Property Taxes
Ohio Real Estate Taxes
The taxable base is the assessed value of land and buildings. Assessed value is 35% of market value, except for certain agricultural land. County auditors must reappraise all real estate every six years.
The latest data available from the state (CY2004) shows the average statewide gross tax rate was 84.19 mills. "Tax reduction factors" resulted in an average statewide net rate of 55.49 mills. A new (2007) homestead exemption offers eligible homeowners, regardless of income, the opportunity to shield up to $25,000 of the market value of their homestead (a dwelling and up to one acre of land) from property taxation.
Property tax rates vary by county, township, city and/or school district.
Ohio Community INCOME Tax Rates:
The following are rates of income tax in the municipalities in the greater Dayton area (by county, in descending order):
MONTGOMERY COUNTY
Oakwood
2.5% Dayton
2.25% Trotwood
2.25% Brookville
1.75% Centerville
1.75% Englewood
1.75% Huber Heights
1.75% Kettering
1.75% Miamisburg
1.75% Vandalia
1.75% West Carrollton
1.75% Moraine
1.5% Germantown
1.25% Farmersville
1.0% New Lebanon
1.0% Phillipsburg
1.0% Riverside
1.5%
GREENE COUNTY
Xenia
1.75% Yellow Springs
1.5% Cedarville
1.0% Fairborn
1.0% Jamestown
.5%
WARREN COUNTY
Carlisle
1.5% Franklin
1.5% Springboro
1.5% Corwin
1.0% Lebanon
1.0% Mason
1.0% Morrow
1.0% South Lebanon
1.0% MIAMI COUNTY
Piqua
1.75% Troy
1.75% Covington
1.5% Bradford
1.0% Tipp City
1.0% West Milton
1.0%
