Mc Donald, Mahoning County, Ohio Property Taxes
Last Updated March 1, 2025
Mc Donald, Mahoning County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.97%
Estimate Property Tax Bill
$2,169
$2,013
Property Tax Rates Across Mc Donald, Mahoning County, Ohio
Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total assessed value of all taxable properties within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Mahoning County, specifically in Mc Donald, the effective property tax rate stands at 1.97%. This rate is notably higher than the national median property tax rate of 1.02%. Comparing this to other cities in Ohio, Mc Donald's rate is among the highest, reflecting the county's budgetary requirements and property value assessments. The median property tax bill in Mc Donald also surpasses the national median of $2,400, underscoring the higher tax burden on property owners in this area. Understanding these rates can help property owners make informed decisions and explore potential savings through appeals or exemptions.
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 Mc Donald Tax Rate
1.97%
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 Mahoning County Tax Rate
1.98%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mc Donald, Mahoning County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44437 | 1.52% | 1.84% | 1.97% | 1.97% | 2.02% |
Source: Ownwell
Property Tax Assessment Values Across Mc Donald, Mahoning County, Ohio
When examining property taxes in Mc Donald, 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 Mahoning 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 Mahoning 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 Mc Donald.
For example, the median home price in Mc Donald is $110,120, with tax bills ranging significantly across the county. The zip code 44437 has the highest median home price at $110,120.
Property Tax Assessment Values Across Mc Donald, Mahoning County, Ohio
Source: Ownwell
$16,915
$99,008
$181,100
Median Mc Donald Market Value
$110,120
Median Mahoning County Market Value
$80,890
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mc Donald, Mahoning County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44437 | $68,422 | $84,695 | $110,120 | $122,645 | $163,892 |
Source: Ownwell
Property Tax Bills Across Mc Donald, Mahoning County, Ohio
In McDonald, OH, located in Mahoning County, property tax bills are determined based on the assessed value of a home. The local government calculates this by multiplying the assessed value by the local tax rate. With a median home price of $110,120, homeowners in McDonald typically face a median property tax bill that aligns closely with the national median. However, the tax bill can vary significantly, as evident from the 25th percentile tax bill of $1,644 and the 90th percentile reaching up to $3,031. These variations depend on factors such as property location and any applicable exemptions.
For homeowners in McDonald, high property taxes can be a significant financial burden. This is where Ownwell steps in to help. By leveraging expertise in property tax appeals and exemptions, Ownwell can assist homeowners in potentially reducing their tax bills. Their services involve reviewing property assessments and identifying opportunities for savings, ensuring homeowners pay only their fair share. This can lead to substantial savings and alleviate the financial strain of high property taxes.
Median Mc Donald Tax Bill
$1,705
Median Mahoning County Tax Bill
$1,534
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Mc Donald, Mahoning County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44437 | $1,368 | $1,644 | $1,705 | $2,413 | $3,031 |
Source: Ownwell