Grove City, Franklin County, Ohio Property Taxes

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

Median Grove City, OH effective property tax rate: 2.13%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%. Median Grove City, OH home value: $181,700. Median annual Grove City, OH tax bill: $3,693, $1,293 higher than the national median property tax bill of $2,400. How are property taxes in Franklin County calculated? Property taxes in Grove City, 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 Grove City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grove City, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Grove City, Franklin County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.13%

Estimate Property Tax Bill

$3,870

$3,591

Ownwell’s Grove City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grove City with just two data points. By entering your property's estimated assessed value, our calculator applies Grove City’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Franklin 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 Grove City, Franklin County, Ohio

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Though votes and laws play a role in setting tax rates and budgets, this is the core of the annual process.

In Grove City, located in Franklin County, Ohio, the effective property tax rate is 2.13%. This rate is notably higher than the national median property tax rate of 1.02%, reflecting the local government's budgetary needs and property values. When comparing Grove City's property tax rate to other cities in Ohio, it stands out as both the highest and lowest median tax rate within the 43123 zip code, indicating a uniform rate across the area.

Understanding these rates is crucial for property owners, as they directly impact annual property tax bills. By staying informed, residents can better navigate their property tax obligations and potentially identify opportunities for appealing or securing exemptions.

Property Tax Rates Across Grove City, 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 Grove City Tax Rate

2.13%

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 Grove City, Franklin County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43123	1.71%	1.83%	2.13%	2.13%	2.32%

Source: Ownwell

Property Tax Assessment Values Across Grove City, Franklin County, Ohio

When examining property taxes in Grove City, 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.

Assessment notices: 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 Grove City.

For example, the median home price in Grove City is $181,700, with tax bills ranging significantly across the county. Zip code 43123 has the highest median home price at $181,700.

Property Tax Assessment Values Across Grove City, Franklin County, Ohio

Source: Ownwell

$4,400

$265,900

$527,400

Median Grove City Market Value

$181,700

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 Grove City, Franklin County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43123	$109,780	$141,800	$181,700	$243,300	$319,400

Source: Ownwell

Property Tax Bills Across Grove City, Franklin County, Ohio

In Grove City, located in Franklin County, OH, property tax bills are calculated based on the assessed value of the home, which is a percentage of the property's market value. The median property tax bill in Grove City stands at $3,693, which is significantly higher than the national median property tax bill of $2,400. Homeowners in Grove City can expect their tax bills to fall between $2,707 at the 25th percentile and $7,035 at the 90th percentile. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. These taxes contribute to funding essential public services such as schools, roads, and emergency services, directly affecting the community's quality of life. Ownwell offers valuable assistance to homeowners by providing property tax appeal services to ensure fair assessments. By identifying discrepancies in assessed values and navigating the appeals process, Ownwell can help homeowners potentially reduce their property tax bills, leading to significant savings.

Property Tax Bills Across Grove City, Franklin County, Ohio

Source: Ownwell

$85

$6,607

$13,129

Median Grove City Tax Bill

$3,693

Median Franklin County Tax Bill

$3,472

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Grove City, Franklin County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43123	$2,094	$2,707	$3,693	$5,232	$7,035

Source: Ownwell