Bowerston, Carroll County, Ohio Property Taxes

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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. Below, you can compare Bowerston’s effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S.

Bowerston, located in Carroll County, has a median property tax rate of 1.37%, which is above the national median of 1.02%. This means that homeowners in Bowerston might pay more in property taxes compared to the average American homeowner. However, this rate aligns with the highest and lowest median tax rates within the same zip code, 44695, indicating a consistent tax environment in Bowerston. Understanding these rates can help homeowners anticipate their property tax obligations and explore potential savings through appeals or exemptions.

In Bowerston, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. With a median home price of $82,800, the local property tax rate results in a median tax bill of $1,080. This is significantly lower than the national median property tax bill of $2,400, reflecting the relatively modest property values in the area. The tax bills can vary widely, with some homeowners paying as little as $558, while others might see bills as high as $2,295, depending on the specific valuation and applicable exemptions.

For homeowners, these taxes can be a significant expense, impacting overall affordability and financial planning. This is where Ownwell comes in. By offering property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax burden. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can assist homeowners in lowering their tax bills, ensuring they are not overpaying and enhancing their financial well-being.