Martins Ferry, Belmont County, Ohio Property Taxes

Name: Property Tax Bills Across Martins Ferry, Belmont County, Ohio
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Martins Ferry, OH effective property tax rate: 1.57%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Martins Ferry, OH home value: $59,290
Median annual Martins Ferry, OH tax bill: $928, $1,472 lower than the national median property tax bill of $2,400.

How are property taxes in Belmont calculated?

Property taxes in Martins Ferry, OH are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Martins Ferry’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Martins Ferry, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Martins Ferry, Belmont County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.57%

Estimate Property Tax Bill

$931

$864

Ownwell’s Martins Ferry Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Martins Ferry with just two data points. By entering your property's estimated assessed value, our calculator applies Martins Ferry’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Belmont County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Martins Ferry, Belmont County, Ohio

Local government entities determine tax rates, which can vary significantly within a state. This variation stems from the fact that each county annually estimates its budgetary needs to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.

In Martins Ferry, located in Belmont County, Ohio, the effective property tax rate stands at 1.57%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to other cities in Ohio, Martins Ferry's rate is consistent with the state's median, highlighting the uniformity in property tax rates across the region. However, it remains above the national average, reflecting Ohio's higher-than-average property tax rates. Understanding these rates can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Martins Ferry, Belmont County, Ohio

Source: Ownwell

1.11%

1.39%

1.67%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Martins Ferry Taxx Rate

1.57%

Median Effective Belmont County Taxx Rate

1.29%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Martins Ferry, Belmont County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43935	1.00%	1.36%	1.57%	1.60%	1.97%

Source: Ownwell

Property Tax Assessment Values Across Martins Ferry, Belmont County, Ohio

When examining property taxes in Martins Ferry, Ohio, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Belmont County Auditor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Belmont County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Martins Ferry.

For example, the median home price in Martins Ferry is $59,290, with tax bills ranging significantly across the county. ZIP code 43935 has the highest median home price at $59,290.

Property Tax Assessment Values Across Martins Ferry, Belmont County, Ohio

Source: Ownwell

$16,435

$80,833

$145,230

Median Martins Ferry Market Value

$59,290

Median Belmont County Market Value

$74,065

Median Ohio Market Value

$133,400

Median United States Market Value

$244,900

Property Tax Assessment Values Across Martins Ferry, Belmont County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43935	$15,090	$39,050	$59,290	$84,920	$126,380

Source: Ownwell

Property Tax Bills Across Martins Ferry, Belmont County, Ohio

In Martins Ferry, located in Belmont County, OH, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $59,290, homeowners in this region face a property tax bill that can vary significantly. For example, the 25th percentile tax bill is $544, while the 75th percentile reaches $1,367, and the 90th percentile climbs to $1,899. The median property tax bill in Martins Ferry is $928, which is lower than the national median property tax bill of $2,400. This relatively lower tax bill can be attributed to the area's assessed property values and the local tax rate. However, homeowners may still find these expenses burdensome. Ownwell offers valuable assistance in reducing property tax bills by providing expert guidance on tax appeals and exemptions. By leveraging their in-depth knowledge of local tax laws and market trends, Ownwell helps homeowners navigate the complexities of property tax assessments, ensuring they pay only their fair share.

Property Tax Bills Across Martins Ferry, Belmont County, Ohio

Source: Ownwell

$270

$1,001

$1,732

Median Martins Ferry Tax Bill

$928

Median Belmont County Tax Bill

$992

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,690

Property Tax Bills Across Martins Ferry, Belmont County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43935	$194	$544	$928	$1,367	$1,899

Source: Ownwell