Dayton, Montgomery County, Ohio Property Taxes

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

Median Dayton, OH effective property tax rate: 2.62%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Dayton, OH home value: $87,660
Median annual Dayton, OH tax bill: $2,201, $199 lower than the national median property tax bill of $2,400.

How are property taxes in Montgomery 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, Montgomery County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.62%

Estimate Property Tax Bill

$2,297

$2,131

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 Montgomery County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Dayton, Montgomery County, Ohio

Local government entities set tax rates, which can vary widely within a state. 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.

Dayton in Montgomery County, Ohio, presents an interesting case study in property tax rates. The city's effective property tax rate is notably higher than both the state and national medians. Ohio's median property tax rate is considerably above the national median of 1.02%, reflecting the state's reliance on property taxes to fund local services. Within Dayton, there is a significant range in property tax rates, with some areas experiencing rates as high as 3.27% in certain zip codes, while others are as low as 2.26%. This variability underscores the importance of understanding your specific area's tax obligations. By comparing Dayton's effective property tax rate to other cities in Ohio and the national median, property owners can better appreciate the local tax landscape and explore potential savings through appeals or exemptions.

Property Tax Rates Across Dayton, Montgomery County, Ohio

Source: Ownwell

1.27%

2.33%

3.39%

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

2.62%

Median Effective Montgomery County Tax Rate

2.62%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dayton, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45402	1.42%	2.60%	2.71%	3.11%	6.13%
45403	1.51%	2.55%	2.62%	2.68%	2.84%
45404	1.26%	2.25%	2.56%	2.75%	2.97%
45405	2.02%	2.58%	2.69%	3.50%	3.83%
45406	1.38%	2.54%	2.62%	2.72%	3.63%
45408	1.42%	2.61%	2.75%	2.79%	2.98%
45409	2.03%	2.60%	2.75%	2.79%	2.88%
45410	1.81%	2.54%	2.59%	2.63%	2.71%
45414	2.04%	2.53%	2.73%	3.72%	3.90%
45415	2.19%	2.64%	2.67%	3.44%	3.52%
45416	1.56%	2.86%	2.98%	3.65%	3.98%
45417	1.13%	2.57%	2.70%	3.10%	4.55%
45418	1.69%	2.60%	2.71%	2.85%	3.58%
45419	2.06%	2.53%	2.74%	2.78%	2.83%
45420	1.82%	2.54%	2.61%	2.77%	2.83%
45424	1.80%	2.27%	2.29%	2.35%	2.46%
45426	1.92%	2.67%	2.93%	3.00%	3.15%
45427	2.41%	2.72%	3.27%	3.46%	4.54%
45429	2.16%	2.54%	2.74%	2.78%	2.82%
45431	1.55%	2.21%	2.26%	2.32%	2.41%
45432	1.70%	2.39%	2.50%	2.54%	2.61%
45439	1.98%	2.43%	2.87%	3.21%	3.26%
45440	2.07%	2.41%	2.74%	2.74%	2.80%
45449	2.02%	2.68%	2.75%	2.95%	3.11%
45458	2.37%	2.56%	2.72%	2.74%	2.78%
45459	2.24%	2.56%	2.58%	2.73%	2.87%
45407	N/A	N/A	N/A	N/A	N/A
45412	N/A	N/A	N/A	N/A	N/A
45413	N/A	N/A	N/A	N/A	N/A
45422	N/A	N/A	N/A	N/A	N/A
45435	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Dayton, Montgomery 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 Montgomery 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 Montgomery 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 $87,660, with tax bills ranging significantly across the county. Zip code 45458 has the highest median home price at $238,950.

Property Tax Assessment Values Across Dayton, Montgomery County, Ohio

Source: Ownwell

$4,930

$124,385

$243,840

Median Dayton Market Value

$87,660

Median Montgomery County Market Value

$98,910

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dayton, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45402	$15,278	$23,830	$32,320	$50,910	$119,980
45403	$18,600	$28,690	$44,070	$58,255	$73,320
45404	$21,400	$30,332	$40,110	$55,085	$79,316
45405	$18,990	$29,320	$38,345	$51,788	$83,118
45406	$25,200	$34,220	$44,930	$60,370	$77,090
45408	$2,610	$5,330	$15,990	$40,410	$43,040
45409	$64,332	$83,120	$119,840	$168,670	$236,678
45410	$31,266	$50,875	$65,100	$77,080	$94,996
45414	$28,710	$42,870	$86,060	$151,310	$225,629
45415	$60,985	$85,900	$114,965	$142,758	$176,954
45416	$29,200	$33,080	$37,550	$58,450	$77,280
45417	$13,620	$21,290	$30,400	$44,442	$71,307
45418	$19,546	$24,400	$59,340	$105,180	$137,720
45419	$75,855	$99,090	$116,775	$139,062	$201,774
45420	$58,850	$69,170	$81,070	$100,180	$130,800
45424	$79,240	$92,332	$115,430	$151,985	$192,752
45426	$40,310	$56,070	$75,170	$92,905	$115,736
45427	$1,844	$2,650	$4,930	$22,470	$41,572
45429	$98,740	$120,662	$154,780	$203,398	$282,890
45431	$42,602	$65,060	$77,260	$90,795	$131,620
45432	$63,992	$70,470	$78,100	$90,635	$119,286
45439	$32,442	$79,545	$86,050	$104,740	$140,244
45440	$83,734	$147,242	$175,185	$193,752	$216,031
45449	$48,320	$71,540	$102,340	$134,820	$154,180
45458	$92,336	$167,128	$238,950	$321,778	$427,753
45459	$82,428	$146,810	$204,010	$252,125	$317,530
45407	N/A	N/A	N/A	N/A	N/A
45412	N/A	N/A	N/A	N/A	N/A
45413	N/A	N/A	N/A	N/A	N/A
45422	N/A	N/A	N/A	N/A	N/A
45435	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Dayton, Montgomery County, Ohio

In Dayton, Montgomery 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. Homeowners in Dayton experience a range of tax bills, with the 25th percentile at $1,273 and the 75th percentile reaching $3,800. Notably, the highest median tax bill in the area is $6,300, while some homeowners pay as low as $140. These figures highlight the variability in tax bills, which can significantly impact homeowners' finances. Comparing these to the national median property tax rate of 1.02% and the median tax bill of $2,400, Dayton's tax environment presents both challenges and opportunities for savings. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property values and ensuring accurate assessments, Ownwell helps homeowners in Dayton save money and gain peace of mind.

Property Tax Bills Across Dayton, Montgomery County, Ohio

Source: Ownwell

$140

$3,884

$7,628

Median Dayton Tax Bill

$2,201

Median Montgomery County Tax Bill

$2,435

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Dayton, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45402	$352	$672	$1,013	$1,731	$3,332
45403	$452	$719	$1,084	$1,479	$1,894
45404	$393	$722	$1,000	$1,343	$1,917
45405	$503	$774	$1,073	$1,640	$2,597
45406	$533	$867	$1,161	$1,561	$2,061
45408	$68	$119	$407	$1,149	$1,245
45409	$1,543	$2,104	$3,124	$4,336	$6,228
45410	$769	$1,200	$1,619	$1,959	$2,410
45414	$859	$1,451	$2,445	$4,078	$5,846
45415	$1,639	$2,457	$3,230	$3,989	$4,878
45416	$582	$991	$1,272	$1,664	$2,248
45417	$260	$562	$859	$1,297	$1,995
45418	$398	$781	$1,621	$2,818	$3,383
45419	$1,855	$2,477	$3,028	$3,640	$5,221
45420	$1,329	$1,669	$2,089	$2,601	$3,486
45424	$1,543	$2,040	$2,540	$3,439	$4,473
45426	$1,014	$1,499	$2,027	$2,655	$3,356
45427	$58	$73	$140	$407	$1,016
45429	$2,330	$3,092	$4,049	$5,316	$7,381
45431	$871	$1,303	$1,686	$2,017	$2,765
45432	$1,240	$1,632	$1,898	$2,198	$2,832
45439	$1,184	$2,083	$2,654	$3,019	$3,924
45440	$1,525	$3,103	$4,456	$5,150	$5,786
45449	$1,202	$1,849	$2,630	$3,700	$4,436
45458	$2,435	$4,222	$6,300	$8,691	$11,634
45459	$1,964	$3,703	$5,205	$6,600	$8,395
45407	N/A	N/A	N/A	N/A	N/A
45412	N/A	N/A	N/A	N/A	N/A
45413	N/A	N/A	N/A	N/A	N/A
45422	N/A	N/A	N/A	N/A	N/A
45435	N/A	N/A	N/A	N/A	N/A

Source: Ownwell