Doylestown, Ohio Property Taxes
The median property tax rate in Doylestown, OH is 0.91%, which is lower than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Doylestown at $117,000, the typical annual property tax bill is $1,064, falling below the national median of $2,690. Property taxes in Doylestown are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Doylestown'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 Doylestown 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
Doylestown, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$1,065
$988
Ownwell’s Doylestown Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Doylestown. By simply entering your property's estimated assessed value, the calculator utilizes the median tax rate in Doylestown to provide a precise estimate of your property tax bill. This powerful tool helps you understand potential tax liabilities with ease. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is determined by the county for tax calculations and includes any applicable exemptions, giving you a clear picture of your financial obligations.
Property Tax Rates Across Doylestown, Ohio
Property taxes in Doylestown, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Doylestown is 0.91%, which is slightly below the U.S. national median of 0.99%. Local government entities within Doylestown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Doylestown 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. For comparison, the zip code 44230 has both the highest and lowest median property tax rate of 0.91%. Understanding how these cities compare with Doylestown provides valuable insights into the varying tax landscape across Summit County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Doylestown Tax Rate
0.91%
Average Summit County Tax Rate
1.63%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Doylestown, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44230 | 0.91% | 0.91% | 0.91% | 0.91% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Doylestown, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Doylestown, 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 Summit 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 Doylestown, 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 Doylestown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Doylestown are both $1,064, found in the 44230 zip code.
Average Doylestown Assessed Value
$117,000
Average Summit County Assessed Value
$168,880
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Doylestown, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44230 | $117,000 | $117,000 | $117,000 | $117,000 | $117,000 |
Source: Ownwell
Property Tax Bills Across Doylestown, Ohio
In Doylestown, located in Summit County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Doylestown is $117,000. Property tax rates are applied to this assessed value to determine the annual tax bill. The median property tax rate in Doylestown is 0.91%, slightly below the national median of 0.99%. For homeowners, this means that property taxes are a significant annual expense. In Doylestown, the tax bill at the 25th, 75th, and 90th percentiles is consistently $1,064, reflecting a stable tax environment. This consistency can help homeowners budget more effectively for their annual expenses. However, the tax burden can still impact the affordability of homeownership, especially for those on fixed incomes. Understanding how these taxes are calculated and their potential impact is crucial for current and prospective homeowners in Doylestown.
Average Doylestown Tax Bill
$1,064
Average Summit County Tax Bill
$2,683
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Doylestown, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44230 | $1,064 | $1,064 | $1,064 | $1,064 | $1,064 |
Source: Ownwell