Newton Falls, Trumbull County, Ohio Property Taxes

Name: Property Tax Bills Across Newton Falls, Trumbull County, Ohio
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Newton Falls, Ohio effective property tax rate: 1.79%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%. Median Newton Falls, Ohio home value: $82,600. Median annual Newton Falls, Ohio tax bill: $1,373, $1,027 lower than the national median property tax bill of $2,400. How are property taxes in Trumbull calculated? Property taxes in Newton Falls, Ohio are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Newton Falls’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Newton Falls, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Newton Falls, Trumbull County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.79%

Estimate Property Tax Bill

$1,479

$1,372

Ownwell’s Newton Falls Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Newton Falls with just two data points. By entering your property's estimated assessed value, our calculator applies Newton Falls’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Trumbull County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Newton Falls, Trumbull County, Ohio

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Newton Falls in Trumbull County, Ohio, has an effective property tax rate that stands out when compared to other cities in Ohio. The county's median tax rate is significantly above the national median of 1.02%. This makes it crucial for property owners in Newton Falls to understand their property tax obligations and explore potential savings through appeals and exemptions. By comparing local rates to both state and national medians, property owners can gain insights into their tax liabilities and explore opportunities to reduce their tax burden. Understanding these differences is key to making informed decisions about property ownership and management in Newton Falls.

Property Tax Rates Across Newton Falls, Trumbull County, Ohio

Source: Ownwell

1.39%

1.88%

2.37%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Newton Falls Tax Rate

1.79%

Median Effective Trumbull County Tax Rate

1.84%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Newton Falls, Trumbull County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44444	1.21%	1.50%	1.79%	1.80%	1.82%

Source: Ownwell

Property Tax Assessment Values Across Newton Falls, Trumbull County, Ohio

When examining property taxes in Newton Falls, Ohio, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Trumbull County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Trumbull County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Newton Falls. For example, the median home price in Newton Falls is $82,600, with tax bills ranging significantly across the county. Zip code 44444 has the highest median home price at $82,600.

Property Tax Assessment Values Across Newton Falls, Trumbull County, Ohio

Source: Ownwell

$26,700

$106,850

$187,000

Median Newton Falls Market Value

$82,600

Median Trumbull County Market Value

$82,000

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Newton Falls, Trumbull County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44444	$26,800	$58,300	$82,600	$118,500	$164,200

Source: Ownwell

Property Tax Bills Across Newton Falls, Trumbull County, Ohio

In Newton Falls, located in Trumbull County, Ohio, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the property's market value, which is determined by the county assessor. The tax rate is then applied to this assessed value to calculate the annual tax bill. For homeowners in Newton Falls, the median home price is $82,600, leading to a variety of tax bills. For instance, homeowners at the 25th percentile pay around $928, while those at the 75th percentile face bills of approximately $1,945. At the 90th percentile, tax bills can reach $2,793. Compared to the national median property tax bill of $2,400, Newton Falls offers a relatively affordable property tax environment. However, homeowners can still benefit from reducing their tax burden. Ownwell specializes in property tax appeals and exemptions, helping homeowners potentially lower their tax bills by ensuring their properties are not over-assessed, thus leading to significant savings.

Property Tax Bills Across Newton Falls, Trumbull County, Ohio

Source: Ownwell

$631

$1,628

$2,624

Median Newton Falls Tax Bill

$1,373

Median Trumbull County Tax Bill

$1,518

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Newton Falls, Trumbull County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44444	$481	$928	$1,373	$1,945	$2,793

Source: Ownwell