East Sparta, Ohio Property Taxes
The median property tax rate in East Sparta, OH is 1.34%, which is considerably higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value in East Sparta of $111,580, the typical annual property tax bill reaches $1,307, falling below the national median of $2,690. Property taxes in East Sparta 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 East Sparta'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 East Sparta 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
East Sparta, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$1,495
Ownwell’s East Sparta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in East Sparta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in East Sparta 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 East Sparta, Ohio
Property taxes in East Sparta, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Sparta is 1.34%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within East Sparta set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Sparta 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 East Sparta's effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 44626 has both the highest and lowest median property tax rate of 1.34%. Understanding how these cities compare with East Sparta 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 East Sparta Tax Rate
1.34%
Average Tuscarawas County Tax Rate
1.35%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Sparta, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44626 | 1.00% | 1.06% | 1.34% | 1.41% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across East Sparta, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in East Sparta, Ohio. The market value represents 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 East Sparta, 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 East Sparta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in East Sparta is $111,580, with tax bills ranging from $1,163 at the 25th percentile to $2,048 at the 90th percentile. Notably, the zip code 44626 has both the highest and lowest median tax bill at $1,307.
Average East Sparta Assessed Value
$111,580
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 East Sparta, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44626 | $59,841 | $94,705 | $111,580 | $133,208 | $160,985 |
Source: Ownwell
Property Tax Bills Across East Sparta, Ohio
In East Sparta, located in Tuscarawas County, OH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the market value of the property. Once the assessed value is determined, the local tax rate is applied to calculate the annual property tax bill. For East Sparta, the tax rate contributes to a median tax bill of $1,307, which is slightly above the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions or deductions. Homeowners in East Sparta can expect tax bills to vary, with the 25th percentile tax bill at $1,163 and the 75th percentile at $1,686. For those in the 90th percentile, the tax bill can go up to $2,048. These taxes fund essential local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents.
Average East Sparta Tax Bill
$1,307
Average Tuscarawas County Tax Bill
$1,645
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across East Sparta, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44626 | $959 | $1,163 | $1,307 | $1,686 | $2,048 |
Source: Ownwell