Columbus, Ohio Property Taxes
The median property tax rate in Columbus, OH is 1.86%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Columbus at $137,700, the typical annual property tax bill reaches $2,676, just below the national median of $2,690. Property taxes in Columbus are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Columbus's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Columbus or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Columbus, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.86%
Estimate Property Tax Bill
$2,561
Ownwell’s Columbus Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Columbus with ease. By entering your property's estimated assessed value, the calculator applies the median tax rate in Columbus to give you an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities and plan accordingly. If you're curious about neighborhood-specific trends, scroll down to explore more localized data. Your property’s assessed value is determined by Franklin County for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Columbus, Ohio
Property taxes in Columbus, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Columbus is 1.86%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Columbus set these rates annually, and they can vary significantly across different neighborhoods. Each year, Columbus estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Columbus's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43230 zip code has the highest median property tax rate of 2.61%, while the 43214 zip code has the lowest median tax rate of 1.82%. Understanding how these cities compare with Columbus provides valuable insights into the varying tax landscape across Franklin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Columbus Tax Rate
1.86%
Average Franklin County Tax Rate
2.10%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Columbus, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43016 | 2.36% | 2.37% | 2.40% | 2.43% | 2.44% |
| 43085 | 2.59% | 2.59% | 2.59% | 2.64% | 3.07% |
| 43110 | 2.36% | 2.36% | 2.36% | 2.36% | 2.36% |
| 43201 | 1.50% | 1.82% | 1.85% | 1.86% | 1.95% |
| 43202 | 1.82% | 1.82% | 1.82% | 1.86% | 1.86% |
| 43203 | 0.61% | 1.82% | 1.82% | 1.86% | 2.82% |
| 43204 | 1.55% | 1.82% | 1.82% | 1.92% | 2.64% |
| 43205 | 0.89% | 1.82% | 1.82% | 1.86% | 2.80% |
| 43206 | 1.46% | 1.82% | 1.82% | 1.86% | 2.43% |
| 43207 | 1.36% | 1.77% | 1.82% | 1.90% | 2.32% |
| 43209 | 1.82% | 1.82% | 2.05% | 2.18% | 2.22% |
| 43211 | 1.31% | 1.82% | 1.86% | 2.30% | 3.82% |
| 43212 | 1.82% | 1.86% | 2.10% | 2.16% | 2.49% |
| 43213 | 1.59% | 1.82% | 2.00% | 2.05% | 2.20% |
| 43214 | 1.70% | 1.82% | 1.82% | 1.82% | 1.86% |
| 43215 | 0.39% | 1.13% | 1.82% | 1.86% | 1.92% |
| 43217 | 1.90% | 1.90% | 1.94% | 2.33% | 3.40% |
| 43219 | 1.25% | 1.82% | 1.86% | 1.86% | 2.79% |
| 43220 | 1.82% | 1.86% | 2.30% | 2.45% | 2.49% |
| 43221 | 1.94% | 2.14% | 2.45% | 2.45% | 2.51% |
| 43222 | 0.57% | 1.82% | 1.86% | 1.96% | 3.01% |
| 43223 | 1.71% | 1.71% | 1.86% | 2.58% | 2.78% |
| 43224 | 1.54% | 1.82% | 1.82% | 1.86% | 2.73% |
| 43227 | 1.37% | 1.82% | 1.82% | 1.86% | 2.06% |
| 43228 | 1.71% | 1.71% | 1.86% | 2.16% | 2.37% |
| 43229 | 1.55% | 1.82% | 1.82% | 1.82% | 2.03% |
| 43230 | 1.92% | 2.23% | 2.61% | 2.61% | 2.67% |
| 43231 | 1.82% | 1.89% | 2.23% | 2.37% | 2.62% |
| 43232 | 1.57% | 1.82% | 1.82% | 2.12% | 2.18% |
| 43235 | 1.82% | 2.25% | 2.41% | 2.59% | 2.96% |
Source: Ownwell
Property Tax Assessment Values Across Columbus, Ohio
In Columbus, Ohio, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Franklin County Auditor for tax purposes. In contrast, the assessed value 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 are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, Columbus homeowners in the 43212 zip code face the highest median tax bill at $7,431, while those in the 43217 zip code experience the lowest median tax bill at $687. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Columbus Assessed Value
$137,700
Average Franklin County Assessed Value
$168,000
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Columbus, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43016 | $38,570 | $39,125 | $40,050 | $40,975 | $41,530 |
| 43085 | $97,580 | $114,500 | $177,150 | $281,175 | $371,380 |
| 43110 | $291,700 | $291,700 | $291,700 | $291,700 | $291,700 |
| 43201 | $54,200 | $143,400 | $247,500 | $370,100 | $489,300 |
| 43202 | $150,000 | $183,475 | $241,550 | $293,500 | $347,200 |
| 43203 | $35,300 | $48,500 | $79,100 | $177,750 | $270,080 |
| 43204 | $47,100 | $64,300 | $102,700 | $137,900 | $178,500 |
| 43205 | $42,400 | $63,500 | $124,400 | $212,325 | $316,310 |
| 43206 | $49,700 | $68,700 | $126,350 | $273,475 | $428,310 |
| 43207 | $50,200 | $65,700 | $90,900 | $123,300 | $161,860 |
| 43209 | $90,600 | $157,600 | $245,300 | $384,800 | $614,110 |
| 43211 | $28,630 | $36,800 | $46,000 | $57,600 | $73,670 |
| 43212 | $171,800 | $228,775 | $359,800 | $496,975 | $661,800 |
| 43213 | $60,800 | $75,100 | $104,600 | $171,750 | $240,300 |
| 43214 | $169,800 | $224,400 | $299,750 | $378,500 | $453,200 |
| 43215 | $164,920 | $214,400 | $289,800 | $454,050 | $672,100 |
| 43217 | $24,790 | $33,000 | $35,050 | $35,900 | $36,600 |
| 43219 | $36,000 | $50,700 | $62,000 | $125,700 | $198,300 |
| 43220 | $87,400 | $107,000 | $253,400 | $421,550 | $588,260 |
| 43221 | $162,800 | $227,900 | $305,450 | $446,950 | $650,100 |
| 43222 | $24,160 | $32,450 | $42,100 | $71,700 | $133,940 |
| 43223 | $36,600 | $50,200 | $68,600 | $108,800 | $140,200 |
| 43224 | $42,900 | $71,200 | $93,300 | $117,800 | $144,420 |
| 43227 | $60,300 | $74,000 | $87,100 | $100,500 | $116,600 |
| 43228 | $62,400 | $85,700 | $108,900 | $174,050 | $221,300 |
| 43229 | $78,600 | $125,300 | $148,500 | $170,300 | $191,100 |
| 43230 | $127,700 | $156,400 | $203,400 | $261,650 | $331,100 |
| 43231 | $67,500 | $111,250 | $152,700 | $185,175 | $229,400 |
| 43232 | $59,900 | $82,800 | $99,200 | $125,000 | $157,200 |
| 43235 | $90,900 | $160,900 | $251,400 | $330,200 | $432,280 |
Source: Ownwell
Property Tax Bills Across Columbus, Ohio
In Columbus, property tax bills are calculated based on the assessed value of a home, which is determined by the Franklin County Auditor. This assessed value is typically a percentage of the property's market value, and it serves as the basis for the tax calculation. Several factors influence the final tax bill, including the home's location, the applicable tax rates set by local taxing authorities, and any exemptions or abatements for which the homeowner qualifies. For homeowners in Columbus, the median home price is $137,700. Tax bills can vary significantly; for instance, the tax bill at the 25th percentile is $1,579, while at the 75th percentile, it reaches $5,037. Some areas within Columbus see even higher tax bills, with the highest median tax bill being $7,431 in the 43212 zip code. Conversely, the lowest median tax bill is $687 in the 43217 zip code. These variations highlight how property taxes can significantly impact homeowners, depending on their specific circumstances and property locations.
Average Columbus Tax Bill
$2,676
Average Franklin County Tax Bill
$3,472
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Columbus, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43016 | $910 | $929 | $962 | $995 | $1,015 |
| 43085 | $2,509 | $2,993 | $4,705 | $7,406 | $10,315 |
| 43110 | $6,885 | $6,885 | $6,885 | $6,885 | $6,885 |
| 43201 | $957 | $2,386 | $4,186 | $6,464 | $8,683 |
| 43202 | $2,714 | $3,404 | $4,432 | $5,440 | $6,513 |
| 43203 | $524 | $852 | $1,334 | $2,686 | $4,460 |
| 43204 | $870 | $1,244 | $1,981 | $2,643 | $3,596 |
| 43205 | $600 | $1,122 | $2,034 | $3,570 | $5,462 |
| 43206 | $815 | $1,231 | $2,382 | $5,074 | $7,984 |
| 43207 | $855 | $1,178 | $1,675 | $2,280 | $3,248 |
| 43209 | $1,686 | $3,007 | $4,884 | $8,318 | $13,481 |
| 43211 | $454 | $680 | $921 | $1,311 | $1,957 |
| 43212 | $3,305 | $4,998 | $7,431 | $10,760 | $14,651 |
| 43213 | $1,112 | $1,493 | $2,069 | $3,271 | $4,690 |
| 43214 | $3,115 | $4,137 | $5,479 | $6,900 | $8,376 |
| 43215 | $1,199 | $2,507 | $4,347 | $6,551 | $8,991 |
| 43217 | $303 | $630 | $687 | $813 | $1,242 |
| 43219 | $508 | $863 | $1,168 | $2,443 | $3,987 |
| 43220 | $1,721 | $2,030 | $4,775 | $10,298 | $14,541 |
| 43221 | $3,590 | $4,974 | $7,335 | $11,012 | $16,153 |
| 43222 | $257 | $567 | $776 | $1,319 | $2,248 |
| 43223 | $653 | $971 | $1,493 | $2,194 | $2,807 |
| 43224 | $865 | $1,363 | $1,783 | $2,301 | $2,886 |
| 43227 | $1,025 | $1,300 | $1,589 | $1,908 | $2,339 |
| 43228 | $1,161 | $1,590 | $2,116 | $3,365 | $4,621 |
| 43229 | $1,475 | $2,246 | $2,683 | $3,122 | $3,625 |
| 43230 | $2,721 | $3,673 | $4,958 | $6,629 | $8,712 |
| 43231 | $1,460 | $2,447 | $3,196 | $4,171 | $5,495 |
| 43232 | $1,067 | $1,527 | $1,942 | $2,461 | $3,085 |
| 43235 | $2,044 | $3,698 | $5,532 | $8,248 | $11,554 |
Source: Ownwell