Mount Blanchard, Hancock County, Ohio Property Taxes

Name: Property Tax Bills Across Mount Blanchard, Hancock County, Ohio
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median MOUNT BLANCHARD, OH effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median MOUNT BLANCHARD, OH home value: $133,160
Median annual MOUNT BLANCHARD, OH tax bill: $1,544, $856 lower than the national median property tax bill of $2,400.

How are property taxes in Hancock calculated?

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

Last Updated March 1, 2025

Mount Blanchard, Hancock County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$1,451

$1,347

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

Property Tax Rates Across Mount Blanchard, Hancock County, Ohio

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This is because each county annually estimates its budgetary needs to provide essential services and divides that amount by the total value of all taxable property in the area. This process determines the property tax rate. While votes and legislation play a role in establishing tax rates and budgets, this is the core of the annual procedure.

In MOUNT BLANCHARD, located in Hancock County, the effective property tax rate stands at 1.09%. This rate is slightly above the national median property tax rate of 1.02%. When compared to the median property tax rates across Ohio, MOUNT BLANCHARD's rate reflects the state's average, illustrating a consistent approach to property taxation within Hancock County. For homeowners, understanding these rates is crucial as they directly impact annual property tax bills. MOUNT BLANCHARD's property tax rate provides a competitive edge when considering the national median property tax bill of $2400. This insight can help homeowners make informed decisions about property investments and financial planning.

Property Tax Rates Across Mount Blanchard, Hancock County, Ohio

Source: Ownwell

1.08%

1.49%

1.89%

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 Mount Blanchard Tax Rate

1.09%

Median Effective Hancock County Tax Rate

1.24%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mount Blanchard, Hancock County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45867	0.89%	1.05%	1.09%	1.28%	1.31%

Source: Ownwell

Property Tax Assessment Values Across Mount Blanchard, Hancock County, Ohio

When examining property taxes in Mount Blanchard, 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 Hancock 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 Hancock County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Mount Blanchard. For example, the median home price in Mount Blanchard is $133,160, with tax bills ranging significantly across the county. Zip code 45867 has the highest median home price at $133,160.

Property Tax Assessment Values Across Mount Blanchard, Hancock County, Ohio

Source: Ownwell

$14,160

$122,165

$230,170

Median Mount Blanchard Market Value

$133,160

Median Hancock County Market Value

$151,760

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mount Blanchard, Hancock County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45867	$30,202	$90,680	$133,160	$218,620	$329,758

Source: Ownwell

Property Tax Bills Across Mount Blanchard, Hancock County, Ohio

In Mount Blanchard, located in Hancock County, OH, property tax bills are calculated by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. Factors such as property location, size, and improvements can influence this value. The median home price in the area is $133,160, which helps determine the tax bill. Homeowners here face a median property tax bill of $1,544, aligning with the local zip code. This figure is below the national median property tax bill of $2,400, making it relatively affordable. However, many homeowners still find their tax bills burdensome. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing your property’s assessment and identifying discrepancies, Ownwell can help you challenge overvaluations, potentially reducing your tax bill. This service ensures you only pay your fair share, easing the financial strain on homeowners.

Property Tax Bills Across Mount Blanchard, Hancock County, Ohio

Source: Ownwell

$182

$1,369

$2,555

Median Mount Blanchard Tax Bill

$1,544

Median Hancock County Tax Bill

$1,839

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Mount Blanchard, Hancock County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45867	$348	$1,019	$1,544	$2,241	$3,214

Source: Ownwell