Zoar, Ohio Property Taxes
The median property tax rate in Zoar, OH is 1.68%, which is considerably higher than the national median of 0.99% but slightly lower than Ohio's state median of 1.80%. With the median home value in Zoar at $176,100, the typical annual property tax bill reaches $2,993, exceeding the national median of $2,690. Property taxes in Zoar are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Zoar'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 Zoar 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
Zoar, Ohio Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,600
Ownwell’s Zoar Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Zoar with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Zoar 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 Zoar, Ohio
Property taxes in Zoar, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Zoar is 1.68%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Zoar set these rates annually, and they can vary significantly across different neighborhoods. Each year, Zoar 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 Zoar's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44697 zip code has both the highest and lowest median property tax rate of 1.68%. Understanding how these cities compare with Zoar 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 Zoar Tax Rate
1.68%
Average Tuscarawas County Tax Rate
1.35%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Zoar, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44697 | 1.41% | 1.56% | 1.68% | 1.71% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Zoar, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Zoar, 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 Zoar, 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. The median home price in Zoar is $176,100, with tax bills ranging from $1,817 at the 25th percentile to $5,010 at the 90th percentile. The highest and lowest median tax bills are both $2,993 in the 44697 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Zoar Assessed Value
$176,100
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 Zoar, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44697 | $77,310 | $122,838 | $176,100 | $234,102 | $299,608 |
Source: Ownwell
Property Tax Bills Across Zoar, Ohio
In Zoar, located in Tuscarawas County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by county tax assessors. The assessed value is a percentage of the property's market value, reflecting local real estate conditions. The tax rate, applied to this assessed value, varies within the county but is influenced by local government budgets, school districts, and public services. For homeowners in Zoar, the property tax bill can range significantly. The 25th percentile tax bill is approximately $1,817, while the 75th percentile reaches around $3,940. At the 90th percentile, homeowners might see bills as high as $5,010. These variations indicate how different factors such as property location and specific assessments impact the final tax amount. Compared to the national median property tax rate of 0.99%, Zoar's property tax rates reflect both the local economic conditions and the valuation of properties. This affects homeowners by influencing their annual financial obligations and potentially impacting property values and marketability.
Average Zoar Tax Bill
$2,993
Average Tuscarawas County Tax Bill
$1,645
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Zoar, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44697 | $1,289 | $1,817 | $2,993 | $3,940 | $5,010 |
Source: Ownwell