Preble County, Ohio Property Taxes

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

Median Preble County effective property tax rate: 1.43%, significantly higher than the national median of 1.02%.
Median Preble County home value: $108,300
Median annual Preble County tax bill: $1,629, $771 lower than the national median property tax bill of $2,400.

How are property taxes in Preble County calculated?

Property taxes in Preble County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Eaton or another part of Preble County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Preble County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.43%

Estimate Property Tax Bill

$1,549

$1,437

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

Property Tax Rates Across Preble County, Ohio

Local government entities in Ohio set tax rates, which can vary widely within the state. Each year, counties like Preble estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is essentially the annual process.

Comparatively, Preble County's effective property tax rate is 1.43%, which is above the national median property tax rate of 1.02%. Within Ohio, Preble County's rate is lower than the highest median tax rate found in Verona at 2.04% but higher than the lowest in Germantown at 1.22%. With the national median property tax bill at $2400, understanding these differences is crucial for property owners in Preble County. By comparing these figures, property owners can make informed decisions about their property tax obligations and explore potential savings through appeals and exemptions.

Property Tax Rates Across Preble County, Ohio

Source: Ownwell

1.22%

1.63%

2.04%

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 Preble County Tax Rate

1.43%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Preble County, Ohio

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Arcanum	1.37%	1.57%	1.59%	1.62%	1.64%
Brookville	0.87%	1.33%	1.60%	1.62%	1.75%
Camden	0.82%	1.14%	1.33%	1.46%	1.61%
College Corner	0.84%	1.12%	1.29%	1.55%	1.68%
Eldorado	0.81%	1.22%	1.52%	1.60%	1.68%
Germantown	0.70%	0.96%	1.22%	1.25%	1.35%
Gratis	1.01%	1.28%	1.32%	1.35%	1.43%
Lewisburg	0.95%	1.37%	1.60%	1.81%	1.89%
Middletown	0.88%	1.10%	1.24%	1.28%	1.34%
New Paris	0.89%	1.19%	1.40%	1.64%	1.79%
Somerville	0.88%	1.07%	1.24%	1.29%	1.46%
Verona	1.43%	1.96%	2.04%	2.15%	2.38%
West Alexandria	0.87%	1.15%	1.31%	1.49%	1.66%
West Elkton	1.06%	1.18%	1.29%	1.68%	3.28%
West Manchester	0.88%	1.24%	1.47%	1.65%	1.76%
Eaton	N/A	N/A	N/A	N/A	N/A
Farmersville	N/A	N/A	N/A	N/A	N/A
Oxford	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Preble County, Ohio

When examining property taxes in Preble County, 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 Preble 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. Assessment notices: In Preble 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 Preble County. For example, the median tax bill in Preble County is $1,094, with tax bills ranging significantly across the county. Germantown has the highest median home price at $152,700.

Property Tax Assessment Values Across Preble County, Ohio

Source: Ownwell

$54,400

$103,550

$152,700

Median Preble County Market Value

$108,300

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Preble County, Ohio

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Arcanum	$83,900	$107,275	$143,850	$190,675	$279,550
Brookville	$51,940	$109,775	$132,250	$166,475	$223,060
Camden	$4,900	$32,700	$96,400	$170,300	$265,670
College Corner	$32,280	$67,075	$98,400	$167,875	$285,110
Eldorado	$35,100	$58,450	$89,400	$129,682	$341,025
Germantown	$58,860	$79,000	$152,700	$208,800	$287,392
Gratis	$40,950	$74,500	$89,000	$107,425	$131,090
Lewisburg	$48,850	$88,175	$129,700	$189,772	$305,095
Middletown	$53,140	$95,800	$131,000	$180,300	$266,518
New Paris	$19,160	$49,400	$90,600	$153,500	$252,060
Somerville	$27,700	$90,150	$131,800	$184,900	$275,400
Verona	$23,310	$42,975	$65,700	$87,175	$104,790
West Alexandria	$51,220	$82,800	$120,000	$184,450	$282,560
West Elkton	$11,840	$30,750	$54,400	$84,550	$121,100
West Manchester	$41,960	$66,100	$92,600	$142,775	$273,242
Eaton	N/A	N/A	N/A	N/A	N/A
Farmersville	N/A	N/A	N/A	N/A	N/A
Oxford	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Preble County, Ohio

In Preble County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the tax bill. The tax rate can vary depending on the specific location within the county and any additional levies that may apply. Homeowners in Preble County experience a range of tax bills, with the 25th percentile at $1,094 and the 75th percentile reaching $2,288. The 90th percentile tax bill can go as high as $3,153. The median home price in Preble County is $108,300, which impacts the overall tax burden. Compared to the national median property tax bill of $2,400, Preble County's tax bills can be higher or lower depending on the specific property and location. For instance, Arcanum has the highest median tax bill at $2,285, while West Elkton has the lowest at $789. These variations can significantly affect homeowners' financial planning and budgeting.

Property Tax Bills Across Preble County, Ohio

Source: Ownwell

$789

$1,537

$2,285

Median Preble County Tax Bill

$1,629

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Preble County, Ohio

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Arcanum	$1,247	$1,733	$2,285	$2,813	$3,845
Brookville	$996	$1,629	$1,857	$2,131	$3,207
Camden	$89	$573	$1,274	$1,985	$2,766
College Corner	$533	$932	$1,359	$2,002	$2,688
Eldorado	$584	$891	$1,321	$1,837	$2,977
Germantown	$745	$878	$1,660	$2,287	$2,846
Gratis	$590	$909	$1,155	$1,371	$1,677
Lewisburg	$944	$1,474	$2,064	$2,764	$3,651
Middletown	$695	$1,209	$1,579	$2,165	$2,641
New Paris	$323	$782	$1,314	$1,961	$2,694
Somerville	$483	$1,123	$1,588	$2,111	$2,727
Verona	$572	$934	$1,320	$1,756	$2,139
West Alexandria	$770	$1,176	$1,650	$2,214	$2,949
West Elkton	$163	$502	$789	$1,471	$2,095
West Manchester	$737	$1,040	$1,378	$1,964	$2,976
Eaton	N/A	N/A	N/A	N/A	N/A
Farmersville	N/A	N/A	N/A	N/A	N/A
Oxford	N/A	N/A	N/A	N/A	N/A

Source: Ownwell