43402 Property Tax Rate

Property owners in ZIP code 43402 (Bowling Green, Ohio) pay a median of $2,730/year in property taxes on homes valued at $230,500. This translates to an effective tax rate of 1.18%, which is 4% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43402 is approximately $228, which factors into escrow payments on mortgages. This ZIP code is located within Wood County. This is $426 more than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 43402 has lower property taxes. ZIP codes with similar effective rates include 44104 (1.18%) and 44613 (1.19%).

In Bowling Green, property taxes represent approximately 4.9% of the median household income of $56,245, 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. Wood County homeowners receive a 2.5% Owner-Occupancy Credit on primary residences (approximately $64 annual savings on the median home), and seniors 65+ or disabled can claim the Homestead Exemption for additional tax relief. Contact the Wood County Auditor before your first tax bill to register your homestead status and activate both credits.