Wakeman, Huron County, Ohio Property Taxes

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

Median Wakeman, OH effective property tax rate: 1.29%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Wakeman, OH home value: $110,205
Median annual Wakeman, OH tax bill: $1,576, $824 lower than the national median property tax bill of $2,400.

How are property taxes in Huron calculated?

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

Last Updated March 1, 2025

Wakeman, Huron County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.29%

Estimate Property Tax Bill

$1,422

$1,319

Ownwell’s Wakeman Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wakeman with just two data points. By entering your property's estimated assessed value, our calculator applies Wakeman’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 Huron County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wakeman, Huron County, Ohio

Local government entities set tax rates, which can vary widely within a state due to different budgetary requirements. Each year, counties determine their budgets to fund essential services and divide this amount by the total assessed value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the fundamental process that occurs annually. In Wakeman, located in Huron County, Ohio, the effective property tax rate stands at 1.29%, which is above the national median property tax rate of 1.02%. This rate is a reflection of the local government's need to balance service provision with revenue generation. Compared to other cities in Ohio, Wakeman's rate is consistent with the state's median, indicating a relatively uniform tax burden across the region. Understanding these rates can help property owners anticipate their tax obligations and explore potential savings through appeals or exemptions.

Property Tax Rates Across Wakeman, Huron County, Ohio

Source: Ownwell

1.26%

1.43%

1.61%

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 Wakeman Tax Rate

1.29%

Median Effective Huron County Tax Rate

1.36%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wakeman, Huron County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44889	1.03%	1.14%	1.29%	1.33%	1.37%

Source: Ownwell

Property Tax Assessment Values Across Wakeman, Huron County, Ohio

When examining property taxes in Wakeman, 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 Huron 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. Assessment notices: In Huron County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Wakeman. For example, the median home price in Wakeman is $110,205, with tax bills ranging significantly across the county. 44889 has the highest median home price at $110,205.

Property Tax Assessment Values Across Wakeman, Huron County, Ohio

Source: Ownwell

$40,200

$82,415

$124,630

Median Wakeman Market Value

$110,205

Median Huron County Market Value

$102,520

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wakeman, Huron County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44889	$4,424	$24,355	$110,205	$167,555	$221,471

Source: Ownwell

Property Tax Bills Across Wakeman, Huron County, Ohio

In Wakeman, Huron County, Ohio, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property location, size, and improvements can influence the assessed value, impacting the homeowner's tax obligation. In Wakeman, the median property tax bill is $1,576, which is lower than the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,070 and the 90th percentile reaching $2,931.

Homeowners in Wakeman can benefit from appealing their property taxes if they believe their property is over-assessed. Ownwell can assist homeowners by analyzing their property tax assessments, identifying potential savings, and guiding them through the appeal process. By leveraging expert knowledge and local market data, Ownwell helps homeowners reduce their property tax bills, ensuring they pay only their fair share. This service can lead to significant savings, alleviating the financial burden on property owners.

Property Tax Bills Across Wakeman, Huron County, Ohio

Source: Ownwell

$913

$1,363

$1,813

Median Wakeman Tax Bill

$1,576

Median Huron County Tax Bill

$1,432

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Wakeman, Huron County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44889	$439	$1,070	$1,576	$2,234	$2,931

Source: Ownwell