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During the last reappraisal in 2020, residential property values in Hamilton County went up 14% while the average property tax bill went up 6%, according to the Hamilton County auditor and treasurer.
Experts blame a red-hot housing market for the surge in property values and taxes in Hamilton County, where the typical price of a single-family home reached a high of $288,000 in June last year ...
Chances are, your house is worth more and you'll be paying more taxes. Overall, taxes didn't increase anywhere near as much as property values. Tax bills are up in Hamilton County – but not as ...
The amount of property tax is equal to the tax base x the tax rate voted by the municipality. The tax base is equal to 50% of the cadastral rental value of the property (For non-built properties, this tax base is equal to 80%). To this base is then applied the revaluation coefficient. (It stood at 1.012 for 2020).
Equalization is a step in property taxation to bring a uniformity to tax assessment levels across different geographical areas or classes of properties. Equalization is usually in the form of a uniform percentage of increase or decrease to each area or class of property. [1]
Here's everything you need to know about how to pay and dispute your property taxes in Greater Cincinnati.
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Sept. 15: Self-employed workers must have their third-quarter 2022 estimated tax payment postmarked by this date to avoid IRS penalties. October 17: If you were granted a filing extension back on ...