Ostrander, Delaware County, Ohio Property Taxes

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

Median Ostrander, OH effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Ostrander, OH home value: $360,900
Median annual Ostrander, OH tax bill: $4,267, $1,867 higher than the national median property tax bill of $2,400.

How are property taxes in Delaware County calculated?

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

Last Updated March 1, 2025

Ostrander, Delaware County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.17%

Estimate Property Tax Bill

$4,223

$3,918

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

Property Tax Rates Across Ostrander, Delaware County, Ohio

Local government entities in Ohio set property tax rates, leading to significant variations within the state. This is because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Ostrander, located in Delaware County, the effective property tax rate provides an interesting comparison to other cities in Ohio, as well as to the median property tax rates in the state and across the U.S. Ohio's median property tax rate is slightly higher than the national median, which stands at 1.02%. This comparison can be particularly insightful for property owners and prospective buyers in the area. Understanding these differences can help homeowners make informed decisions about property investments and financial planning. Whether you're considering appealing your property taxes or seeking exemptions, having a grasp of these tax rate variations is crucial.

Property Tax Rates Across Ostrander, Delaware County, Ohio

Source: Ownwell

1.14%

1.57%

2.00%

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 Ostrander Tax Rate

1.17%

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 Ostrander, Delaware County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43061	1.08%	1.16%	1.17%	1.18%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Ostrander, Delaware County, Ohio

When examining property taxes in Ostrander, 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 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 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 Ostrander. For example, the median home price in Ostrander is $360,900, with tax bills ranging significantly across the county. Zip code 43061 has the highest median home price at $360,900.

Property Tax Assessment Values Across Ostrander, Delaware County, Ohio

Source: Ownwell

$143,300

$533,700

$924,100

Median Ostrander Market Value

$360,900

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 Ostrander, Delaware County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43061	$145,460	$224,800	$360,900	$486,900	$606,920

Source: Ownwell

Property Tax Bills Across Ostrander, Delaware County, Ohio

In Ostrander, located in Delaware County, Ohio, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the property's market value, which is determined by the county's appraisal office. The property tax rate is then applied to this assessed value. Factors such as local government budgets and voter-approved levies can influence the tax rate, ultimately affecting the homeowner's tax bill. With a median home price of $360,900, homeowners in Ostrander may find their tax bills vary significantly, with the 25th percentile at $2,609 and the 90th percentile reaching $7,044. This variation can be attributed to differences in property values and specific tax rates within the area. Compared to the national median property tax bill of $2,400, Ostrander's rates are notably higher. Ownwell assists homeowners in reducing their property tax bills by providing expert guidance and representation in tax appeals, ensuring that property assessments are fair and accurate, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Ostrander, Delaware County, Ohio

Source: Ownwell

$2,210

$9,680

$17,150

Median Ostrander Tax Bill

$4,267

Median Delaware County Tax Bill

$7,016

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Ostrander, Delaware County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43061	$1,641	$2,609	$4,267	$5,747	$7,044

Source: Ownwell