Dayton, Miami County, Ohio Property Taxes

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

Median Dayton, OH effective property tax rate: 1.66%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Dayton, OH home value: $166,500
Median annual Dayton, OH tax bill: $2,741, $341 higher than the national median property tax bill of $2,400.

How are property taxes in Miami County calculated?

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

Last Updated March 1, 2025

Dayton, Miami County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.66%

Estimate Property Tax Bill

$2,764

$2,565

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

Property Tax Rates Across Dayton, Miami County, Ohio

Local government entities are responsible for setting tax rates, and these can vary significantly within a state. Annually, each county determines its budgetary needs to provide essential services and divides this by the total value of all taxable property within its jurisdiction. The result is the property tax rate. While votes and legislation play a role in shaping tax rates and budgets, this is essentially the annual process.

In Dayton, located in Miami County, Ohio, the effective property tax rate is a key factor for homeowners to consider. Ohio's median tax rate is higher than the national median of 1.02%, which can impact the overall tax bill for property owners. Comparing Dayton's effective property tax rate to other cities in Ohio and the national median provides valuable insight for potential homeowners and investors. Understanding these rates can help in making informed decisions about property investments and managing expenses. Whether you're considering purchasing property or appealing your current tax assessment, being aware of the local tax landscape is crucial for financial planning and maximizing property value.

Property Tax Rates Across Dayton, Miami County, Ohio

Source: Ownwell

1.17%

1.41%

1.66%

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 Dayton Tax Rate

1.66%

Median Effective Miami County Tax Rate

1.33%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dayton, Miami County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45424	1.36%	1.55%	1.66%	1.67%	1.69%

Source: Ownwell

Property Tax Assessment Values Across Dayton, Miami County, Ohio

When examining property taxes in Dayton, 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 Miami 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.

Assessment notices:

In Miami 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 Dayton. For example, the median home price in Dayton is $166,500, with tax bills ranging significantly across the county. Zip code 45424 has the highest median home price at $166,500.

Property Tax Assessment Values Across Dayton, Miami County, Ohio

Source: Ownwell

$69,500

$148,150

$226,800

Median Dayton Market Value

$166,500

Median Miami County Market Value

$159,300

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dayton, Miami County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45424	$73,580	$124,800	$166,500	$219,150	$310,840

Source: Ownwell

Property Tax Bills Across Dayton, Miami County, Ohio

In Dayton, Ohio, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is periodically evaluated by the county. Factors such as location, property size, and improvements can influence the assessed value, impacting the final tax bill. For homeowners in Dayton, the tax bill can vary significantly, with the 25th percentile at $1,834 and the 75th percentile reaching $3,422. The highest median tax bill in the area is $2,741, which is above the national median of $2,400. This can pose a financial challenge for many homeowners. However, Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential errors or opportunities for exemptions, Ownwell can help homeowners reduce their tax burden. This service not only ensures fair taxation but also offers peace of mind, knowing that your property taxes are being managed effectively.

Property Tax Bills Across Dayton, Miami County, Ohio

Source: Ownwell

$782

$2,162

$3,541

Median Dayton Tax Bill

$2,741

Median Miami County Tax Bill

$2,118

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Dayton, Miami County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45424	$1,201	$1,834	$2,741	$3,422	$4,846

Source: Ownwell