Niles, Trumbull County, Ohio Property Taxes
Median Niles, OH effective property tax rate: 1.76%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Niles, OH home value: $67,400
Median annual Niles, OH tax bill: $1,101, $1,299 lower than the national median property tax bill of $2,400.
How are property taxes in Trumbull County calculated?
Property taxes in Niles, 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 Niles’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Niles, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Niles, Trumbull County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.76%
Estimate Property Tax Bill
$1,186
$1,101
Property Tax Rates Across Niles, Trumbull County, Ohio
Local government entities set tax rates, which can vary widely within a state. 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.
Niles, located in Trumbull County, Ohio, has an effective property tax rate that stands out within the state. Compared to the national median property tax rate of 1.02%, Niles' rate is notably higher. This can have significant implications for homeowners, as the tax bill in this area may exceed the national median of $2,400. Such a rate can impact decisions on property purchases and investments.
For those considering buying property in Niles, understanding the local tax landscape is crucial. The higher tax rate can influence overall affordability and long-term financial planning. Comparing Niles' property tax rate with other cities in Ohio and the national median provides valuable insights into the region's economic environment.
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 Niles Tax Rate
1.76%
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 Trumbull County Tax Rate
1.84%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Niles, Trumbull County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44446 | 1.10% | 1.71% | 1.76% | 1.76% | 1.84% |
Source: Ownwell
Property Tax Assessment Values Across Niles, Trumbull County, Ohio
When examining property taxes in Niles, 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 Trumbull 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.
Assessment notices: In Trumbull 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 Niles. For example, the median home price in Niles is $67,400, with tax bills ranging significantly across the county. Zip code 44446 has the highest median home price at $67,400.
Property Tax Assessment Values Across Niles, Trumbull County, Ohio
Source: Ownwell
$26,700
$106,850
$187,000
Median Niles Market Value
$67,400
Median Trumbull County Market Value
$82,000
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Niles, Trumbull County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44446 | $33,690 | $47,200 | $67,400 | $94,600 | $138,200 |
Source: Ownwell
Property Tax Bills Across Niles, Trumbull County, Ohio
Median Niles Tax Bill
$1,101
Median Trumbull County Tax Bill
$1,518
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Niles, Trumbull County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44446 | $509 | $764 | $1,101 | $1,587 | $2,349 |
Source: Ownwell