Morral, Marion County, Ohio Property Taxes

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

Median Morral, OH effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Morral, OH home value: $123,730
Median annual Morral, OH tax bill: $1,510, $890 lower than the national median property tax bill of $2,400.

How are property taxes in Marion calculated?

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

Last Updated March 1, 2025

Morral, Marion County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.26%

Estimate Property Tax Bill

$1,559

$1,447

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

Property Tax Rates Across Morral, Marion County, Ohio

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Morral’s effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S.

Morral, located in Marion County, has an effective property tax rate of 1.26%, which is notably higher than the national median of 1.02%. This places Morral among the higher-taxed areas within Ohio. The consistency in the tax rate across Marion County reflects the uniformity in budgetary needs and property values. Understanding these rates can help property owners in Morral make informed decisions about appealing their property taxes, ensuring they are not overpaying compared to similar properties in the region. By staying informed about local tax rates, property owners can better navigate the complexities of property tax assessments.

Property Tax Rates Across Morral, Marion County, Ohio

Source: Ownwell

1.14%

1.43%

1.72%

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 Morral Taxx Rate

1.26%

Median Effective Marion County Taxx Rate

1.35%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Morral, Marion County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43337	0.99%	1.14%	1.26%	1.31%	1.40%

Source: Ownwell

Property Tax Assessment Values Across Morral, Marion County, Ohio

When examining property taxes in Morral, 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 Marion 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 Marion 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 Morral.

For example, the median home price in Morral is $123,730, with tax bills ranging significantly across the county. ZIP code 43337 has the highest median home price at $123,730.

Property Tax Assessment Values Across Morral, Marion County, Ohio

Source: Ownwell

$90,060

$149,260

$208,460

Median Morral Market Value

$123,730

Median Marion County Market Value

$101,515

Median Ohio Market Value

$133,400

Median United States Market Value

$244,900

Property Tax Assessment Values Across Morral, Marion County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43337	$36,877	$65,770	$123,730	$184,938	$261,702

Source: Ownwell

Property Tax Bills Across Morral, Marion County, Ohio

In Morral, located in Marion County, OH, property tax bills are determined based on the assessed value of a home. The assessed value is a percentage of the market value, and local tax rates are applied to this assessed value to calculate the tax bill. With a median home price of $123,730, homeowners in Morral typically face a property tax bill that can range from $912 at the 25th percentile to $3,162 at the 90th percentile. The median tax bill of $1,510 falls below the national median of $2,400, reflecting a relatively moderate tax burden for Morral residents. Factors influencing these rates include local government budgets and school district funding needs. However, high property taxes can still impact homeowners' finances significantly. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing local assessments and ensuring fair valuations, Ownwell helps reduce tax liabilities, offering financial relief and peace of mind to homeowners in Morral.

Property Tax Bills Across Morral, Marion County, Ohio

Source: Ownwell

$1,316

$1,934

$2,552

Median Morral Tax Bill

$1,510

Median Marion County Tax Bill

$1,434

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,690

Property Tax Bills Across Morral, Marion County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43337	$443	$912	$1,510	$2,204	$3,162

Source: Ownwell