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tax.ohio.gov The Ohio Department of Taxation is the administrative department of the Ohio state government [ 1 ] responsible for collection and administration of most state taxes, several local taxes and the oversight of real property taxation.
The tax is administered at the local government level. Many states impose limits on how local jurisdictions may tax property. Because many properties are subject to tax by more than one local jurisdiction, some states provide a method by which values are made uniform among such jurisdictions. Property tax is rarely self-computed by the owner.
The average property tax rate is 0.56%, one of the lowest rates in the country. The average homeowner will pay around $1,707 - more than $1,000 less than the national average.
SmartAsset ranked 342 of the largest U.S. cities to pinpoint where homeowners pay the most in property taxes in relation ... AL has the lowest annual nominal real estate tax at $654, making up 0. ...
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The benefits to the township are that it does not lose prime development land, it can still collect property taxes as well as a portion of the income tax collected, and it normally receives water from the municipality, which it may not otherwise have. In 1993, the Ohio General Assembly passed legislation enabling local communities to create JEDDs.
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