Henry County, Ohio Property Taxes
The median property tax rate in Henry County is 0.78%, which is notably lower than both the national median of 0.99% and Ohio's state median of 1.80%. With the median home value in Henry County at $213,460, the typical annual property tax bill amounts to $1,746, significantly less than the national median of $2,690. Property taxes in Henry County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Henry 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 Napoleon or another part of Henry County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Henry County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$1,665
$1,545
Ownwell’s Henry County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Henry County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Henry 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's 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 Henry County, Ohio
Property taxes in Henry County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Henry County is 0.78%, which is lower than the Ohio state median and the U.S. national median of 0.99%. Local government entities within Henry County set these rates annually, and they can vary significantly between different areas within the county. Each year, Henry 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 Henry County's effective property tax rate with other counties in Ohio and the national median. For comparison, the city of Florida has one of the higher property tax rates in Ohio at 1.02%, while the city of Okolona boasts one of the lowest at 0.61%. Analyzing how Henry County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Henry County Tax Rate
0.78%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Henry County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Archbold | 0.59% | 0.83% | 0.97% | 1.08% | 1.18% |
| Colton | 0.53% | 0.60% | 0.76% | 0.80% | 0.89% |
| Custar | 0.60% | 0.68% | 0.74% | 0.78% | 0.81% |
| Defiance | 0.53% | 0.69% | 0.88% | 1.05% | 1.17% |
| Delta | N/A | N/A | N/A | N/A | N/A |
| Deshler | 0.55% | 0.66% | 0.74% | 0.84% | 0.92% |
| Florida | N/A | N/A | N/A | N/A | N/A |
| Grand Rapids | 0.61% | 0.65% | 0.71% | 0.75% | 0.81% |
| Grelton | 0.66% | 0.73% | 0.84% | 0.95% | 1.03% |
| Hamler | 0.56% | 0.74% | 0.83% | 0.91% | 0.99% |
| Holgate | 0.54% | 0.70% | 0.80% | 0.89% | 0.97% |
| Leipsic | 0.53% | 0.82% | 0.88% | 0.95% | 1.05% |
| Liberty Center | 0.61% | 0.71% | 0.80% | 0.88% | 0.96% |
| Malinta | 0.49% | 0.67% | 0.74% | 0.83% | 0.93% |
| Mcclure | N/A | N/A | N/A | N/A | N/A |
| Mc Clure | 0.58% | 0.72% | 0.86% | 1.00% | 1.13% |
| Napoleon | 0.59% | 0.68% | 0.76% | 0.83% | 0.90% |
| New Bavaria | 0.51% | 0.73% | 0.84% | 0.93% | 1.02% |
| Okolona | N/A | N/A | N/A | N/A | N/A |
| Ridgeville Corners | 0.79% | 0.91% | 0.97% | 1.04% | 1.26% |
| Stryker | 0.56% | 0.81% | 0.94% | 1.01% | 1.12% |
| Wauseon | 0.67% | 0.70% | 0.77% | 0.81% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Henry County, Ohio
In Henry 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 Henry 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 Henry 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. For instance, Stryker has the highest median tax bill at $3,344, while Florida has the lowest at $239. Being aware of these valuation processes in Henry County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Henry County Assessed Value
$213,460
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Henry County, Ohio
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Archbold | $158,780 | $229,900 | $301,920 | $474,980 | $776,432 |
| Colton | $17,699 | $84,905 | $140,530 | $170,750 | $201,628 |
| Custar | $180,632 | $198,080 | $255,520 | $321,140 | $477,880 |
| Defiance | $145,440 | $189,510 | $289,500 | $433,570 | $559,660 |
| Delta | N/A | N/A | N/A | N/A | N/A |
| Deshler | $31,096 | $108,140 | $171,200 | $254,820 | $444,292 |
| Florida | N/A | N/A | N/A | N/A | N/A |
| Grand Rapids | $144,948 | $225,040 | $336,340 | $414,820 | $495,752 |
| Grelton | $21,172 | $76,590 | $138,620 | $180,670 | $215,124 |
| Hamler | $43,284 | $118,650 | $189,840 | $291,000 | $477,648 |
| Holgate | $67,300 | $115,720 | $165,040 | $248,260 | $417,400 |
| Leipsic | $130,930 | $180,300 | $240,150 | $483,800 | $813,156 |
| Liberty Center | $35,266 | $141,885 | $234,660 | $355,940 | $509,396 |
| Malinta | $82,292 | $141,430 | $211,070 | $295,865 | $537,030 |
| Mcclure | N/A | N/A | N/A | N/A | N/A |
| Mc Clure | $7,230 | $57,960 | $160,010 | $272,080 | $459,160 |
| Napoleon | $54,868 | $163,720 | $233,980 | $343,460 | $505,968 |
| New Bavaria | $35,232 | $137,765 | $186,400 | $264,260 | $432,494 |
| Okolona | N/A | N/A | N/A | N/A | N/A |
| Ridgeville Corners | $53,838 | $148,630 | $189,430 | $243,410 | $303,956 |
| Stryker | $62,332 | $217,280 | $351,280 | $698,900 | $907,848 |
| Wauseon | $126,812 | $195,340 | $277,360 | $346,800 | $484,148 |
Source: Ownwell
Property Tax Bills Across Henry County, Ohio
In Henry County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Henry County pay a median property tax rate that varies significantly within the county. For instance, the tax bill for homes at the 25th percentile is around $1,198, while those at the 75th percentile face a tax bill of approximately $2,590. At the 90th percentile, the tax bill can reach up to $3,719. Factors that influence the property tax bill include the assessed value of the property, local tax rates, and any applicable exemptions. For example, the highest median tax bill in the county is found in Stryker, where homeowners pay a median of $3,344, compared to Florida, where the lowest median tax bill is just $239. These variations affect homeowners differently, making it crucial to understand how local assessments and rates impact individual tax obligations. Compared to the national median property tax rate of 0.99%, Henry County's rates reflect a diverse range of tax burdens for its residents.
Average Henry County Tax Bill
$1,746
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Henry County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Archbold | $1,642 | $2,276 | $2,964 | $4,233 | $5,678 |
| Colton | $186 | $721 | $914 | $1,349 | $1,660 |
| Custar | $1,134 | $1,498 | $1,746 | $2,216 | $3,243 |
| Defiance | $1,318 | $1,885 | $2,716 | $3,915 | $4,824 |
| Delta | N/A | N/A | N/A | N/A | N/A |
| Deshler | $514 | $960 | $1,352 | $1,918 | $3,159 |
| Florida | N/A | N/A | N/A | N/A | N/A |
| Grand Rapids | $1,192 | $1,621 | $2,238 | $3,057 | $3,282 |
| Grelton | $214 | $756 | $1,253 | $1,639 | $1,685 |
| Hamler | $542 | $1,004 | $1,618 | $2,460 | $3,786 |
| Holgate | $631 | $940 | $1,343 | $1,969 | $3,014 |
| Leipsic | $1,519 | $1,816 | $2,595 | $3,762 | $4,958 |
| Liberty Center | $683 | $1,284 | $1,986 | $2,814 | $3,878 |
| Malinta | $671 | $1,099 | $1,586 | $2,334 | $3,433 |
| Mcclure | N/A | N/A | N/A | N/A | N/A |
| Mc Clure | $250 | $1,012 | $1,647 | $2,441 | $3,631 |
| Napoleon | $950 | $1,328 | $1,863 | $2,665 | $3,801 |
| New Bavaria | $474 | $1,135 | $1,650 | $2,277 | $3,148 |
| Okolona | N/A | N/A | N/A | N/A | N/A |
| Ridgeville Corners | $547 | $1,512 | $1,900 | $2,295 | $2,601 |
| Stryker | $1,040 | $2,120 | $3,344 | $4,440 | $7,822 |
| Wauseon | $928 | $1,624 | $2,037 | $2,690 | $3,233 |
Source: Ownwell