Jackson, Franklin County, Ohio Property Taxes
Median Jackson, OH effective property tax rate: 2.08%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Jackson, OH home value: $38,950
Median annual Jackson, OH tax bill: $750, $1,650 lower than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in Jackson, 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 Jackson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Jackson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Jackson, Franklin County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.08%
Estimate Property Tax Bill
$810
$752
Property Tax Rates Across Jackson, Franklin County, Ohio
Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide 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.
Jackson in Jackson County, Ohio, has an effective property tax rate that is significantly higher than the national median of 1.02%. With a rate of 2.08%, Jackson stands out in Ohio, where property tax rates can fluctuate based on county requirements and property values. The county's rate is also higher than the national median property tax bill of $2,400, underscoring the importance of understanding local tax obligations.
For homeowners in Jackson, this means a higher property tax bill compared to many other parts of the country. It's crucial for property owners to be aware of these rates and consider appealing if they believe their property's assessed value is too high. Comparing Jackson’s property tax rate to other cities in Ohio and the national average highlights the need for vigilance in managing property tax expenses.
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 Jackson Tax Rate
2.08%
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 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 Jackson, Franklin County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45640 | 1.92% | 2.07% | 2.08% | 2.08% | 3.22% |
Source: Ownwell
Property Tax Assessment Values Across Jackson, Franklin County, Ohio
When examining property taxes in Jackson, 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 Jackson. For example, the median home price in Jackson is $38,950, with tax bills ranging significantly across the county. ZIP code 45640 has the highest median home price at $38,950.
Property Tax Assessment Values Across Jackson, Franklin County, Ohio
Source: Ownwell
$4,400
$265,900
$527,400
Median Jackson Market Value
$38,950
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 Jackson, Franklin County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45640 | $10,100 | $19,150 | $38,950 | $49,575 | $128,350 |
Source: Ownwell
Property Tax Bills Across Jackson, Franklin County, Ohio
Median Jackson Tax Bill
$750
Median Franklin County Tax Bill
$3,472
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Jackson, Franklin County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45640 | $292 | $498 | $750 | $875 | $1,389 |
Source: Ownwell