Kidron, Ohio Property Taxes
The median property tax rate in Kidron, OH is 1.80%, aligning with the Ohio state median but significantly higher than the national median of 0.99%. With the median home value in Kidron at $207,165, the typical annual property tax bill reaches $3,733, far exceeding the national median of $2,690. Property taxes in Kidron are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Kidron'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 Kidron 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
Kidron, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,729
Ownwell’s Kidron Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kidron with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kidron 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 Kidron, Ohio
Property taxes in Kidron, Ohio, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kidron is 1.80%, significantly higher than both the Ohio state median of 1.36% and the U.S. national median of 0.99%. Local government entities within Kidron set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kidron 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 Kidron's effective property tax rate to other areas in Wayne County and the national median. For comparison, the 44636 zip code has the highest median property tax rate of 1.80%, while the same zip code also has the lowest median tax rate of 1.80%. Understanding how these areas compare with Kidron 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 Kidron Tax Rate
1.80%
Average Wayne County Tax Rate
1.80%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kidron, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44636 | 1.78% | 1.79% | 1.80% | 1.81% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Kidron, Ohio
In Kidron, 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 Kidron, 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 Kidron helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Kidron is $207,165, with the highest and lowest median tax bills being $3,733 in the 44636 zip code.
Average Kidron Assessed Value
$207,165
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 Kidron, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44636 | $206,857 | $206,972 | $207,165 | $207,358 | $207,473 |
Source: Ownwell
Property Tax Bills Across Kidron, Ohio
In Kidron, Wayne County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value typically reflects a percentage of the property's market value. Homeowners in Kidron can expect their property tax bills to be influenced by the median home price of $207,165. The tax rate in this area is crucial in determining the final tax bill, which varies across different percentiles. For instance, the 25th percentile tax bill stands at $3,711, while the 75th percentile is slightly higher at $3,755. The 90th percentile tax bill reaches $3,768. The highest and lowest median tax bills in Kidron are both at $3,733, indicating a relatively consistent tax rate across the region. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and public safety. Comparing this to the national median property tax rate of 0.99%, Kidron's tax rates reflect the community's investment in maintaining and improving local amenities.
Average Kidron Tax Bill
$3,733
Average Wayne County Tax Bill
$2,548
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Kidron, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44636 | $3,699 | $3,711 | $3,733 | $3,755 | $3,768 |
Source: Ownwell