43359 Property Tax Rate

Property owners in ZIP code 43359 (Wharton, Ohio) pay a median of $825/year in property taxes on homes valued at $169,500. This translates to an effective tax rate of 0.49%, which is 61% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43359 is approximately $69, which factors into escrow payments on mortgages. This ZIP code is located within Wyandot County. This is $1,479 less than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 43359 has higher property taxes. ZIP codes with similar effective rates include 43779 (0.46%) and 44702 (0.46%).

In Wharton, property taxes represent approximately 1.3% of the median household income of $64,063, 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. Wyandot County offers a 2.5% Owner-Occupancy Credit for all primary residences (saving approximately $30 annually on the median home), plus the Homestead Exemption for seniors 65+ and disabled owners. File your homestead application with the Wyandot County Auditor within 30 days of purchase to ensure both credits are applied to your first tax bill.