Belpre, Ohio Property Taxes
The median property tax rate in Belpre, OH is 1.37%, slightly above the national median of 0.99% but lower than the Ohio state median of 1.80%. With a median home value of $114,725 in Belpre, the typical annual property tax bill amounts to $1,504, which is below the national median of $2,690. Property taxes in Belpre are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Belpre'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 Belpre or another part of Washington County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Belpre, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$1,572
Ownwell’s Belpre Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Belpre with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Belpre 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 Belpre, Ohio
Property taxes in Belpre, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belpre is 1.37%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Belpre set these rates annually, and they can vary significantly across different neighborhoods. Each year, Belpre 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 Belpre's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45714 zip code has the highest median property tax rate of 1.37%, while the 45714 zip code also has the lowest median tax rate of 1.37%. Understanding how these cities compare with Belpre provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belpre Tax Rate
1.37%
Average Washington County Tax Rate
1.22%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belpre, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45714 | 1.09% | 1.34% | 1.37% | 1.41% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Belpre, Ohio
In Belpre, 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 Washington 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 Belpre, 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 Belpre helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,504 in zip code 45714, while the lowest median tax bill is also $1,504 in the same zip code.
Average Belpre Assessed Value
$114,725
Average Washington County Assessed Value
$106,255
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belpre, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45714 | $9,200 | $62,448 | $114,725 | $167,878 | $230,800 |
Source: Ownwell
Property Tax Bills Across Belpre, Ohio
In Belpre, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $114,725, homeowners can expect varying tax bills depending on their property's specific characteristics and the local tax rate. Factors such as property size, location, and any applicable exemptions or deductions play a crucial role in determining the final tax amount. In Washington County, the tax bill at the 25th percentile is around $833, while those at the 75th percentile pay approximately $2,226. Homeowners at the 90th percentile face tax bills as high as $3,100. Comparatively, the national median property tax rate is 0.99%, making it essential for Belpre homeowners to understand how these factors influence their property tax obligations. This understanding helps in better financial planning and ensuring compliance with local tax regulations.
Average Belpre Tax Bill
$1,504
Average Washington County Tax Bill
$1,235
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Belpre, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45714 | $164 | $833 | $1,504 | $2,226 | $3,100 |
Source: Ownwell