North Lima, Mahoning County, Ohio Property Taxes

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

Median North Lima, OH effective property tax rate: 1.96%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%. Median North Lima, OH home value: $149,515. Median annual North Lima, OH tax bill: $2,771, $371 higher than the national median property tax bill of $2,400.

How are property taxes in Mahoning County calculated?

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

Last Updated March 1, 2025

North Lima, Mahoning County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.96%

Estimate Property Tax Bill

$2,930

$2,719

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

Property Tax Rates Across North Lima, Mahoning County, Ohio

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

In North Lima, Mahoning County, Ohio, the effective property tax rate is 1.96%, which is notably higher than the national median property tax rate of 1.02%. This higher rate reflects the county's specific budgetary needs and the total value of taxable properties within the area. Compared to other cities in Ohio, North Lima's rate is consistent with the highest and lowest median tax rates found in the state, both at 1.96%. This indicates a uniformity in property tax rates within this region of Ohio, which may be attributed to the county's approach to budgeting and taxation. Understanding these local variations can help property owners better anticipate their annual tax liabilities and seek potential exemptions or appeals if necessary.

Property Tax Rates Across North Lima, Mahoning County, Ohio

Source: Ownwell

1.39%

1.87%

2.35%

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 North Lima Tax Rate

1.96%

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 North Lima, Mahoning County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44452	1.56%	1.96%	1.96%	2.01%	2.02%

Source: Ownwell

Property Tax Assessment Values Across North Lima, Mahoning County, Ohio

When examining property taxes in North Lima, 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 Auditor 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 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 North Lima. For example, the median home price in North Lima is $149,515, with tax bills ranging significantly across the county. Zip code 44452 has the highest median home price at $149,515.

Property Tax Assessment Values Across North Lima, Mahoning County, Ohio

Source: Ownwell

$16,915

$99,008

$181,100

Median North Lima Market Value

$149,515

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 North Lima, Mahoning County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44452	$54,650	$87,875	$149,515	$264,788	$357,415

Source: Ownwell

Property Tax Bills Across North Lima, Mahoning County, Ohio

In North Lima, Mahoning County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and recent sales of similar properties can influence the assessed value. In North Lima, the median property tax bill is $2,771, which is slightly above the national median of $2,400, reflecting the region's tax rate and home values. For homeowners, a high tax bill can significantly impact monthly budgets, especially when compared to the national median property tax rate of 1.02%. Ownwell assists homeowners by reviewing their property tax assessments and identifying potential errors or overvaluations. By filing appeals and applying for exemptions, Ownwell can help reduce the financial burden, ensuring homeowners pay only their fair share. With expertise in navigating the complexities of property tax systems, Ownwell is a valuable ally in managing property tax liabilities.

Property Tax Bills Across North Lima, Mahoning County, Ohio

Source: Ownwell

$326

$1,808

$3,290

Median North Lima Tax Bill

$2,771

Median Mahoning County Tax Bill

$1,534

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across North Lima, Mahoning County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44452	$982	$1,645	$2,771	$5,119	$6,979

Source: Ownwell