Navarre, Ohio Property Taxes
The median property tax rate in Navarre, OH is 1.55%, considerably higher than the national median of 0.99%, yet lower than the Ohio state median of 1.80%. With a median home value in Navarre of $105,100, the typical annual property tax bill reaches $448, which is significantly below the national median of $2,690. Property taxes in Navarre are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Navarre'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 Navarre 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
Navarre, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.55%
Estimate Property Tax Bill
$1,629
Ownwell’s Navarre Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Navarre with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Navarre 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 Navarre, Ohio
Property taxes in Navarre, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Navarre is 1.55%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Navarre set these rates annually, and they can vary significantly across different neighborhoods. Each year, Navarre 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 Navarre's effective property tax rate to other areas in Ohio and the national median. For comparison, the 44662 zip code has the highest median property tax rate of 1.55%, while the same zip code also has the lowest median tax rate of 1.55%. Understanding how these areas compare with Navarre 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 Navarre Tax Rate
1.55%
Average Stark County Tax Rate
1.67%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Navarre, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44662 | 0.42% | 0.96% | 1.55% | 1.55% | 2.98% |
Source: Ownwell
Property Tax Assessment Values Across Navarre, Ohio
In Navarre, 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. 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 Navarre helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Navarre is 44662, with a median of $448, while the lowest is also 44662 with the same median value.
Average Navarre Assessed Value
$105,100
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 Navarre, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44662 | $7,200 | $30,600 | $105,100 | $158,900 | $228,950 |
Source: Ownwell
Property Tax Bills Across Navarre, Ohio
In Navarre, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the Stark County Assessor's Office. The assessed value is a percentage of the home's market value, and this figure is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $105,100, the tax bills can vary significantly. Homeowners in the 25th percentile pay around $150, while those in the 75th percentile face bills of approximately $611. At the higher end, the 90th percentile sees tax bills reaching $1,468. Several factors influence these amounts, including the home's location within Stark County, any applicable exemptions, and the specific tax rates set by local authorities. Compared to the national median property tax rate of 0.99%, Navarre's rates can offer some relief to homeowners. Understanding these elements helps homeowners anticipate their financial obligations and plan accordingly.
Average Navarre Tax Bill
$448
Average Stark County Tax Bill
$801
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Navarre, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44662 | $60 | $150 | $448 | $611 | $1,468 |
Source: Ownwell