43438 Property Tax Rate

Property owners in ZIP code 43438 (Kelleys Island, Ohio) pay a median of $2,476/year in property taxes on homes valued at $333,300. This translates to an effective tax rate of 0.74%, which is 40% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43438 is approximately $206, which factors into escrow payments on mortgages. This ZIP code is located within Erie County.

Compared to similar ZIP codes in Ohio, 43438 has lower property taxes. ZIP codes with similar effective rates include 44640 (0.74%) and 45362 (0.74%).

In Kelleys Island, property taxes represent approximately 2.7% of the median household income of $91,875, providing context for the relative tax burden on homeowners in this area.

Erie County reassesses properties on a three-year cycle managed by the county auditor; verify your property's revaluation schedule at purchase to understand when your assessed value may change. All Ohio primary residence owners receive a 2.5% Owner-Occupancy Credit automatically, and homeowners 65+ or with disabilities can claim the Homestead Exemption for additional tax relief — submit the exemption application to the Erie County Auditor's office within 30 days of closing. Call the Erie County Auditor at (419) 627-7732 to confirm your triennial revaluation year and obtain the Homestead Exemption form.