Fairpoint, Belmont County, Ohio Property Taxes

Name: Property Tax Bills Across Fairpoint, Belmont County, Ohio
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Fairpoint, OH effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Fairpoint, OH home value: $40,185
Median annual Fairpoint, OH tax bill: $295, $2,105 lower than the national median property tax bill of $2,400.

How are property taxes in Belmont calculated?

Property taxes in Fairpoint, OH are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Fairpoint’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fairpoint, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fairpoint, Belmont County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$442

$410

Ownwell’s Fairpoint Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fairpoint with just two data points. By entering your property's estimated assessed value, our calculator applies Fairpoint’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Belmont County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fairpoint, Belmont County, Ohio

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Fairpoint, located in Belmont County, Ohio, the effective property tax rate reflects this process. The median property tax rate in Ohio is 1.10%, which is slightly above the national median of 1.02%. This means that homeowners in Fairpoint might see a higher property tax bill compared to the national median, which stands at $2,400. However, it's essential to consider that property tax rates can vary significantly within the state, depending on the county's budgetary needs and the total assessed value of properties. Comparing Fairpoint’s effective property tax rate to other cities in Ohio can provide insight into how local government decisions impact property tax obligations.

Property Tax Rates Across Fairpoint, Belmont County, Ohio

Source: Ownwell

1.11%

1.39%

1.67%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Fairpoint Tax Rate

1.10%

Median Effective Belmont County Tax Rate

1.29%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fairpoint, Belmont County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43927	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Fairpoint, Belmont County, Ohio

When examining property taxes in Fairpoint, Ohio, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Belmont County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Belmont County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fairpoint.

For example, the median home price in Fairpoint is $40,185, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Fairpoint, Belmont County, Ohio

Source: Ownwell

$16,435

$80,833

$145,230

Median Fairpoint Market Value

$40,185

Median Belmont County Market Value

$74,065

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fairpoint, Belmont County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43927	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Fairpoint, Belmont County, Ohio

In Fairpoint, located in Belmont County, Ohio, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Fairpoint is $40,185, resulting in tax bills that can vary significantly. For instance, homeowners at the 25th percentile can expect a tax bill of around $111, while those at the 75th and 90th percentiles might face bills of approximately $485 and $524, respectively. These figures highlight how property taxes can impact homeowners differently depending on their property's assessed value. Compared to the national median property tax bill of $2,400, Fairpoint's tax bills are relatively low, but they can still be a financial burden for some homeowners. Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging local expertise, Ownwell helps homeowners potentially lower their tax bills, ensuring they only pay their fair share. This service can be especially beneficial in areas like Fairpoint, where even modest savings can make a difference.

Property Tax Bills Across Fairpoint, Belmont County, Ohio

Source: Ownwell

$270

$1,001

$1,732

Median Fairpoint Tax Bill

$295

Median Belmont County Tax Bill

$992

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Fairpoint, Belmont County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43927	N/A	N/A	N/A	N/A	N/A

Source: Ownwell