Youngstown, Montgomery County, Ohio Property Taxes
Median Youngstown, OH effective property tax rate: 2.77%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Youngstown, OH home value: $45,135
Median annual Youngstown, OH tax bill: $1,240, $1,160 lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Youngstown, 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 Youngstown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Youngstown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Youngstown, Montgomery County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.77%
Estimate Property Tax Bill
$1,250
$1,160
Property Tax Rates Across Youngstown, Montgomery County, Ohio
Local government entities in Youngstown set tax rates, which can vary widely within Ohio. Each year, Mahoning County estimates its budget needs for providing essential services and divides this by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
Youngstown's effective property tax rate is 1.94%, which is significantly higher than the national median of 1.02%. However, it is lower than the Ohio state median property tax rate of 1.62%. Compared to other cities in Ohio, Youngstown's rate is relatively moderate, providing a balanced tax environment for property owners. The median property tax bill in Youngstown is $2,312, slightly below the national median of $2,400, offering some relief to homeowners.
Understanding these rates can help property owners in Youngstown make informed decisions about their investments and potential tax appeals. By comparing Youngstown's rates to those in other cities in Ohio and across the U.S., residents can better assess their property tax situation.
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 Youngstown Tax Rate
2.77%
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 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 Youngstown, Montgomery County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44514 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Youngstown, Montgomery County, Ohio
When examining property taxes in Youngstown, 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 Auditor 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 Youngstown. For example, the median home price in Youngstown is $45,135, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Youngstown, Montgomery County, Ohio
Source: Ownwell
$4,930
$124,385
$243,840
Median Youngstown Market Value
$45,135
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 Youngstown, Montgomery County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44514 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Youngstown, Montgomery County, Ohio
In Youngstown, property tax bills are calculated based on the assessed value of a home, which is determined by the county. The assessed value is a percentage of the market value, and the property tax rate is applied to this assessed value to determine the tax bill. With a median home price of $45,135, homeowners in Youngstown face a property tax bill that can range significantly. The 25th percentile tax bill is $719, while the 75th percentile reaches $1,761, and the 90th percentile can be as high as $2,074. These figures highlight the variability in tax bills, which can be influenced by factors such as property location, improvements, and changes in market conditions.
Given that the national median property tax bill is $2,400, many homeowners in Youngstown may find themselves paying less than the national average. However, for those facing higher bills, Ownwell offers valuable assistance. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they only pay their fair share.
Median Youngstown Tax Bill
$1,240
Median Montgomery County Tax Bill
$2,435
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Youngstown, Montgomery County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44514 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell