North Canton, Ohio Property Taxes
The median property tax rate in North Canton, OH is 1.09%, slightly higher than the national median of 0.99%, yet significantly lower than the Ohio state median of 1.80%. With a median home value of $181,100 in North Canton, the typical annual property tax bill amounts to $1,606, which is below the national median of $2,690. Property taxes in North Canton are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding North Canton’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 North Canton 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
North Canton, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$1,974
Ownwell’s North Canton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Canton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North Canton 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 North Canton, Ohio
Property taxes in North Canton, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Canton is 1.09%, which is higher than the U.S. national median of 0.99%. Local government entities within North Canton set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Canton 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 North Canton's effective property tax rate to other areas in Stark County and the national median. For comparison, the 44709 zip code has the highest median property tax rate of 1.22%, while the 44720 zip code has the lowest median tax rate of 1.09%. Understanding how these areas compare with North Canton 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 North Canton Tax Rate
1.09%
Average Stark County Tax Rate
1.67%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across North Canton, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44709 | 0.80% | 0.90% | 1.22% | 2.87% | 3.96% |
| 44720 | 0.66% | 0.94% | 1.09% | 2.01% | 3.17% |
Source: Ownwell
Property Tax Assessment Values Across North Canton, Ohio
In North Canton, 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 North Canton, 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 North Canton is $2,401 in zip code 44709, while the lowest is $1,575 in zip code 44720. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average North Canton Assessed Value
$181,100
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 North Canton, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44709 | $107,520 | $133,600 | $175,300 | $223,500 | $291,360 |
| 44720 | $110,500 | $139,700 | $181,500 | $244,000 | $334,340 |
Source: Ownwell
Property Tax Bills Across North Canton, Ohio
In North Canton, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Stark County determines the assessed value, and local tax rates are then applied to this figure. The median home price in North Canton is $181,100, which provides a baseline for understanding local property taxes. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and specific levies for schools, infrastructure, and public services. For example, the tax bill for the 25th percentile is $526, while it rises significantly to $2,791 at the 75th percentile. At the 90th percentile, it can reach as high as $5,222. Homeowners in the zip code with the highest median tax bill, 44709, pay around $2,401, whereas those in the 44720 zip code face a lower median bill of $1,575. These property taxes fund essential community services but can also impact homeowners' budgets, making it crucial to understand how these figures are derived and managed.
Average North Canton Tax Bill
$1,606
Average Stark County Tax Bill
$801
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across North Canton, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44709 | $930 | $1,677 | $2,401 | $4,575 | $8,392 |
| 44720 | $28 | $407 | $1,575 | $2,781 | $5,136 |
Source: Ownwell