Springfield, Clark County, Ohio Property Taxes

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

Median Springfield, OH effective property tax rate: 1.70%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Springfield, OH home value: $109,715
Median annual Springfield, OH tax bill: $1,745, $655 lower than the national median property tax bill of $2,400.

How are property taxes in Clark County calculated?

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

Last Updated March 1, 2025

Springfield, Clark County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.7%

Estimate Property Tax Bill

$1,865

$1,731

Ownwell’s Springfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Springfield with just two data points. By entering your property's estimated assessed value, our calculator applies Springfield’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 Clark County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Springfield, Clark County, Ohio

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

Springfield in Clark County, Ohio, exemplifies this variation. Springfield’s effective property tax rate is a key figure for residents to consider, especially when compared to other cities in Ohio and the national landscape. Ohio's median property tax rate is notably above the national median rate of 1.02%, reflecting the diverse economic and budgetary needs across different regions. Springfield's rate is slightly higher than the state median, emphasizing the city's specific financial requirements and community priorities. This comparison provides valuable insights for homeowners and prospective buyers, highlighting the importance of understanding local tax obligations in relation to broader state and national contexts.

Property Tax Rates Across Springfield, Clark County, Ohio

Source: Ownwell

1.27%

1.56%

1.85%

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 Springfield Tax Rate

1.70%

Median Effective Clark County Tax Rate

1.69%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Springfield, Clark County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45502	1.10%	1.44%	1.60%	1.72%	1.86%
45503	0.87%	1.38%	1.52%	1.74%	1.78%
45504	1.09%	1.55%	1.71%	1.77%	1.78%
45505	0.85%	1.54%	1.73%	1.77%	2.75%
45506	0.84%	1.62%	1.73%	1.77%	3.76%

Source: Ownwell

Property Tax Assessment Values Across Springfield, Clark County, Ohio

When examining property taxes in Springfield, 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 Clark County appraisal district 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.

Assessment notices: In Clark County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Springfield. For example, the median home price in Springfield is $109,715, with tax bills ranging significantly across the county. Zip code 45502 has the highest median home price at $198,300.

Property Tax Assessment Values Across Springfield, Clark County, Ohio

Source: Ownwell

$60,080

$148,960

$237,840

Median Springfield Market Value

$109,715

Median Clark County Market Value

$117,390

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Springfield, Clark County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45502	$112,808	$153,870	$198,300	$256,300	$320,168
45503	$47,080	$79,160	$117,210	$154,480	$205,270
45504	$44,640	$90,640	$132,490	$192,420	$275,884
45505	$27,769	$42,598	$66,910	$94,050	$150,903
45506	$25,970	$39,065	$60,080	$93,895	$154,630

Source: Ownwell

Property Tax Bills Across Springfield, Clark County, Ohio

In Springfield, Ohio, located in Clark County, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. The local tax rate is then applied to this assessed value, resulting in the annual property tax bill. Homeowners in Springfield face a range of tax bills, with the 25th percentile at $1,023 and the 75th percentile at $2,798, reflecting the diversity in property values and tax rates. The highest median tax bill in the area is $3,122 in zip code 45502, while the lowest is $1,123 in zip code 45506. These figures can significantly impact homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. Our expertise helps identify discrepancies in assessed values and ensures that homeowners are not overpaying, offering substantial savings and financial relief.

Property Tax Bills Across Springfield, Clark County, Ohio

Source: Ownwell

$953

$2,165

$3,376

Median Springfield Tax Bill

$1,745

Median Clark County Tax Bill

$1,871

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Springfield, Clark County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45502	$1,401	$2,207	$3,122	$4,164	$5,360
45503	$683	$1,190	$1,757	$2,384	$3,462
45504	$740	$1,330	$2,172	$3,243	$4,874
45505	$387	$713	$1,165	$1,810	$3,328
45506	$334	$660	$1,123	$1,971	$3,325

Source: Ownwell