Tallmadge, Portage County, Ohio Property Taxes

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

Median TALLMADGE, OH effective property tax rate: 1.96%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median TALLMADGE, OH home value: $223,600
Median annual TALLMADGE, OH tax bill: $4,359, $1,959 higher than the national median property tax bill of $2,400.

How are property taxes in Portage calculated?

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

Last Updated March 1, 2025

Tallmadge, Portage County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.96%

Estimate Property Tax Bill

$4,383

$4,067

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

Property Tax Rates Across Tallmadge, Portage County, Ohio

Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually calculates its budgetary needs for services and divides that by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.

In TALLMADGE, located in Portage County, OH, the effective property tax rate is 1.96%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to other cities in Ohio, TALLMADGE's tax rate is among the highest within the state. This can lead to a higher property tax bill for homeowners in TALLMADGE, as the national median property tax bill is $2,400. Understanding these local variations is crucial for property owners seeking to manage their tax liabilities effectively. By appealing their property assessments or exploring exemptions, residents can potentially reduce their tax burden.

Property Tax Rates Across Tallmadge, Portage County, Ohio

Source: Ownwell

1.36%

1.67%

1.98%

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 Tallmadge Tax Rate

1.96%

Median Effective Portage County Tax Rate

1.68%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tallmadge, Portage County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44278	1.79%	1.96%	1.96%	2.06%	2.09%

Source: Ownwell

Property Tax Assessment Values Across Tallmadge, Portage County, Ohio

When examining property taxes in Tallmadge, 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 Portage 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 Portage County, 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 Tallmadge.

For example, the median home price in Tallmadge is $223,600, with tax bills ranging significantly across the county. Zip code 44278 has the highest median home price at $223,600.

Property Tax Assessment Values Across Tallmadge, Portage County, Ohio

Source: Ownwell

$80,400

$180,950

$281,500

Median Tallmadge Market Value

$223,600

Median Portage County Market Value

$162,300

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tallmadge, Portage County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44278	$151,600	$187,400	$223,600	$250,500	$270,380

Source: Ownwell

Property Tax Bills Across Tallmadge, Portage County, Ohio

In TALLMADGE, property tax bills are calculated based on assessed property values, which are determined by the Portage County Auditor. The property tax rate is applied to this assessed value to calculate the annual tax bill. Homeowners in TALLMADGE face a median property tax bill of $4,359, which is significantly higher than the national median of $2,400. This discrepancy can be attributed to the local tax rate and the assessed value of properties in the area. Factors that influence the tax bill include the property's market value, any applicable exemptions, and the local tax rate. High property tax bills can place a financial burden on homeowners, making it essential to explore ways to reduce these costs. Ownwell offers a solution by helping homeowners appeal their property assessments and identify potential exemptions, which can lead to substantial savings. By leveraging expert knowledge and experience, Ownwell can assist homeowners in TALLMADGE in lowering their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Tallmadge, Portage County, Ohio

Source: Ownwell

$1,150

$2,970

$4,790

Median Tallmadge Tax Bill

$4,359

Median Portage County Tax Bill

$2,735

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Tallmadge, Portage County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44278	$2,963	$3,678	$4,359	$4,862	$5,349

Source: Ownwell