Fort Loramie, Darke County, Ohio Property Taxes

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

Median Fort Loramie, OH effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%. Median Fort Loramie, OH home value: $348,350. Median annual Fort Loramie, OH tax bill: $4,114, $1,714 higher than the national median property tax bill of $2,400.

How are property taxes in Darke County calculated?

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

Last Updated March 1, 2025

Fort Loramie, Darke County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.18%

Estimate Property Tax Bill

$4,111

$3,814

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

Property Tax Rates Across Fort Loramie, Darke County, Ohio

Local government entities set tax rates, resulting in significant variation within a state. Annually, each county estimates its required budget for services and divides that by the total value of all taxable property in its jurisdiction, leading to the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core process each year.

Comparing Fort Loramie's effective property tax rate to other cities in Ohio offers insight into regional differences. Fort Loramie, located in Darke County, has an effective property tax rate that reflects the county's budgetary needs and property values. Ohio's median property tax rate is slightly above the national median, with Ohio at 1.18% compared to the U.S. median of 1.02%. This difference highlights the diverse approaches counties take to meet their financial requirements.

Understanding these variations can help property owners in Fort Loramie and throughout Ohio make informed decisions about their property tax obligations and potential appeals. By staying informed, residents can ensure they are paying a fair amount in property taxes relative to their property's assessed value.

Property Tax Rates Across Fort Loramie, Darke County, Ohio

Source: Ownwell

1.00%

1.45%

1.89%

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 Fort Loramie Tax Rate

1.18%

Median Effective Darke County Tax Rate

1.34%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fort Loramie, Darke County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45845	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Fort Loramie, Darke County, Ohio

When examining property taxes in Fort Loramie, 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 Darke 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.

In Darke 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 Fort Loramie. For example, the median home price in Fort Loramie is $348,350, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Fort Loramie, Darke County, Ohio

Source: Ownwell

$50,135

$113,978

$177,820

Median Fort Loramie Market Value

$348,350

Median Darke County Market Value

$110,800

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fort Loramie, Darke County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45845	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Fort Loramie, Darke County, Ohio

In Fort Loramie, Ohio, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the property's market value, which can fluctuate based on local real estate trends. For homeowners in Fort Loramie, the median home price stands at $348,350, with property tax bills often reaching $4,114, significantly higher than the national median property tax bill of $2,400. This amount can place a considerable financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%. Factors such as changes in local government budgets and school funding can also influence tax rates, further impacting homeowners. Ownwell offers a solution by providing expert property tax appeal services, helping homeowners potentially reduce their tax bills. By analyzing property assessments and market conditions, Ownwell identifies opportunities for savings, ensuring homeowners are not overpaying on their property taxes. This service can be invaluable in managing and reducing the financial impact of property taxes.

Property Tax Bills Across Fort Loramie, Darke County, Ohio

Source: Ownwell

$611

$1,317

$2,023

Median Fort Loramie Tax Bill

$4,114

Median Darke County Tax Bill

$1,406

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Fort Loramie, Darke County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45845	N/A	N/A	N/A	N/A	N/A

Source: Ownwell