Grandview Heights, Franklin County, Ohio Property Taxes

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

Median Grandview Heights, OH effective property tax rate: 2.14%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Grandview Heights, OH home value: $378,300
Median annual Grandview Heights, OH tax bill: $8,112, $5,712 higher than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

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

Last Updated March 1, 2025

Grandview Heights, Franklin County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.14%

Estimate Property Tax Bill

$8,096

$7,513

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

Property Tax Rates Across Grandview Heights, Franklin County, Ohio

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Annually, each county estimates its required budget 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Grandview Heights, located in Franklin County, Ohio, the effective property tax rate is considerably higher than the national median. This can be attributed to the county's budgeting needs and the total assessed value of properties. The median property tax rate in Ohio is notably lower than that of Grandview Heights, yet it still surpasses the national median of 1.02%. This means residents in Grandview Heights typically pay more in property taxes compared to many other areas in the United States. Understanding these differences is crucial for property owners who want to manage their expenses effectively and explore potential savings through property tax appeals or exemptions.

Property Tax Rates Across Grandview Heights, Franklin County, Ohio

Source: Ownwell

1.61%

2.13%

2.66%

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 Grandview Heights Tax Rate

2.14%

Median Effective Franklin County Tax Rate

2.10%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grandview Heights, Franklin County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43212	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Grandview Heights, Franklin County, Ohio

When examining property taxes in Grandview Heights, 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 Franklin 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 Franklin 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 Grandview Heights.

For example, the median home price in Grandview Heights is $378,300, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Grandview Heights, Franklin County, Ohio

Source: Ownwell

$4,400

$265,900

$527,400

Median Grandview Heights Market Value

$378,300

Median Franklin County Market Value

$168,000

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grandview Heights, Franklin County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43212	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Grandview Heights, Franklin County, Ohio

In Grandview Heights, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $378,300. Franklin County assesses property taxes by applying a specific tax rate to the assessed value. Homeowners in Grandview Heights face property tax bills that can vary significantly. For example, those in the 25th percentile pay around $7,069, while those in the 75th percentile face bills closer to $9,550. This range highlights how property taxes can impact homeowners differently depending on their property's assessed value. Compared to the national median property tax bill of $2,400, Grandview Heights homeowners may find themselves paying substantially more. This is where Ownwell can make a difference. By offering property tax appeal and exemption services, Ownwell can help homeowners potentially lower their tax bills, ensuring they only pay what is fair based on accurate property assessments.

Property Tax Bills Across Grandview Heights, Franklin County, Ohio

Source: Ownwell

$85

$6,607

$13,129

Median Grandview Heights Tax Bill

$8,112

Median Franklin County Tax Bill

$3,472

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Grandview Heights, Franklin County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43212	N/A	N/A	N/A	N/A	N/A

Source: Ownwell