43022 Property Tax Rate

Property owners in ZIP code 43022 (Gambier, Ohio) pay a median of $3,309/year in property taxes on homes valued at $281,600. This translates to an effective tax rate of 1.18%, which is 5% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43022 is approximately $276, which factors into escrow payments on mortgages. This ZIP code is located within Knox County. This is $1,005 more than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 43022 has higher property taxes. ZIP codes with similar effective rates include 44280 (1.18%) and 44255 (1.17%).

In Gambier, property taxes represent approximately 3.8% of the median household income of $87,717, 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.