West Unity, Williams County, Ohio Property Taxes
The median property tax rate in West Unity, OH is 1.57%, 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 Unity at $103,100, the typical annual property tax bill reaches $1,573, which is below the national median of $2,690. Property taxes in West Unity 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 Unity'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 Unity 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
West Unity, Williams County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$1,619
$1,502
Ownwell’s West Unity Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Unity with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Unity 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 Unity, Williams County, Ohio
Property taxes in West Unity, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Unity is 1.57%, significantly higher than the U.S. national median of 0.99%. Local government entities within West Unity set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Unity 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 Unity's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43570 zip code has the highest median property tax rate of 1.57%, while the same zip code also has the lowest median tax rate of 1.57%. Understanding how these cities compare with West Unity provides valuable insights into the varying tax landscape across Williams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Unity Tax Rate
1.57%
Average Williams County Tax Rate
1.51%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Unity, Williams County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43570 | 1.12% | 1.48% | 1.57% | 1.65% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across West Unity, Williams County, Ohio
In West Unity, 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 Williams 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 Unity, 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 West Unity helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 43570 has the highest and lowest median tax bill, both at $1,573.
Property Tax Assessment Values Across West Unity, Williams County, Ohio
Source: Ownwell
$36,500
$103,550
$170,600
Average West Unity Assessed Value
$103,100
Average Williams County Assessed Value
$99,000
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Unity, Williams County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43570 | $45,640 | $73,625 | $103,100 | $150,475 | $219,360 |
Source: Ownwell
Property Tax Bills Across West Unity, Williams County, Ohio
In West Unity, located in Williams County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in West Unity is $103,100, and homeowners can expect varying tax bills depending on their property's assessed value and specific tax rate. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. For instance, tax bills in the 25th percentile are around $1,129, whereas those in the 75th percentile can reach $2,221. At the 90th percentile, homeowners might face tax bills as high as $3,097. These property taxes directly impact homeowners by contributing to local services such as schools, public safety, and infrastructure. Comparing these figures to the national median property tax rate of 0.99% provides context for understanding how West Unity's property taxes align with broader trends.
Average West Unity Tax Bill
$1,573
Average Williams County Tax Bill
$1,468
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across West Unity, Williams County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43570 | $630 | $1,129 | $1,573 | $2,221 | $3,097 |
Source: Ownwell