West Mansfield, Union County, Ohio Property Taxes
The median property tax rate in West Mansfield, OH is 1.39%, which is 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 West Mansfield at $199,110, the typical annual property tax bill reaches $2,746, slightly below the national median of $2,690. Property taxes in West Mansfield 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 West Mansfield'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 West Mansfield or another part of Union County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Mansfield, Union County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$2,768
$2,568
Ownwell’s WEST MANSFIELD Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WEST MANSFIELD with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WEST MANSFIELD 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 West Mansfield, Union County, Ohio
Property taxes in West Mansfield, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Mansfield is 1.39%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within West Mansfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Mansfield 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 West Mansfield's effective property tax rate to other areas in Ohio and the national median. For comparison, the 43358 ZIP code has the highest median property tax rate of 1.39%, while the same ZIP code also has the lowest median tax rate of 1.39%. Understanding how these areas compare with West Mansfield provides valuable insights into the varying tax landscape across Union County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Mansfield Tax Rate
1.39%
Average Union County Tax Rate
1.44%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Mansfield, Union County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43358 | 0.95% | 1.27% | 1.39% | 1.50% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across West Mansfield, Union County, Ohio
In West Mansfield, Ohio, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Union 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 West Mansfield, 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. For instance, the median home price in West Mansfield is $199,110, with tax bills ranging from $1,944 at the 25th percentile to $5,562 at the 90th percentile. The zip code with the highest and lowest median tax bill is 43358, both at $2,746. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across West Mansfield, Union County, Ohio
Source: Ownwell
$80,885
$406,688
$732,490
Average West Mansfield Assessed Value
$199,110
Average Union County Assessed Value
$249,955
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Mansfield, Union County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43358 | $74,734 | $137,340 | $199,110 | $308,130 | $427,076 |
Source: Ownwell
Property Tax Bills Across West Mansfield, Union County, Ohio
In West Mansfield, Union County, OH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value, which is determined by the county assessor. Homeowners in West Mansfield face varying tax bills depending on their property's assessed value and the specific tax rate applied. For instance, the median home price in West Mansfield is $199,110. With a national median property tax rate of 0.99%, homeowners might expect a tax bill around this rate, but local variations can significantly impact the final amount. The 25th percentile of tax bills in the area is $1,944, while the 75th percentile reaches $4,121, and the 90th percentile climbs to $5,562. These figures illustrate the range of property tax burdens homeowners can face. Higher property tax bills can affect homeowners by increasing their annual housing costs, potentially influencing decisions on home purchases and long-term residency. Understanding these factors is crucial for homeowners to manage their financial planning effectively.
Average West Mansfield Tax Bill
$2,746
Average Union County Tax Bill
$3,900
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across West Mansfield, Union County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43358 | $1,022 | $1,944 | $2,746 | $4,121 | $5,562 |
Source: Ownwell