Minerva, Columbiana County, Ohio Property Taxes
Median Minerva, OH effective property tax rate: 1.47%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Minerva, OH home value: $132,600
Median annual Minerva, OH tax bill: $1,793, $607 lower than the national median property tax bill of $2,400.
How are property taxes in Columbiana calculated?
Property taxes in Minerva, 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 Minerva’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Minerva, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Minerva, Columbiana County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.41%
Estimate Property Tax Bill
$1,882
$1,746
Property Tax Rates Across Minerva, Columbiana County, Ohio
Local government entities are responsible for setting tax rates, which can vary widely within Ohio. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
Minerva in Columbiana County has an effective property tax rate that stands out when compared to other cities in Ohio and the national average. Ohio's median property tax rate is 1.47%, which is notably higher than the national median of 1.02%. This means that homeowners in Minerva might experience a higher property tax burden compared to other regions in the U.S. Understanding these rates is crucial for homeowners looking to manage their expenses effectively. By staying informed and considering property tax appeal services, residents can potentially reduce their tax liabilities and achieve significant savings.
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 Minerva Tax Rate
1.41%
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 Columbiana County Tax Rate
1.30%
Median Effective Ohio Tax Rate
1.60%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Minerva, Columbiana County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44657 | 1.05% | 1.33% | 1.41% | 1.44% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Minerva, Columbiana County, Ohio
When examining property taxes in Minerva, 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 Columbiana 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 Columbiana 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 Minerva.
For example, the median home price in Minerva is $132,600, with tax bills ranging significantly across the county. Zip code 44657 has the highest median home price at $132,600.
Property Tax Assessment Values Across Minerva, Columbiana County, Ohio
Source: Ownwell
$60,400
$107,100
$153,800
Median Minerva Market Value
$133,450
Median Columbiana County Market Value
$96,900
Median Ohio Market Value
$168,370
Median United States Market Value
$235,294
Property Tax Assessment Values Across Minerva, Columbiana County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44657 | $37,960 | $88,425 | $133,450 | $182,325 | $256,300 |
Source: Ownwell
Property Tax Bills Across Minerva, Columbiana County, Ohio
Median Minerva Tax Bill
$1,714
Median Columbiana County Tax Bill
$1,188
Median Ohio Tax Bill
$2,789
Median United States Tax Bill
$2,400
Property Tax Bills Across Minerva, Columbiana County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44657 | $458 | $1,152 | $1,714 | $2,435 | $3,396 |
Source: Ownwell