Sunbury, Licking County, Ohio Property Taxes

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

Median Sunbury, OH effective property tax rate: 2.44%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Sunbury, OH home value: $232,300
Median annual Sunbury, OH tax bill: $5,202, $2,802 higher than the national median property tax bill of $2,400.

How are property taxes in Licking calculated?

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

Last Updated March 1, 2025

Sunbury, Licking County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.44%

Estimate Property Tax Bill

$5,668

$5,260

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

Property Tax Rates Across Sunbury, Licking County, Ohio

Local government entities in Sunbury, located in Licking County, Ohio, determine tax rates that can significantly differ across the state. Each year, the county calculates its necessary budget to fund essential services and divides this by the total value of all taxable property within its jurisdiction. This process establishes the property tax rate in Sunbury. Although voting and legislation play a role in setting these rates and budgets, this is the core annual procedure.

Comparatively, Sunbury's effective property tax rate aligns with the highest and lowest median tax rates within the state, both at 2.44%. This rate is notably higher than the national median property tax rate of 1.02%. With Ohio's property tax rates varying widely, Sunbury's rate illustrates the potential for significant differences in property tax burdens within the state. While the national median property tax bill stands at $2,400, property owners in Sunbury should be aware of the local rates that could impact their financial planning. Understanding these differences can aid in making informed decisions about property ownership and tax liabilities in Sunbury.

Property Tax Rates Across Sunbury, Licking County, Ohio

Source: Ownwell

1.80%

2.88%

3.96%

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 Sunbury Tax Rate

2.44%

Median Effective Licking County Tax Rate

2.22%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sunbury, Licking County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43074	1.61%	2.44%	2.44%	2.44%	2.44%

Source: Ownwell

Property Tax Assessment Values Across Sunbury, Licking County, Ohio

When examining property taxes in Sunbury, 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 Licking 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 Licking 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 Sunbury. For example, the median home price in Sunbury is $232,300, with tax bills ranging significantly across the county. Zip code 43074 has the highest median home price at $232,300.

Property Tax Assessment Values Across Sunbury, Licking County, Ohio

Source: Ownwell

$7,100

$149,200

$291,300

Median Sunbury Market Value

$232,300

Median Licking County Market Value

$163,800

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sunbury, Licking County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43074	$62,980	$135,050	$232,300	$299,300	$404,520

Source: Ownwell

Property Tax Bills Across Sunbury, Licking County, Ohio

In Sunbury, Ohio, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the property's market value, and the local tax rate is applied to this assessed value to determine the tax bill. Factors such as the location of the property, its size, and any improvements made can influence the assessed value. Homeowners in Sunbury face property tax bills that vary significantly, with the 25th percentile at $3,143 and the 75th percentile reaching $7,161. This is notably higher than the national median property tax bill of $2,400. Such high property taxes can place a significant financial burden on homeowners. However, Ownwell can assist homeowners in reducing their property tax bills by identifying potential savings through appeals and exemptions. By analyzing property assessments and ensuring they are fair and accurate, Ownwell helps homeowners potentially lower their tax liabilities, providing much-needed financial relief.

Property Tax Bills Across Sunbury, Licking County, Ohio

Source: Ownwell

$142

$5,016

$9,889

Median Sunbury Tax Bill

$5,202

Median Licking County Tax Bill

$3,689

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Sunbury, Licking County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43074	$1,538	$3,143	$5,202	$7,161	$8,420

Source: Ownwell