Ironton, Lawrence County, Ohio Property Taxes
Median Ironton, OH effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Ironton, OH home value: $74,410
Median annual Ironton, OH tax bill: $819, $1,581 lower than the national median property tax bill of $2,400.
How are property taxes in Lawrence County calculated?
Property taxes in Ironton, 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 Ironton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ironton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ironton, Lawrence County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.1%
Estimate Property Tax Bill
$819
$760
Property Tax Rates Across Ironton, Lawrence County, Ohio
Local government entities are responsible for setting tax rates, which can vary widely within a state. Each county estimates its required budget annually 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 votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Ironton, located in Lawrence County, Ohio, the effective property tax rate is 1.10%. This rate is slightly above the national median property tax rate of 1.02%. Within Ohio, Ironton shares the same effective tax rate of 1.10% with other areas in the state. The property tax rate in Ironton reflects the county's budgetary needs and the value of taxable property in the area. When comparing Ironton's rate to the national median, residents pay a higher percentage in property taxes. Understanding these rates can help property owners make informed decisions and potentially explore appeals or exemptions to manage their tax burden effectively.
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 Ironton Tax Rate
1.10%
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 Lawrence County Tax Rate
1.02%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ironton, Lawrence County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45638 | 0.81% | 0.98% | 1.10% | 1.28% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Ironton, Lawrence County, Ohio
When examining property taxes in Ironton, 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 Lawrence 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 Lawrence County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Ironton. For example, the median home price in Ironton is $74,410, with tax bills ranging significantly across the county. Zip code 45638 has the highest median home price at $74,410.
Property Tax Assessment Values Across Ironton, Lawrence County, Ohio
Source: Ownwell
$28,380
$71,610
$114,840
Median Ironton Market Value
$74,410
Median Lawrence County Market Value
$85,530
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ironton, Lawrence County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45638 | $15,398 | $49,840 | $74,410 | $106,080 | $154,476 |
Source: Ownwell
Property Tax Bills Across Ironton, Lawrence County, Ohio
Median Ironton Tax Bill
$819
Median Lawrence County Tax Bill
$879
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Ironton, Lawrence County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45638 | $155 | $502 | $819 | $1,198 | $1,722 |
Source: Ownwell