Perrysburg, Ohio Property Taxes
The median property tax rate in Perrysburg, OH is 2.03%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Perrysburg at $255,600, the typical annual property tax bill reaches $5,152, exceeding the national median of $2,690. Property taxes in Perrysburg 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 Perrysburg'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 Perrysburg 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
Perrysburg, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.03%
Estimate Property Tax Bill
$5,189
$4,815
Ownwell’s Perrysburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Perrysburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Perrysburg 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 Perrysburg, Ohio
Property taxes in Perrysburg, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Perrysburg is 2.03%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Perrysburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Perrysburg 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 Perrysburg's effective property tax rate to other areas in Ohio and the national median. For comparison, the 43551 zip code has the highest median property tax rate of 2.03%, while the 43552 zip code has the lowest median tax rate of 1.54%. Understanding how these areas compare with Perrysburg 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 Perrysburg Tax Rate
2.03%
Average Wood County Tax Rate
1.62%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Perrysburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43551 | 1.71% | 2.00% | 2.03% | 2.07% | 2.27% |
| 43552 | 1.54% | 1.54% | 1.54% | 1.54% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Perrysburg, Ohio
In Perrysburg, 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 Perrysburg, 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 highest median tax bill in Perrysburg is $5,152 in the 43551 zip code, while the lowest is $3,026 in the 43552 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Perrysburg Assessed Value
$255,600
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 Perrysburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43551 | $31,200 | $173,000 | $255,600 | $349,800 | $462,500 |
| 43552 | $196,700 | $196,700 | $196,700 | $196,700 | $196,700 |
Source: Ownwell
Property Tax Bills Across Perrysburg, Ohio
In Perrysburg, located in Wood County, OH, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. The tax rate, expressed as a percentage, is then applied to this assessed value to calculate the annual property tax bill. For instance, with a median home price of $255,600, homeowners can expect varying tax bills depending on specific factors such as property location and exemptions. Several factors influence the final tax amount, including the property's assessed value, the local tax rate, and applicable exemptions or deductions. Homeowners in Perrysburg experience a range of property tax bills, with the 25th percentile at $3,354 and the 75th percentile at $7,036. The highest median tax bill in the area is $5,152 in the 43551 zip code, while the lowest is $3,026 in the 43552 zip code. These taxes significantly impact homeowners by affecting their annual housing costs and overall financial planning.
Average Perrysburg Tax Bill
$5,152
Average Wood County Tax Bill
$2,615
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Perrysburg, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43551 | $624 | $3,354 | $5,152 | $7,036 | $9,312 |
| 43552 | $3,026 | $3,026 | $3,026 | $3,026 | $3,026 |
Source: Ownwell