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Real Estate Tax Examples

Wayne County Tax District examples of Estimated Taxes per $100,000 Market Value in each School District.

The Residential/Agricultural Classes are not reduced by the Owner-Occupied Credit rollback since this only applies to owner occupied residences (see Owner-Occupied Credit Link).

The Commercial/Industrial Classes are not reduced by the Non-Business Credit rollback (formerly the 10% rollback).

2019 Rates with Estimated Taxes Per District (Click to download)

2018 Rates with Estimated Taxes Per District (Click to download)

2017 Rates with Estimated Taxes Per District (Click to download)

2016 Rates with Estimated Taxes Per District (Click to download)

2015 Rates with Estimated Taxes Per District (Click to download)

2014 Rates with Estimated Taxes Per District (Click to download)

2019 School District Tax Rate Comparison (Click to download)

2018 School District Tax Rate Comparison (Click to download)

2017 School District Tax Rate Comparison (Click to download)

2016 School District Tax Rate Comparison (Click to download)

WHERE DO YOUR TAXES GO?

Using a typical property valued at $100,000, here is an example of where your Tax Dollars go in each Taxing District in Wayne County. The taxes are divided between the County, your School District, the Joint Vocational School District, the Township, the City, Mental Health and Fire Districts, and your Library.

Please remember that most of these taxes are from Tax Levies approved by the Taxpayers at the Ballot Box in the Primary and General Elections.

Commercial or Industrial: 2019 Tax Distribution By District ComInd (Click to download)

Residential or Agricultural: 2019 Tax Distribution By District ResAg (Click to download)
How are real estate taxes calculated?

The steps outlined below show how a real estate tax bill is calculated. The calculations used in the example are for a $100,000 property for tax year 2016; Full tax rates and reduction factors can be found on the tax rate sheet.

In this example we used the rate and reduction factor from Wayne Twp. Wooster City, Wooster City School District. This example includes the Owner Occupied Credit reduction (owner occupied residence).

  1. Determine the assessed value
    Formula: (Appraised Value) x 35% = Assessed Value
    Example: $100,000 x .35 = $35,000
  2. Divide (Assessed Value) in half to Calculate Half-Year Tax Bill Amount.
    Formula: (Appraised Value) / 2 = Assessed Value (For Half-Year Tax Bill Calculation)
    Example: $35,000 / 2 = $17,500
  3. Calculate the gross tax
    Formula: (Assessed Value x (Full Rate) = Gross Tax (for Half-Year) / 1,000 (Per Thousand)
    Example: $17,500 x 104.50 / 1,000 = $1,828.75
  4. Calculate the reduction factor credit amount
    Formula: (Gross Tax) x (Reduction Factor) = Credit
    Example: $1,828.75 x .345182 = $631.25
  5. Reduce the gross tax by the reduction factor credit amount
    Formula: (Gross Tax) - (Reduction Factor Credit) = Adjusted Tax
    Example: $1,828.75 - $631.25 = $1,197.50
  6. Calculate the rollback credit amount
    Formula: (Adjusted Tax) x (Rollback) = Non-Business Credit (formerly 10% Rollback Reduction)
    Example: $1,197.50 x .094886 = $113.63
  7. For "Owner-Occupied" Residential Properties, there is an additional Rollback.
    Formula: (Adjusted Tax) x (Rollback) = Owner-Occupied Credit (formerly 2.5% Rollback Reduction)
    Example: $1,197.50 x .023721 = $28.41
  8. Reduce Adjusted Tax by Total Rollback for Half-Year Tax Amount.
    Formula:
      (Non-Business Credit) + (Owner Occupied Credit) = Total Rollback Reduction
      (Adjusted Tax Amount) - (Total Rollback Reduction) = Total Half-Year Tax Amount.
    Example:
      $113.63 + $28.41 = $142.04
      $1,197.50 - $142.04 = $1,055.46
      Half Year Tax Amount: $1,055.46 (Billed Semi-Annually)
      Full Year Tax Amount: $2,110.92

If you have questions please call the Auditor's Office at: 330.287.5430