Columbia Station, Lorain County, Ohio Property Taxes

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

Median Columbia Station, OH effective property tax rate: 1.71%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Columbia Station, OH home value: $223,425
Median annual Columbia Station, OH tax bill: $3,524, $1,124 higher than the national median property tax bill of $2,400.

How are property taxes in Lorain calculated?

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

Last Updated March 1, 2025

Columbia Station, Lorain County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.71%

Estimate Property Tax Bill

$3,821

$3,545

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

Property Tax Rates Across Columbia Station, Lorain County, Ohio

Local government entities are responsible for setting property tax rates, which can significantly vary within Ohio. Each county calculates its required budget for public services and divides this by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While setting tax rates and budgets involves votes and laws, this is essentially the annual process.

In Columbia Station, located in Lorain County, the effective property tax rate stands at 1.71%. This rate is notably higher than the national median of 1.02%. The tax rate in Columbia Station is consistent with the highest and lowest rates within the area, indicating a uniformity in property tax assessments for this region. Compared to the national median property tax bill of $2,400, property owners in Columbia Station may experience higher tax bills due to the elevated tax rate. Understanding these rates can be crucial for homeowners seeking to manage their expenses effectively. By being informed, property owners in Columbia Station can better navigate their financial responsibilities and potentially explore options for appealing or seeking exemptions on their property taxes.

Property Tax Rates Across Columbia Station, Lorain County, Ohio

Source: Ownwell

1.41%

1.73%

2.05%

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 Columbia Station Tax Rate

1.71%

Median Effective Lorain County Tax Rate

1.82%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Columbia Station, Lorain County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44028	1.47%	1.67%	1.71%	1.74%	1.99%

Source: Ownwell

Property Tax Assessment Values Across Columbia Station, Lorain County, Ohio

When examining property taxes in Columbia Station, 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 Lorain 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 Lorain County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Columbia Station.

For example, the median home price in Columbia Station is $223,425, with tax bills ranging significantly across the county. Zip code 44028 has the highest median home price at $223,440.

Property Tax Assessment Values Across Columbia Station, Lorain County, Ohio

Source: Ownwell

$15,750

$159,090

$302,430

Median Columbia Station Market Value

$223,425

Median Lorain County Market Value

$141,300

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Columbia Station, Lorain County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44028	$106,788	$146,695	$223,440	$335,210	$442,714

Source: Ownwell

Property Tax Bills Across Columbia Station, Lorain County, Ohio

In Columbia Station, located in Lorain County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is a percentage of the market value of the property. The property tax rate is then applied to this assessed value to calculate the annual tax bill. Factors such as local government budgets and public service needs influence the tax rate. Homeowners in Columbia Station can expect tax bills that vary significantly, with the 25th percentile at $2,403 and the 90th percentile reaching $7,277. Compared to the national median property tax bill of $2,400, Columbia Station's tax bills can be substantially higher. Ownwell assists homeowners by offering property tax appeal services, potentially reducing these tax bills. By reviewing property assessments and identifying discrepancies, Ownwell can help ensure homeowners are not overpaying, providing a valuable opportunity to save on their annual property tax expenses.

Property Tax Bills Across Columbia Station, Lorain County, Ohio

Source: Ownwell

$286

$3,021

$5,756

Median Columbia Station Tax Bill

$3,524

Median Lorain County Tax Bill

$2,507

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Columbia Station, Lorain County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44028	$1,634	$2,403	$3,525	$5,469	$7,278

Source: Ownwell