% | 0.78% | 1.35% | 2.61% | 5.57% |
Source: Ownwell
Property Tax Assessment Values Across East Sparta, Ohio
In East Sparta, 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 East Sparta, 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 East Sparta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $113,250, with the highest and lowest median tax bills both being $752 in the 44626 zip code.
Average East Sparta Assessed Value
$113,250
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 East Sparta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44626 | $45,200 | $79,250 | $113,250 | $155,825 | $209,180 |
Source: Ownwell
Property Tax Bills Across East Sparta, Ohio
In East Sparta, Stark County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the property's market value. Factors such as the property's location, size, and condition, as well as recent sales of similar properties in the area, play a crucial role in determining this value. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual property tax bill. In East Sparta, the median home price is $113,250, and property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $386, while at the 75th percentile, it rises to $1,933, and at the 90th percentile, it can reach as high as $4,023. These property taxes fund essential local services such as schools, roads, and emergency services, directly impacting homeowners by contributing to the overall quality of life in the community.
Average East Sparta Tax Bill
$752
Average Stark County Tax Bill
$801
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across East Sparta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44626 | $67 | $386 | $752 | $1,933 | $4,023 |
Source: Ownwell