Mason, Montgomery County, Ohio Property Taxes

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

Median Mason, OH effective property tax rate: 2.61%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Mason, OH home value: $67,080
Median annual Mason, OH tax bill: $1,753, $647 lower than the national median property tax bill of $2,400.

How are property taxes in Montgomery calculated?

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

Last Updated March 1, 2025

Mason, Montgomery County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.61%

Estimate Property Tax Bill

$1,751

$1,625

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

Property Tax Rates Across Mason, Montgomery County, Ohio

Local government entities set tax rates, which can vary widely within a state. 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 votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. In Mason, located in Warren County, Ohio, the effective property tax rate is 1.42%. This is higher than Ohio's median property tax rate of 1.36% but significantly lower than the national median rate of 1.02%. When looking at the median property tax bill, Mason's residents pay approximately $3,400, which is above both Ohio's median bill of $2,032 and the national median of $2,400. These figures highlight how property tax rates and bills can vary significantly, not only within a state but also compared to national averages. Understanding these differences is crucial for homeowners looking to manage their property tax liabilities effectively.

Property Tax Rates Across Mason, 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 Mason Tax Rate

2.61%

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 Mason, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45040	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Mason, Montgomery County, Ohio

When examining property taxes in Mason, 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. Assessment notices: 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 Mason. For example, the median home price in Mason is $67,080, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Mason, Montgomery County, Ohio

Source: Ownwell

$4,930

$124,385

$243,840

Median Mason Market Value

$67,080

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 Mason, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45040	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Mason, Montgomery County, Ohio

In Mason, Montgomery County, OH, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Mason is $67,080, making it an affordable option compared to the national median. However, the property tax rate can significantly impact homeowners. The tax bill at different percentiles, such as the 25th, 75th, and 90th, is consistently $1,753, which is below the national median property tax bill of $2,400. This consistency indicates a relatively stable tax environment for homeowners in Mason.

Factors influencing the property tax bill include changes in property value, local tax rates, and any applicable exemptions or deductions. Homeowners in Mason can benefit from appealing their property tax assessments to ensure they are not overpaying. Ownwell offers expert property tax appeal services, helping homeowners navigate the complexities of the tax system. By analyzing property assessments and identifying potential savings, Ownwell can assist homeowners in reducing their property tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Mason, Montgomery County, Ohio

Source: Ownwell

$140

$3,884

$7,628

Median Mason Tax Bill

$1,753

Median Montgomery County Tax Bill

$2,435

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Mason, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45040	N/A	N/A	N/A	N/A	N/A

Source: Ownwell