Fairfield County Property Taxes
The median property tax rate in Fairfield County is 1.37%, which is significantly higher than both the national median of 0.99% and the Ohio state median of 1.80%. With a median home value of $224,580, the typical annual property tax bill in Fairfield County reaches $2,962, exceeding the national median of $2,690. Property taxes in Fairfield County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Fairfield County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Lancaster or another part of Fairfield County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fairfield County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,600
Ownwell’s Fairfield County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fairfield County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Fairfield County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Fairfield County, Ohio
Property taxes in Fairfield County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Fairfield County is 1.37%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Fairfield County set these rates annually, and they can vary significantly between different areas within the county. Each year, Fairfield County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Fairfield County's effective property tax rate with other counties in Ohio and the national median. For comparison, the city of Buckeye Lake has one of the higher property tax rates in Ohio at 1.65%, while the city of Stoutsville boasts one of the lowest at 1.13%. Analyzing how Fairfield County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Fairfield County Tax Rate
1.37%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fairfield County, Ohio
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Amanda | 0.96% | 1.13% | 1.15% | 1.17% | 1.38% |
Ashville | 1.39% | 1.39% | 1.63% | 1.87% | 1.89% |
Baltimore | 1.13% | 1.32% | 1.33% | 1.37% | 1.64% |
Bremen | 1.08% | 1.35% | 1.37% | 1.40% | 1.41% |
Buckeye Lake | 1.47% | 1.54% | 1.65% | 1.76% | 1.83% |
Canal Winchester | 1.41% | 1.50% | 1.60% | 1.86% | 1.90% |
Carroll | 1.31% | 1.49% | 1.53% | 1.55% | 1.65% |
Circleville | 0.96% | 1.13% | 1.25% | 1.39% | 1.42% |
Columbus | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% |
Hide Away Hills | 1.37% | 1.37% | 1.37% | 1.38% | 1.39% |
Lancaster | 1.02% | 1.20% | 1.28% | 1.32% | 1.43% |
Lithopolis | 0.74% | 1.45% | 1.45% | 1.48% | 1.48% |
Millersport | 1.14% | 1.39% | 1.42% | 1.54% | 1.60% |
New Albany | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% |
Pataskala | 1.44% | 1.55% | 1.64% | 1.65% | 1.68% |
Pickerington | 1.37% | 1.52% | 1.61% | 1.66% | 1.68% |
Pleasantville | 1.13% | 1.28% | 1.35% | 1.42% | 1.48% |
Reynoldsburg | 1.33% | 1.37% | 1.37% | 1.40% | 1.40% |
Rockbridge | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% |
Rushville | 1.15% | 1.35% | 1.35% | 1.38% | 1.40% |
Stoutsville | 0.98% | 1.10% | 1.13% | 1.15% | 1.30% |
Sugar Grove | 0.99% | 1.20% | 1.23% | 1.27% | 1.30% |
Tarlton | N/A | N/A | N/A | N/A | N/A |
Thornville | 1.17% | 1.38% | 1.39% | 1.42% | 1.57% |
Thurston | 1.11% | 1.28% | 1.28% | 1.31% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Fairfield County, Ohio
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Fairfield. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Fairfield Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Fairfield are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Fairfield residents face a wide range of tax bills, with Ashville having the highest median tax bill at $10,216 and Rockbridge the lowest at $349. Being aware of these valuation processes in Fairfield will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Fairfield County Assessed Value
$224,580
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fairfield County, Ohio
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Amanda | $35,472 | $125,630 | $187,970 | $269,700 | $364,580 |
Ashville | $340,034 | $489,050 | $546,890 | $598,970 | $649,952 |
Baltimore | $107,561 | $162,305 | $242,935 | $334,168 | $438,591 |
Bremen | $31,565 | $104,992 | $149,470 | $205,180 | $283,128 |
Buckeye Lake | $52,295 | $98,758 | $176,195 | $253,632 | $300,095 |
Canal Winchester | $144,636 | $249,825 | $319,040 | $396,045 | $486,308 |
Carroll | $37,424 | $168,180 | $265,575 | $379,015 | $495,614 |
Circleville | $128,020 | $196,125 | $260,230 | $362,255 | $428,230 |
Columbus | $420,430 | $420,430 | $420,430 | $420,430 | $420,430 |
Hide Away Hills | $278,034 | $294,960 | $323,170 | $364,535 | $389,354 |
Lancaster | $66,824 | $113,855 | $164,630 | $232,030 | $309,042 |
Lithopolis | $148,555 | $215,210 | $268,095 | $312,575 | $358,120 |
Millersport | $32,262 | $121,000 | $218,990 | $339,900 | $497,740 |
New Albany | $2,590 | $2,590 | $2,590 | $2,590 | $2,590 |
Pataskala | $192,556 | $248,615 | $362,780 | $417,325 | $486,133 |
Pickerington | $191,772 | $241,398 | $290,000 | $353,020 | $429,601 |
Pleasantville | $48,951 | $101,965 | $153,600 | $257,610 | $387,196 |
Reynoldsburg | $192,170 | $207,920 | $230,265 | $259,235 | $293,356 |
Rockbridge | $29,760 | $29,760 | $29,760 | $29,760 | $29,760 |
Rushville | $17,648 | $86,350 | $164,450 | $251,110 | $322,606 |
Stoutsville | $1,660 | $49,450 | $151,580 | $232,080 | $324,766 |
Sugar Grove | $14,285 | $80,588 | $150,955 | $221,918 | $291,105 |
Tarlton | N/A | N/A | N/A | N/A | N/A |
Thornville | $20,573 | $99,042 | $162,300 | $251,765 | $387,650 |
Thurston | $33,873 | $96,625 | $124,285 | $155,702 | $197,011 |
Source: Ownwell
Property Tax Bills Across Fairfield County, Ohio
In Fairfield County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county's appraisal office. This assessed value is a percentage of the market value of the property. The tax bill is then calculated by applying the local tax rate to this assessed value. Several factors influence the final tax bill, including property location, school district levies, and other municipal services. For instance, the median home price in Fairfield County is $224,580. Homeowners in the 25th percentile can expect a tax bill around $1,721, while those in the 75th percentile might see a bill closer to $4,559. At the 90th percentile, tax bills can reach up to $6,120. The highest median tax bill in the county is $10,216 in Ashville, whereas Rockbridge has the lowest at $349. Compared to the national median property tax rate of 0.99%, Fairfield County presents a diverse range of tax obligations, significantly impacting homeowners depending on their property's assessed value and location.
Average Fairfield County Tax Bill
$2,962
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Fairfield County, Ohio
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Amanda | $393 | $1,376 | $2,092 | $3,024 | $4,194 |
Ashville | $4,717 | $6,792 | $10,216 | $11,175 | $11,311 |
Baltimore | $1,338 | $2,073 | $3,218 | $4,781 | $6,262 |
Bremen | $410 | $1,340 | $1,935 | $2,649 | $3,741 |
Buckeye Lake | $831 | $1,476 | $2,552 | $3,628 | $4,273 |
Canal Winchester | $2,272 | $3,908 | $5,276 | $6,705 | $8,160 |
Carroll | $531 | $2,366 | $3,887 | $5,723 | $7,576 |
Circleville | $1,112 | $2,196 | $3,432 | $4,583 | $5,731 |
Columbus | $5,845 | $5,845 | $5,845 | $5,845 | $5,845 |
Hide Away Hills | $3,801 | $4,034 | $4,424 | $5,053 | $5,431 |
Lancaster | $776 | $1,352 | $1,995 | $2,925 | $4,055 |
Lithopolis | $392 | $2,563 | $3,671 | $4,468 | $5,163 |
Millersport | $445 | $1,635 | $2,992 | $4,689 | $6,745 |
New Albany | $36 | $36 | $36 | $36 | $36 |
Pataskala | $2,653 | $3,332 | $4,973 | $6,826 | $7,580 |
Pickerington | $2,612 | $3,503 | $4,524 | $5,597 | $6,838 |
Pleasantville | $597 | $1,325 | $2,016 | $3,434 | $4,914 |
Reynoldsburg | $2,286 | $2,809 | $3,109 | $3,490 | $4,005 |
Rockbridge | $349 | $349 | $349 | $349 | $349 |
Rushville | $221 | $1,059 | $2,092 | $3,338 | $4,232 |
Stoutsville | $18 | $597 | $1,711 | $2,608 | $3,684 |
Sugar Grove | $132 | $893 | $1,764 | $2,568 | $3,589 |
Tarlton | N/A | N/A | N/A | N/A | N/A |
Thornville | $282 | $1,287 | $2,182 | $3,322 | $5,400 |
Thurston | $401 | $1,234 | $1,548 | $1,970 | $2,533 |
Source: Ownwell