Montgomery County Property Taxes
The median property tax rate in Montgomery County is 2.62%, significantly higher than both the national median of 0.99% and Ohio's state median of 1.80%. With the median home value in Montgomery County, the typical annual property tax bill reaches $2,435, which is below the national median of $2,690. Property taxes in Montgomery County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Montgomery County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Dayton or another part of Montgomery County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Montgomery County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.62%
Estimate Property Tax Bill
$2,591
$2,405
Ownwell’s Montgomery County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Montgomery County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Montgomery County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Montgomery County, Ohio
Property taxes in Montgomery County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Montgomery County is 2.62%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Montgomery County set these rates annually, and they can vary significantly between different areas within the county. Each year, Montgomery County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Yellow Springs has one of the higher property tax rates in Ohio at 11.93%, while the city of West Alexandria boasts one of the lowest at 1.27%. Analyzing how Montgomery County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Montgomery County Tax Rate
2.62%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Montgomery County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beavercreek | 1.77% | 1.88% | 2.21% | 2.27% | 2.32% |
| Bellbrook | 2.64% | 2.64% | 2.64% | 2.64% | 2.64% |
| Brandon | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% |
| Brookville | 1.69% | 2.11% | 2.17% | 2.39% | 2.68% |
| Buffalo | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% |
| Carlisle | 1.46% | 1.53% | 1.97% | 1.99% | 2.00% |
| Cedarville | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% |
| Celina | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% |
| Centerville | 2.20% | 2.56% | 2.57% | 2.62% | 2.73% |
| Christiansburg | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% |
| Cincinnati | 2.12% | 2.34% | 2.56% | 3.01% | 5.28% |
| Clayton | 2.13% | 2.64% | 2.65% | 2.70% | 2.87% |
| Crescent City | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% |
| Dallas | 2.63% | 2.63% | 2.65% | 2.66% | 2.67% |
| Dayton | 1.85% | 2.34% | 2.62% | 2.78% | 3.19% |
| Detroit | 2.62% | 2.62% | 2.62% | 2.62% | 2.62% |
| Englewood | 2.12% | 2.59% | 2.61% | 3.03% | 3.11% |
| Fairborn | 2.97% | 2.97% | 2.97% | 2.97% | 2.97% |
| Farmersville | 1.87% | 2.26% | 2.27% | 2.31% | 2.36% |
| Fletcher | 2.35% | 2.35% | 2.35% | 2.35% | 2.35% |
| Franklin | 1.54% | 1.97% | 2.00% | 2.21% | 2.53% |
| Germantown | 1.05% | 1.06% | 2.00% | 2.21% | 2.27% |
| Houghton | 2.68% | 2.69% | 2.69% | 2.69% | 2.70% |
| Huber Heights | 2.24% | 2.28% | 2.29% | 2.35% | 2.36% |
| Jefferson | 7.49% | 7.49% | 7.49% | 7.49% | 7.49% |
| Kettering | 2.05% | 2.38% | 2.75% | 2.80% | 2.81% |
| Kettlersville | 2.74% | 2.74% | 2.74% | 2.74% | 2.74% |
| Lewisburg | 2.14% | 2.16% | 2.34% | 2.48% | 2.52% |
| Mason | 2.61% | 2.61% | 2.61% | 2.61% | 2.61% |
| Miamisburg | 1.99% | 2.63% | 2.65% | 2.87% | 2.94% |
| Middletown | 1.70% | 2.01% | 2.21% | 2.23% | 2.73% |
| Moraine | 1.67% | 2.45% | 2.63% | 2.76% | 3.18% |
| Newark | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% |
| New Carlisle | 2.07% | 2.28% | 2.29% | 2.29% | 2.34% |
| New Lebanon | 1.32% | 1.99% | 2.59% | 2.64% | 2.70% |
| New Madison | 2.63% | 2.63% | 2.63% | 2.63% | 2.63% |
| Oakwood | 2.90% | 3.13% | 3.13% | 3.15% | 3.21% |
| Oklahoma City | 2.29% | 2.29% | 2.29% | 2.29% | 2.29% |
| Palatine | 2.63% | 2.65% | 2.70% | 2.74% | 2.76% |
| Phillipsburg | 2.48% | 2.95% | 3.39% | 3.56% | 4.11% |
| Piqua | 3.07% | 3.07% | 3.07% | 3.07% | 3.07% |
| Riverside | 2.30% | 2.49% | 2.54% | 2.60% | 9.83% |
| Roanoke | 2.91% | 2.91% | 2.91% | 2.91% | 2.91% |
| Springboro | 1.98% | 1.98% | 1.98% | 1.98% | 2.03% |
| Springfield | 2.29% | 2.29% | 2.29% | 2.29% | 2.29% |
| Tipp City | 2.22% | 2.26% | 2.70% | 2.72% | 2.81% |
| Trotwood | 1.82% | 2.93% | 2.99% | 3.03% | 3.30% |
| Troy | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% |
| Union | 2.59% | 2.87% | 2.88% | 3.08% | 3.14% |
| Union City | 2.73% | 2.74% | 2.75% | 2.76% | 2.76% |
| Vandalia | 1.82% | 2.25% | 2.26% | 2.28% | 2.33% |
| Verona | 2.24% | 2.37% | 2.41% | 2.43% | 2.46% |
| Washingtn Twp | N/A | N/A | N/A | N/A | N/A |
| Washington Township | 2.19% | 2.56% | 2.57% | 2.57% | 2.62% |
| Waynesville | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% |
| West Alexandria | 1.00% | 1.22% | 1.27% | 2.20% | 2.51% |
| West Carrollton | N/A | N/A | N/A | N/A | N/A |
| West Milton | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% |
| Xenia | 1.59% | 1.66% | 1.77% | 1.88% | 1.95% |
| Yellow Springs | 11.93% | 11.93% | 11.93% | 11.93% | 11.93% |
| Youngstown | 2.75% | 2.76% | 2.77% | 2.79% | 2.79% |
Source: Ownwell
Property Tax Assessment Values Across Montgomery County, Ohio
In Montgomery County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Montgomery County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Montgomery County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Newark has the highest median tax bill at $10,436, while Xenia has the lowest at $655. Being aware of these valuation processes in Montgomery County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Montgomery County Assessed Value
$98,910
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Montgomery County, Ohio
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beavercreek | $74,190 | $118,355 | $145,040 | $160,095 | $171,830 |
| Bellbrook | $34,720 | $34,720 | $34,720 | $34,720 | $34,720 |
| Brandon | $114,330 | $114,330 | $114,330 | $114,330 | $114,330 |
| Brookville | $73,761 | $99,070 | $135,170 | $187,855 | $246,961 |
| Buffalo | $35,650 | $35,650 | $35,650 | $35,650 | $35,650 |
| Carlisle | $93,472 | $98,860 | $106,560 | $111,260 | $121,644 |
| Cedarville | $114,600 | $114,600 | $114,600 | $114,600 | $114,600 |
| Celina | $255,690 | $255,690 | $255,690 | $255,690 | $255,690 |
| Centerville | $4,640 | $134,010 | $161,760 | $178,400 | $244,810 |
| Christiansburg | $135,000 | $135,000 | $135,000 | $135,000 | $135,000 |
| Cincinnati | $44,232 | $63,920 | $81,400 | $187,210 | $212,280 |
| Clayton | $69,289 | $103,582 | $131,265 | $188,822 | $281,678 |
| Crescent City | $27,280 | $27,280 | $27,280 | $27,280 | $27,280 |
| Dallas | $27,343 | $32,058 | $39,915 | $47,772 | $52,487 |
| Dayton | $28,610 | $48,462 | $87,660 | $148,980 | $225,289 |
| Detroit | $185,110 | $185,110 | $185,110 | $185,110 | $185,110 |
| Englewood | $81,569 | $95,900 | $118,880 | $148,178 | $191,840 |
| Fairborn | $136,470 | $136,470 | $136,470 | $136,470 | $136,470 |
| Farmersville | $72,581 | $95,112 | $138,540 | $192,325 | $246,552 |
| Fletcher | $96,380 | $96,380 | $96,380 | $96,380 | $96,380 |
| Franklin | $94,868 | $103,380 | $116,830 | $131,380 | $215,326 |
| Germantown | $80,696 | $104,525 | $135,320 | $187,515 | $255,982 |
| Houghton | $21,257 | $24,792 | $30,685 | $36,578 | $40,113 |
| Huber Heights | $12,004 | $68,070 | $163,280 | $245,070 | $272,942 |
| Jefferson | $8,810 | $8,810 | $8,810 | $8,810 | $8,810 |
| Kettering | $5,350 | $82,680 | $116,000 | $163,650 | $195,470 |
| Kettlersville | $162,830 | $162,830 | $162,830 | $162,830 | $162,830 |
| Lewisburg | $128,266 | $135,640 | $180,505 | $188,852 | $199,243 |
| Mason | $67,080 | $67,080 | $67,080 | $67,080 | $67,080 |
| Miamisburg | $67,798 | $94,800 | $147,600 | $192,760 | $241,824 |
| Middletown | $26,162 | $125,105 | $185,940 | $241,015 | $269,330 |
| Moraine | $36,480 | $52,050 | $66,720 | $82,250 | $96,570 |
| Newark | $383,340 | $383,340 | $383,340 | $383,340 | $383,340 |
| New Carlisle | $129,726 | $173,500 | $199,820 | $241,115 | $277,926 |
| New Lebanon | $55,066 | $73,165 | $85,800 | $118,465 | $165,436 |
| New Madison | $96,250 | $96,250 | $96,250 | $96,250 | $96,250 |
| Oakwood | $149,392 | $183,555 | $240,365 | $334,905 | $467,453 |
| Oklahoma City | $87,410 | $87,410 | $87,410 | $87,410 | $87,410 |
| Palatine | $89,310 | $124,710 | $183,710 | $242,710 | $278,110 |
| Phillipsburg | $49,518 | $64,470 | $79,400 | $95,512 | $109,592 |
| Piqua | $86,320 | $86,320 | $86,320 | $86,320 | $86,320 |
| Riverside | $9,237 | $37,170 | $64,915 | $77,398 | $100,046 |
| Roanoke | $129,170 | $129,170 | $129,170 | $129,170 | $129,170 |
| Springboro | $165,596 | $186,240 | $206,430 | $231,735 | $254,400 |
| Springfield | $67,260 | $67,260 | $67,260 | $67,260 | $67,260 |
| Tipp City | $122,036 | $155,920 | $204,570 | $302,490 | $359,070 |
| Trotwood | $31,676 | $42,422 | $52,895 | $65,308 | $81,763 |
| Troy | $204,170 | $204,170 | $204,170 | $204,170 | $204,170 |
| Union | $82,702 | $107,208 | $166,690 | $223,932 | $268,617 |
| Union City | $43,267 | $46,082 | $50,775 | $55,468 | $58,283 |
| Vandalia | $79,119 | $101,610 | $130,785 | $176,725 | $249,083 |
| Verona | $55,350 | $68,832 | $84,590 | $97,462 | $144,702 |
| Washingtn Twp | N/A | N/A | N/A | N/A | N/A |
| Washington Township | $125,138 | $139,820 | $163,240 | $180,800 | $194,402 |
| Waynesville | $328,520 | $328,520 | $328,520 | $328,520 | $328,520 |
| West Alexandria | $88,695 | $106,280 | $133,485 | $172,655 | $193,520 |
| West Carrollton | N/A | N/A | N/A | N/A | N/A |
| West Milton | $35,610 | $35,610 | $35,610 | $35,610 | $35,610 |
| Xenia | $21,701 | $28,528 | $39,905 | $51,282 | $58,109 |
| Yellow Springs | $8,060 | $8,060 | $8,060 | $8,060 | $8,060 |
| Youngstown | $14,675 | $26,098 | $45,135 | $64,172 | $75,595 |
Source: Ownwell
Property Tax Bills Across Montgomery County, Ohio
In Montgomery County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, if the median home price is $98,910, and the assessed value is a fraction of this amount, the resulting figure is used to compute the tax bill. Several factors influence the tax bill, including property location, home improvements, and changes in the local tax rate. Homeowners in Montgomery County can expect a wide range of tax bills. The 25th percentile of tax bills is around $1,447, while the 75th percentile reaches $4,046, and the 90th percentile can go as high as $6,066. This variability means that while some homeowners pay relatively low taxes, others face significantly higher bills. Comparatively, the national median property tax rate is 0.99%, making Montgomery County's rates a crucial consideration for current and prospective homeowners.
Average Montgomery County Tax Bill
$2,435
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Montgomery County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beavercreek | $1,574 | $2,129 | $3,016 | $3,422 | $3,800 |
| Bellbrook | $918 | $918 | $918 | $918 | $918 |
| Brandon | $3,144 | $3,144 | $3,144 | $3,144 | $3,144 |
| Brookville | $1,420 | $2,037 | $2,871 | $4,242 | $5,684 |
| Buffalo | $1,016 | $1,016 | $1,016 | $1,016 | $1,016 |
| Carlisle | $1,419 | $1,627 | $1,888 | $2,139 | $2,316 |
| Cedarville | $3,201 | $3,201 | $3,201 | $3,201 | $3,201 |
| Celina | $5,278 | $5,278 | $5,278 | $5,278 | $5,278 |
| Centerville | $122 | $3,225 | $4,062 | $4,684 | $6,292 |
| Christiansburg | $3,795 | $3,795 | $3,795 | $3,795 | $3,795 |
| Cincinnati | $1,446 | $1,773 | $2,581 | $3,508 | $5,586 |
| Clayton | $1,775 | $2,572 | $3,436 | $5,075 | $7,550 |
| Crescent City | $1,101 | $1,101 | $1,101 | $1,101 | $1,101 |
| Dallas | $728 | $850 | $1,052 | $1,255 | $1,377 |
| Dayton | $743 | $1,273 | $2,201 | $3,800 | $5,841 |
| Detroit | $4,849 | $4,849 | $4,849 | $4,849 | $4,849 |
| Englewood | $2,095 | $2,567 | $3,116 | $3,920 | $5,186 |
| Fairborn | $4,054 | $4,054 | $4,054 | $4,054 | $4,054 |
| Farmersville | $1,588 | $2,105 | $3,006 | $4,275 | $5,493 |
| Fletcher | $2,263 | $2,263 | $2,263 | $2,263 | $2,263 |
| Franklin | $1,563 | $1,937 | $2,283 | $2,772 | $5,061 |
| Germantown | $1,015 | $1,386 | $2,193 | $3,541 | $5,243 |
| Houghton | $573 | $667 | $825 | $982 | $1,077 |
| Huber Heights | $263 | $1,292 | $3,359 | $5,378 | $6,170 |
| Jefferson | $660 | $660 | $660 | $660 | $660 |
| Kettering | $150 | $1,946 | $2,848 | $4,425 | $5,177 |
| Kettlersville | $4,467 | $4,467 | $4,467 | $4,467 | $4,467 |
| Lewisburg | $2,630 | $3,127 | $3,906 | $4,606 | $4,865 |
| Mason | $1,753 | $1,753 | $1,753 | $1,753 | $1,753 |
| Miamisburg | $1,539 | $2,352 | $3,702 | $5,138 | $6,504 |
| Middletown | $893 | $2,715 | $3,395 | $4,881 | $5,851 |
| Moraine | $814 | $1,196 | $1,646 | $2,098 | $2,728 |
| Newark | $10,436 | $10,436 | $10,436 | $10,436 | $10,436 |
| New Carlisle | $2,863 | $3,943 | $4,567 | $5,256 | $6,274 |
| New Lebanon | $1,143 | $1,598 | $2,071 | $2,599 | $3,514 |
| New Madison | $2,533 | $2,533 | $2,533 | $2,533 | $2,533 |
| Oakwood | $4,618 | $5,710 | $7,481 | $10,422 | $14,478 |
| Oklahoma City | $2,004 | $2,004 | $2,004 | $2,004 | $2,004 |
| Palatine | $2,383 | $3,385 | $5,055 | $6,724 | $7,726 |
| Phillipsburg | $1,539 | $2,143 | $2,638 | $3,116 | $3,584 |
| Piqua | $2,651 | $2,651 | $2,651 | $2,651 | $2,651 |
| Riverside | $439 | $1,249 | $1,861 | $2,338 | $3,802 |
| Roanoke | $3,756 | $3,756 | $3,756 | $3,756 | $3,756 |
| Springboro | $3,199 | $3,695 | $4,120 | $4,596 | $5,034 |
| Springfield | $1,537 | $1,537 | $1,537 | $1,537 | $1,537 |
| Tipp City | $2,465 | $3,544 | $5,227 | $8,018 | $9,448 |
| Trotwood | $700 | $1,169 | $1,580 | $1,967 | $2,565 |
| Troy | $6,292 | $6,292 | $6,292 | $6,292 | $6,292 |
| Union | $2,332 | $3,241 | $4,739 | $6,500 | $7,695 |
| Union City | $1,194 | $1,269 | $1,394 | $1,518 | $1,593 |
| Vandalia | $1,692 | $2,196 | $2,865 | $3,935 | $5,696 |
| Verona | $1,288 | $1,470 | $1,948 | $2,361 | $3,261 |
| Washingtn Twp | N/A | N/A | N/A | N/A | N/A |
| Washington Township | $3,061 | $3,502 | $4,011 | $4,594 | $4,841 |
| Waynesville | $9,024 | $9,024 | $9,024 | $9,024 | $9,024 |
| West Alexandria | $1,201 | $1,435 | $1,879 | $2,968 | $3,944 |
| West Carrollton | N/A | N/A | N/A | N/A | N/A |
| West Milton | $1,542 | $1,542 | $1,542 | $1,542 | $1,542 |
| Xenia | $405 | $499 | $655 | $812 | $906 |
| Yellow Springs | $962 | $962 | $962 | $962 | $962 |
| Youngstown | $406 | $719 | $1,240 | $1,761 | $2,074 |
Source: Ownwell
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