Deshler, Ohio Property Taxes
The median property tax rate in Deshler, OH is 1.17%, which is 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 Deshler at $153,100, the typical annual property tax bill reaches $1,850, which is below the national median of $2,690. Property taxes in Deshler 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 Deshler'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 Deshler 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
Deshler, 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 Deshler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Deshler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Deshler 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 Deshler, Ohio
Property taxes in Deshler, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Deshler is 1.17%, significantly higher than the Ohio state median of 1.36% and the U.S. national median of 0.99%. Local government entities within Deshler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Deshler 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 Deshler's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43516 zip code has the highest median property tax rate of 1.17%, while the 43516 zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Deshler provides valuable insights into the varying tax landscape across Wood County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Deshler Tax Rate
1.17%
Average Wood County Tax Rate
1.62%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deshler, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43516 | 1.12% | 1.15% | 1.17% | 1.21% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Deshler, Ohio
In Deshler, 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 Wood 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 Deshler, 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. For instance, the median home price in Deshler is $153,100, with tax bills ranging from $1,279 at the 25th percentile to $3,177 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 43516, standing at $1,850. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Deshler Assessed Value
$153,100
Average Wood County Assessed Value
$163,900
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Deshler, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43516 | $70,820 | $106,900 | $153,100 | $217,350 | $270,800 |
Source: Ownwell
Property Tax Bills Across Deshler, Ohio
In Deshler, located in Wood County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the home's market value. Homeowners in this area face a range of property tax bills, with the 25th percentile paying around $1,279 and the 75th percentile paying up to $2,547. At the 90th percentile, the tax bill can reach as high as $3,177. These figures are influenced by various factors, including the property's size, location, and any improvements or additions. Property taxes in Deshler can significantly impact homeowners' finances, especially when compared to the national median property tax rate of 0.99%. The highest median tax bill in the area is $1,850, which is consistent across zip code 43516. Understanding these factors can help homeowners better anticipate their financial obligations and plan accordingly.
Average Deshler Tax Bill
$1,850
Average Wood County Tax Bill
$2,615
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Deshler, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43516 | $853 | $1,279 | $1,850 | $2,547 | $3,177 |
Source: Ownwell