Beach City, Ohio Property Taxes
The median property tax rate in BEACH CITY, OH is 1.46%, considerably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in BEACH CITY at $142,460, the typical annual property tax bill reaches $1,884, which is below the national median of $2,690. Property taxes in BEACH CITY 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 BEACH CITY'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 BEACH CITY 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
Beach City, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$2,080
$1,930
Ownwell’s Beach City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beach City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beach City 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 Beach City, Ohio
Property taxes in Beach City, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beach City is 1.46%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Beach City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beach City 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 Beach City's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44608 zip code has the highest median property tax rate of 1.46%, while the same zip code also has the lowest median tax rate of 1.46%. Understanding how these cities compare with Beach City provides valuable insights into the varying tax landscape across Tuscarawas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beach City Tax Rate
1.46%
Average Tuscarawas County Tax Rate
1.35%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beach City, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44608 | 1.27% | 1.35% | 1.46% | 1.52% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Beach City, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Beach City, 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 Tuscarawas 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 Beach City, 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. For instance, homeowners in the 44608 zip code experience the highest median tax bill at $1,884, while those in the same zip code also face the lowest median tax bill of $1,884. 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 Beach City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Beach City Assessed Value
$142,460
Average Tuscarawas County Assessed Value
$122,160
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beach City, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44608 | $26,125 | $74,108 | $142,460 | $204,255 | $276,010 |
Source: Ownwell
Property Tax Bills Across Beach City, Ohio
In Beach City, Tuscarawas County, OH, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. For homeowners in Beach City, the median home price is $142,460. Property tax bills vary significantly, with the 25th percentile paying around $1,090 and the 75th percentile paying up to $2,996. At the higher end, the 90th percentile sees bills as high as $4,185. These variations in tax bills are influenced by several factors, including property location, market value fluctuations, and local tax rates. For instance, the highest and lowest median tax bills in the area are both $1,884, highlighting a relatively uniform tax rate within certain neighborhoods. Compared to the national median property tax rate of 0.99%, homeowners in Beach City experience varying financial impacts, depending on their specific property values and local tax assessments.
Average Beach City Tax Bill
$1,884
Average Tuscarawas County Tax Bill
$1,645
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Beach City, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44608 | $390 | $1,090 | $1,884 | $2,996 | $4,185 |
Source: Ownwell