Coshocton, Holmes County, Ohio Property Taxes
Median Coshocton, OH effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Coshocton, OH home value: $56,670
Median annual Coshocton, OH tax bill: $581, $1,819 lower than the national median property tax bill of $2,400.
How are property taxes in Holmes calculated?
Property taxes in Coshocton, 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 Coshocton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Coshocton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Coshocton, Holmes County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$589
$547
Property Tax Rates Across Coshocton, Holmes County, Ohio
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county annually estimating its required budget to provide services, then dividing 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 Coshocton, located in Coshocton County, Ohio, the effective property tax rate is 1.60%, which is significantly higher than the national median of 1.02%. This means property owners in Coshocton pay a higher percentage of their property's assessed value in taxes compared to many other parts of the country. Meanwhile, the median property tax rate in Ohio is 1.48%. This comparison highlights how Coshocton’s rate is above the state median as well.
By understanding these rates, property owners can better navigate their tax responsibilities and explore opportunities for property tax appeals or exemptions, potentially reducing their financial burden.
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 Coshocton Tax Rate
1.04%
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 Holmes County Tax Rate
1.25%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Coshocton, Holmes County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43812 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Coshocton, Holmes County, Ohio
When examining property taxes in Coshocton, 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 Holmes County Auditor 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 Holmes 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 Coshocton. For example, the median home price in Coshocton is $56,670, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Coshocton, Holmes County, Ohio
Source: Ownwell
$23,980
$200,808
$377,635
Median Coshocton Market Value
$56,670
Median Holmes County Market Value
$211,100
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Coshocton, Holmes County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43812 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Coshocton, Holmes County, Ohio
In Coshocton, Ohio, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. Local tax rates are then applied to this assessed value to calculate the annual tax bill. With a median home price of $56,670, homeowners in Coshocton face tax bills that vary significantly. For example, those at the 25th percentile pay around $510, while the 75th percentile sees bills of approximately $828. Comparatively, the national median property tax bill is $2,400, highlighting a more favorable tax environment in Coshocton.
Factors influencing these bills include property location, improvements, and local government budget needs. This variability can be challenging for homeowners, especially if they believe their property is over-assessed. Ownwell offers services to help homeowners potentially reduce their tax bills. By analyzing property assessments and market data, Ownwell identifies opportunities for appeals and exemptions, ensuring homeowners pay only their fair share. This service can lead to significant savings and provide peace of mind for property owners.
Median Coshocton Tax Bill
$581
Median Holmes County Tax Bill
$2,534
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Coshocton, Holmes County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43812 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
