Dalton, Ohio Property Taxes
The median property tax rate in Dalton, Ohio is 1.61%, 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 Dalton at $170,260, the typical annual property tax bill reaches $2,689, which is just below the national median of $2,690. Property taxes in Dalton 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 Dalton'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 Dalton or another part of Wayne County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dalton, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.61%
Estimate Property Tax Bill
$2,741
Ownwell’s Dalton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dalton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dalton 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 Dalton, Ohio
Property taxes in Dalton, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dalton is 1.61%, significantly higher than the U.S. national median of 0.99%. Local government entities within Dalton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dalton 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 Dalton's effective property tax rate to other regions in Ohio and the national median. For comparison, the 44618 zip code has the highest median property tax rate of 1.61%, while the 44618 zip code also has the lowest median tax rate of 1.61%. Understanding how these cities compare with Dalton provides valuable insights into the varying tax landscape across Wayne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dalton Tax Rate
1.61%
Average Wayne County Tax Rate
1.80%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dalton, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44618 | 1.00% | 1.48% | 1.61% | 1.81% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Dalton, Ohio
In Dalton, 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 Wayne 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 Dalton, 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. For example, the median home price in Dalton is $170,260. The tax bill for the 25th percentile is around $1,839, while the 75th percentile sees a tax bill of approximately $3,694. The highest median tax bill is $2,689 in the 44618 zip code, which also has the lowest median tax bill at the same amount. 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 Dalton Assessed Value
$170,260
Average Wayne County Assessed Value
$144,025
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dalton, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44618 | $69,370 | $115,435 | $170,260 | $238,278 | $372,425 |
Source: Ownwell
Property Tax Bills Across Dalton, Ohio
In Dalton, Wayne County, OH, property tax bills are determined based on the assessed value of a home, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Various factors influence the assessed value, including the home's size, location, and condition. For instance, the median home price in Dalton is $170,260, and homeowners can expect to pay an annual tax bill ranging from $1,839 at the 25th percentile to $4,955 at the 90th percentile. These property taxes fund essential public services such as schools, emergency services, and infrastructure maintenance. Compared to the national median property tax rate of 0.99%, Dalton's property tax rates can significantly impact homeowners, especially those with properties at the higher end of the market. Understanding how these taxes are calculated can help homeowners budget effectively and possibly seek exemptions or appeals to reduce their tax burden.
Average Dalton Tax Bill
$2,689
Average Wayne County Tax Bill
$2,548
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Dalton, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44618 | $1,040 | $1,839 | $2,689 | $3,694 | $4,955 |
Source: Ownwell