South Solon, Greene County, Ohio Property Taxes

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

Median South Solon, OH effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median South Solon, OH home value: $74,320
Median annual South Solon, OH tax bill: $701, $1,699 lower than the national median property tax bill of $2,400.

How are property taxes in Greene calculated?

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

Last Updated March 1, 2025

South Solon, Greene County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.94%

Estimate Property Tax Bill

$699

$648

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

Property Tax Rates Across South Solon, Greene County, Ohio

Local government entities set tax rates, which can vary widely within a state. This is 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. 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 South Solon, located in Madison County, Ohio, the effective property tax rate is 1.06%, slightly above the state median of 1.04%, yet still below the national median of 1.02%. The median property tax bill in South Solon is $2,120, which is lower than the national median of $2,400 but higher than the state median of $2,034. This suggests that while residents of South Solon face a higher tax rate than the state average, they benefit from lower property tax bills compared to the national average.

Comparing South Solon's effective property tax rate to other cities in Ohio and the U.S. median property tax rates provides valuable insights for property owners considering appealing their property taxes.

Property Tax Rates Across South Solon, Greene County, Ohio

Source: Ownwell

0.59%

1.57%

2.54%

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 South Solon Tax Rate

0.94%

Median Effective Greene County Tax Rate

2.02%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across South Solon, Greene County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43153	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across South Solon, Greene County, Ohio

When examining property taxes in South Solon, 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 Greene 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 Greene 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 South Solon. For example, the median home price in South Solon is $74,320, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across South Solon, Greene County, Ohio

Source: Ownwell

$56,645

$177,018

$297,390

Median South Solon Market Value

$74,320

Median Greene County Market Value

$165,090

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across South Solon, Greene County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43153	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across South Solon, Greene County, Ohio

In South Solon, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value. For example, with a median home price of $74,320, homeowners can expect a tax bill around $701, which is significantly lower than the national median property tax bill of $2,400. This lower tax burden can be attributed to the area's modest property values and tax rates. However, even with lower tax bills, homeowners in South Solon should not overlook the potential for savings. Property taxes can fluctuate based on changes in the local tax rate or assessed value, impacting a homeowner's budget. Ownwell offers property tax appeal and exemption services to help homeowners reduce their tax burden. By analyzing individual property assessments and identifying discrepancies, Ownwell can assist homeowners in filing appeals, potentially leading to substantial savings. This service ensures homeowners pay only what is necessary, providing financial relief and peace of mind.

Property Tax Bills Across South Solon, Greene County, Ohio

Source: Ownwell

$867

$3,925

$6,983

Median South Solon Tax Bill

$701

Median Greene County Tax Bill

$3,355

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across South Solon, Greene County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43153	N/A	N/A	N/A	N/A	N/A

Source: Ownwell