Marietta, Ohio Property Taxes
The median property tax rate in Marietta, OH is 1.18%, which is higher than the national median of 0.99% but lower than Ohio's state median of 1.80%. With a median home value of $119,330 in Marietta, the typical annual property tax bill amounts to $1,370, falling below the national median of $2,690. Property taxes in Marietta are calculated based on the assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Marietta's property tax system, exploring available exemptions, and pinpointing reduction opportunities can result in substantial annual savings. Whether residing in the heart of Marietta or its surrounding areas, grasping the local property tax intricacies is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Marietta, 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 Marietta Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Marietta with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Marietta to provide an estimated property tax bill. This user-friendly tool offers a clear understanding of potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Washington County for tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Marietta, Ohio
Property taxes in Marietta, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marietta is 1.18%, higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Marietta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marietta 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 Marietta's effective property tax rate to other counties in Ohio and the national median. For comparison, the 45750 zip code has the highest median property tax rate of 1.18%, while the lowest median tax rate is also 1.18% in the same zip code. Understanding how these cities compare with Marietta 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 Marietta Tax Rate
1.18%
Average Washington County Tax Rate
1.22%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marietta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45750 | 1.01% | 1.15% | 1.18% | 1.27% | 1.35% |
| 45768 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Marietta, Ohio
In Marietta, 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. 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 Marietta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 45750, with a median tax bill of $1,370.
Average Marietta Assessed Value
$119,330
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 Marietta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45750 | $9,128 | $54,395 | $119,330 | $178,290 | $245,592 |
| 45768 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Marietta, Ohio
In Marietta, Washington County, OH, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Several factors influence the assessed value, including the home's location, size, age, and condition. For homeowners in Marietta, the median home price is $119,330. Depending on the specific assessed value and applicable tax rate, property tax bills can vary significantly. At the 25th percentile, homeowners might see a tax bill around $620, while those at the 75th percentile could face bills up to $2,124. For the top 10% of properties, tax bills can reach as high as $2,950. Compared to the national median property tax rate of 0.99%, Marietta's property tax rates provide a range of bills that reflect the diverse property values within the city. This variation in tax bills can significantly impact homeowners' annual budgets and long-term financial planning.
Average Marietta Tax Bill
$1,370
Average Washington County Tax Bill
$1,235
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Marietta, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45750 | $121 | $620 | $1,370 | $2,124 | $2,950 |
| 45768 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell