Galena, Delaware County, Ohio Property Taxes
Median Galena, OH effective property tax rate: 1.67%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Galena, OH home value: $513,700
Median annual Galena, OH tax bill: $8,647, $6,247 higher than the national median property tax bill of $2,400.
How are property taxes in Delaware County calculated?
Property taxes in Galena, 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 Galena’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Galena, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Galena, Delaware County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.67%
Estimate Property Tax Bill
$8,579
$7,961
Property Tax Rates Across Galena, Delaware County, Ohio
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget necessary to provide essential services and then divides this amount by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While the setting of tax rates and budgets involves votes and legislation, this is essentially the annual process.
Below, you can compare Galena's effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S. Galena, located in Delaware County, has a median property tax rate of 1.67%. This rate is notably higher than the national median property tax rate of 1.02%, reflecting the specific budgetary needs and property values within the area. Understanding these differences can help property owners make informed decisions about where to live and invest.
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 Galena Tax Rate
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 Delaware County Tax Rate
1.78%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Galena, Delaware County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43021 | 1.37% | 1.46% | 1.67% | 1.86% | 2.01% |
Source: Ownwell
Property Tax Assessment Values Across Galena, Delaware County, Ohio
When examining property taxes in Galena, 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 Delaware 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 Delaware 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 Galena. For example, the median home price in Galena is $513,700, with tax bills ranging significantly across the county. Zip code 43021 has the highest median home price at $513,700.
Property Tax Assessment Values Across Galena, Delaware County, Ohio
Source: Ownwell
$143,300
$533,700
$924,100
Median Galena Market Value
$513,700
Median Delaware County Market Value
$406,400
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Galena, Delaware County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43021 | $281,200 | $406,400 | $513,700 | $640,700 | $825,000 |
Source: Ownwell
Property Tax Bills Across Galena, Delaware County, Ohio
Median Galena Tax Bill
$8,647
Median Delaware County Tax Bill
$7,016
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Galena, Delaware County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43021 | $4,360 | $6,502 | $8,647 | $11,242 | $14,351 |
Source: Ownwell