43014 Property Tax Rate

Property owners in ZIP code 43014 (Danville, Ohio) pay a median of $2,207/year in property taxes on homes valued at $198,600. This translates to an effective tax rate of 1.11%, which is 10% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43014 is approximately $184, which factors into escrow payments on mortgages. This ZIP code is located within Knox County.

Compared to similar ZIP codes in Ohio, 43014 has higher property taxes. ZIP codes with similar effective rates include 43431 (1.11%) and 45361 (1.11%).

In Danville, property taxes represent approximately 3.5% of the median household income of $63,239, providing context for the relative tax burden on homeowners in this area.

Ohio reassesses property at each sale, with the county auditor conducting triennial revaluations for existing owners; your purchase price becomes the new assessed value. Knox County primary residences receive a 2.5% Owner-Occupancy Credit (saving roughly $86 annually on the median home), and seniors 65+ or disabled homeowners qualify for the Homestead Exemption for further tax relief. Contact the Knox County Auditor within 30 days of closing to register both credits and verify your valuation.