Lawrence County, Ohio Property Taxes
The median property tax rate in Lawrence County is 1.02%, which is slightly higher than the national median of 0.99% but significantly lower than Ohio's state median of 1.80%. With a median home value of $85,530, the typical annual property tax bill in Lawrence County amounts to $879, well below the national median of $2,690. Property taxes in Lawrence County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding the specific property tax system in Lawrence County, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Ironton or another part of Lawrence County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lawrence County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$872
$810
Ownwell’s Lawrence County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Lawrence County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lawrence 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 Lawrence County, Ohio
Property taxes in Lawrence County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lawrence County is 1.02%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Lawrence County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lawrence 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. For comparison, the city of Ironton has one of the higher property tax rates in Ohio at 1.10%, while the city of Proctor boasts one of the lowest at 0.82%. Analyzing how Lawrence County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lawrence County Tax Rate
1.02%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lawrence County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chesapeake | 0.77% | 0.97% | 1.00% | 1.08% | 1.15% |
| Coal Grove | 0.77% | 1.03% | 1.09% | 1.18% | 1.28% |
| Crown City | 0.82% | 0.95% | 0.97% | 0.99% | 1.06% |
| Franklin Furnace | N/A | N/A | N/A | N/A | N/A |
| Hanging Rock | N/A | N/A | N/A | N/A | N/A |
| Ironton | 0.81% | 0.98% | 1.10% | 1.28% | 1.31% |
| Irving | N/A | N/A | N/A | N/A | N/A |
| Kitts Hill | 0.73% | 0.98% | 1.00% | 1.03% | 1.08% |
| Oak Hill | 0.72% | 0.99% | 1.02% | 1.06% | 1.11% |
| Patriot | N/A | N/A | N/A | N/A | N/A |
| Pedro | 0.67% | 0.97% | 1.00% | 1.06% | 1.12% |
| Proctor | N/A | N/A | N/A | N/A | N/A |
| Proctorville | 0.77% | 0.94% | 0.96% | 1.00% | 1.12% |
| Rock Camp | N/A | N/A | N/A | N/A | N/A |
| Scottown | 0.75% | 0.98% | 1.01% | 1.06% | 1.11% |
| South Point | 0.84% | 1.03% | 1.08% | 1.19% | 1.22% |
| South Webster | 0.86% | 1.01% | 1.03% | 1.06% | 1.12% |
| Waterloo | 0.72% | 0.98% | 1.01% | 1.07% | 1.13% |
| Willow Wood | 0.77% | 0.98% | 1.00% | 1.03% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Lawrence County, Ohio
In Lawrence 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 Lawrence 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 Lawrence 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 Lawrence County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, the city of Irving has the highest median tax bill at $3,091, while South Webster has the lowest at $254.
Average Lawrence County Assessed Value
$85,530
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lawrence County, Ohio
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chesapeake | $14,698 | $37,405 | $84,365 | $130,122 | $193,752 |
| Coal Grove | $16,386 | $45,335 | $66,300 | $92,530 | $124,308 |
| Crown City | $14,410 | $36,510 | $110,020 | $185,110 | $307,164 |
| Franklin Furnace | N/A | N/A | N/A | N/A | N/A |
| Hanging Rock | N/A | N/A | N/A | N/A | N/A |
| Ironton | $15,398 | $49,840 | $74,410 | $106,080 | $154,476 |
| Irving | N/A | N/A | N/A | N/A | N/A |
| Kitts Hill | $12,299 | $27,970 | $80,645 | $129,885 | $184,193 |
| Oak Hill | $13,140 | $21,260 | $60,770 | $80,008 | $121,870 |
| Patriot | N/A | N/A | N/A | N/A | N/A |
| Pedro | $10,215 | $17,142 | $50,440 | $91,922 | $148,810 |
| Proctor | N/A | N/A | N/A | N/A | N/A |
| Proctorville | $17,550 | $62,340 | $114,840 | $182,615 | $269,490 |
| Rock Camp | N/A | N/A | N/A | N/A | N/A |
| Scottown | $7,480 | $18,398 | $52,830 | $106,770 | $174,910 |
| South Point | $16,786 | $61,875 | $104,140 | $141,788 | $191,855 |
| South Webster | $10,268 | $16,240 | $28,380 | $71,895 | $109,850 |
| Waterloo | $8,724 | $13,700 | $28,800 | $78,025 | $120,398 |
| Willow Wood | $10,114 | $26,905 | $74,360 | $119,575 | $163,424 |
Source: Ownwell
Property Tax Bills Across Lawrence County, Ohio
In Lawrence County, OH, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. Homeowners in this region face varying tax bills influenced by several factors, including the property's assessed value and the local tax rate. For example, the 25th percentile of tax bills in Lawrence County is $454, while the 75th percentile reaches $1369, and the 90th percentile goes up to $2024. These figures illustrate the range of tax burdens homeowners might encounter. The median home price in Lawrence County is $85,530, which helps determine the assessed value. Compared to the national median property tax rate of 0.99%, Lawrence County offers a relatively affordable range, with South Webster having the lowest median tax bill at $254. However, it's essential to note that the local tax rate and assessed value can significantly influence what homeowners ultimately pay, impacting their financial planning and homeownership costs.
Average Lawrence County Tax Bill
$879
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Lawrence County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chesapeake | $137 | $375 | $839 | $1,302 | $1,977 |
| Coal Grove | $206 | $474 | $696 | $963 | $1,294 |
| Crown City | $136 | $353 | $1,037 | $1,722 | $2,854 |
| Franklin Furnace | N/A | N/A | N/A | N/A | N/A |
| Hanging Rock | N/A | N/A | N/A | N/A | N/A |
| Ironton | $155 | $502 | $819 | $1,198 | $1,722 |
| Irving | N/A | N/A | N/A | N/A | N/A |
| Kitts Hill | $111 | $282 | $737 | $1,236 | $1,815 |
| Oak Hill | $130 | $212 | $511 | $793 | $1,200 |
| Patriot | N/A | N/A | N/A | N/A | N/A |
| Pedro | $87 | $173 | $439 | $865 | $1,410 |
| Proctor | N/A | N/A | N/A | N/A | N/A |
| Proctorville | $175 | $593 | $1,092 | $1,725 | $2,560 |
| Rock Camp | N/A | N/A | N/A | N/A | N/A |
| Scottown | $63 | $183 | $512 | $971 | $1,698 |
| South Point | $178 | $583 | $1,081 | $1,541 | $2,107 |
| South Webster | $98 | $171 | $254 | $697 | $1,086 |
| Waterloo | $79 | $143 | $292 | $700 | $1,206 |
| Willow Wood | $94 | $261 | $711 | $1,150 | $1,636 |
Source: Ownwell