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Ohio Valley Banc (OVBC) Tax Rate: 2010-2024

Historic Tax Rate for Ohio Valley Banc (OVBC) over the last 15 years, with Dec 2024 value amounting to 26.59%.

  • Ohio Valley Banc's Tax Rate rose 155.00% to 18.46% in Q4 2020 from the same period last year, while for Dec 2020 it was 16.64%, marking a year-over-year increase of 117.00%. This contributed to the annual value of 26.59% for FY2024, which is 480.00% up from last year.
  • Latest data reveals that Ohio Valley Banc reported Tax Rate of 26.59% as of FY2024, which was up 22.03% from 21.79% recorded in FY2023.
  • In the past 5 years, Ohio Valley Banc's Tax Rate ranged from a high of 26.59% in FY2024 and a low of 16.28% during FY2022.
  • For the 3-year period, Ohio Valley Banc's Tax Rate averaged around 21.56%, with its median value being 21.79% (2023).
  • Its Tax Rate has fluctuated over the past 5 years, first tumbled by 94bps in 2022, then surged by 551bps in 2023.
  • Over the past 5 years, Ohio Valley Banc's Tax Rate (Yearly) stood at 16.64% in 2020, then skyrocketed by 58bps to 17.22% in 2021, then tumbled by 94bps to 16.28% in 2022, then surged by 551bps to 21.79% in 2023, then soared by 480bps to 26.59% in 2024.