Hancock County, Ohio Property Taxes
The median property tax rate in Hancock County is 1.24%, which is higher than both the national median of 0.99% and Ohio's state median of 1.80%. With a median home value of $151,760, the typical annual property tax bill in Hancock County is $1,839, which is below the national median of $2,690. Property taxes in Hancock County are calculated based on the assessed value, which is often lower than the actual market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Hancock County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Findlay or another part of Hancock County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hancock County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$1,882
$1,746
Ownwell’s Hancock County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Hancock County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Hancock County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Hancock County, Ohio
Property taxes in Hancock County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Hancock County is 1.24%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Hancock County set these rates annually, and they can vary significantly between different areas within the county. Each year, Hancock County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Hancock County's effective property tax rate with other counties in Ohio and the national median. For comparison, the city of Fostoria has one of the higher property tax rates in Ohio at 1.89%, while the city of Deshler boasts one of the lowest at 1.08%. Analyzing how Hancock County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Hancock County Tax Rate
1.24%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hancock County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ada | 0.54% | 0.78% | 1.19% | 1.19% | 1.22% |
| Alvada | 0.50% | 1.01% | 1.10% | 1.15% | 1.15% |
| Arcadia | 0.92% | 1.09% | 1.12% | 1.21% | 1.23% |
| Arlington | 1.00% | 1.09% | 1.35% | 1.58% | 1.61% |
| Benton Ridge | 1.01% | 1.23% | 1.23% | 1.26% | 1.26% |
| Bloomdale | 0.61% | 0.97% | 1.17% | 1.18% | 1.20% |
| Bluffton | 0.63% | 1.05% | 1.08% | 1.11% | 1.19% |
| Carey | 0.43% | 0.86% | 1.17% | 1.19% | 1.19% |
| Deshler | 0.60% | 0.86% | 1.08% | 1.18% | 1.18% |
| Dunkirk | N/A | N/A | N/A | N/A | N/A |
| Findlay | 1.05% | 1.22% | 1.24% | 1.26% | 1.27% |
| Forest | 0.68% | 1.08% | 1.18% | 1.33% | 1.45% |
| Fostoria | 1.09% | 1.29% | 1.89% | 1.89% | 1.94% |
| Jenera | 0.69% | 1.08% | 1.21% | 1.31% | 1.44% |
| Leipsic | N/A | N/A | N/A | N/A | N/A |
| Mccomb | 1.04% | 1.20% | 1.21% | 1.24% | 1.26% |
| Mc Comb | 0.93% | 1.06% | 1.21% | 1.21% | 1.24% |
| Mount Blanchard | 0.89% | 1.05% | 1.09% | 1.28% | 1.31% |
| Mount Cory | 0.76% | 1.11% | 1.11% | 1.12% | 1.14% |
| North Baltimore | 1.02% | 1.18% | 1.19% | 1.25% | 1.27% |
| Pandora | N/A | N/A | N/A | N/A | N/A |
| Rawson | 0.78% | 1.04% | 1.11% | 1.14% | 1.14% |
| Van Buren | 1.02% | 1.10% | 1.11% | 1.19% | 1.22% |
| Vanlue | 0.97% | 1.19% | 1.19% | 1.20% | 1.22% |
| Williamstown | 0.96% | 1.32% | 1.33% | 1.35% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Hancock County, Ohio
In Hancock County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Hancock County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Hancock County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Hancock County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Hancock County, property tax bills can vary significantly. Dunkirk has the highest median tax bill at $3,008, while McComb has the lowest at $182. Understanding these differences can help you make informed decisions about your property investments and tax planning.
Average Hancock County Assessed Value
$151,760
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hancock County, Ohio
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ada | $1,630 | $78,355 | $163,050 | $344,755 | $593,150 |
| Alvada | $70,506 | $129,550 | $208,190 | $325,760 | $597,118 |
| Arcadia | $19,658 | $92,480 | $136,860 | $199,040 | $316,484 |
| Arlington | $59,800 | $103,970 | $157,025 | $233,540 | $351,915 |
| Benton Ridge | $23,220 | $69,890 | $89,010 | $108,970 | $136,330 |
| Bloomdale | $60,826 | $129,102 | $174,100 | $215,372 | $364,623 |
| Bluffton | $29,402 | $124,920 | $182,100 | $288,500 | $444,728 |
| Carey | $99,494 | $113,948 | $177,525 | $318,708 | $534,195 |
| Deshler | $145,374 | $179,320 | $230,170 | $328,520 | $543,321 |
| Dunkirk | N/A | N/A | N/A | N/A | N/A |
| Findlay | $57,194 | $106,630 | $155,830 | $228,690 | $335,498 |
| Forest | $42,624 | $126,625 | $183,340 | $297,665 | $507,412 |
| Fostoria | $10,120 | $67,090 | $101,830 | $144,875 | $204,010 |
| Jenera | $78,744 | $115,220 | $173,490 | $282,300 | $481,520 |
| Leipsic | N/A | N/A | N/A | N/A | N/A |
| Mccomb | $4,462 | $8,445 | $14,160 | $61,535 | $224,864 |
| Mc Comb | $45,416 | $95,420 | $141,070 | $213,520 | $334,278 |
| Mount Blanchard | $30,202 | $90,680 | $133,160 | $218,620 | $329,758 |
| Mount Cory | $21,111 | $85,792 | $139,180 | $226,532 | $391,826 |
| North Baltimore | $121,232 | $151,910 | $212,560 | $313,830 | $338,956 |
| Pandora | N/A | N/A | N/A | N/A | N/A |
| Rawson | $30,874 | $86,388 | $146,360 | $228,708 | $376,405 |
| Van Buren | $100,948 | $146,950 | $229,445 | $315,815 | $412,673 |
| Vanlue | $30,941 | $75,030 | $106,755 | $169,150 | $247,255 |
| Williamstown | $9,710 | $37,055 | $105,700 | $184,025 | $278,628 |
Source: Ownwell
Property Tax Bills Across Hancock County, Ohio
In Hancock County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county's appraisal district. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the home's market value, location, and any improvements or modifications made to the property. For homeowners in Hancock County, the median home price is $151,760. Property tax bills can vary significantly, with the 25th percentile at $1,261 and the 75th percentile at $2,698. At the 90th percentile, homeowners might see tax bills as high as $3,873. These figures highlight the range of property tax obligations within the county. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners to understand their local rates and how they impact annual expenses. This variability underscores the importance of accurate property assessments and awareness of local tax regulations.
Average Hancock County Tax Bill
$1,839
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Hancock County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ada | $26 | $835 | $1,811 | $2,917 | $3,801 |
| Alvada | $800 | $1,339 | $2,168 | $3,019 | $4,130 |
| Arcadia | $250 | $1,031 | $1,544 | $2,107 | $2,929 |
| Arlington | $828 | $1,412 | $2,074 | $3,050 | $3,986 |
| Benton Ridge | $293 | $844 | $1,062 | $1,309 | $1,671 |
| Bloomdale | $650 | $996 | $1,953 | $2,536 | $3,692 |
| Bluffton | $337 | $1,289 | $1,924 | $2,667 | $3,861 |
| Carey | $1,168 | $1,305 | $2,109 | $2,523 | $3,362 |
| Deshler | $1,401 | $1,822 | $2,555 | $3,452 | $4,476 |
| Dunkirk | N/A | N/A | N/A | N/A | N/A |
| Findlay | $773 | $1,301 | $1,872 | $2,738 | $3,983 |
| Forest | $548 | $1,418 | $2,120 | $3,162 | $4,709 |
| Fostoria | $204 | $1,203 | $1,726 | $2,255 | $2,945 |
| Jenera | $933 | $1,454 | $2,150 | $3,128 | $4,269 |
| Leipsic | N/A | N/A | N/A | N/A | N/A |
| Mccomb | $54 | $104 | $182 | $747 | $1,727 |
| Mc Comb | $503 | $1,129 | $1,623 | $2,385 | $3,375 |
| Mount Blanchard | $348 | $1,019 | $1,544 | $2,241 | $3,214 |
| Mount Cory | $300 | $906 | $1,510 | $2,323 | $3,585 |
| North Baltimore | $1,600 | $1,838 | $2,401 | $3,754 | $4,097 |
| Pandora | N/A | N/A | N/A | N/A | N/A |
| Rawson | $351 | $927 | $1,559 | $2,376 | $3,324 |
| Van Buren | $1,093 | $1,640 | $2,538 | $3,510 | $4,506 |
| Vanlue | $353 | $853 | $1,211 | $1,946 | $2,729 |
| Williamstown | $131 | $489 | $1,423 | $2,084 | $2,838 |
Source: Ownwell