43543 Property Tax Rate

Property owners in ZIP code 43543 (Montpelier, Ohio) pay a median of $1,393/year in property taxes on homes valued at $130,100. This translates to an effective tax rate of 1.07%, which is 14% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43543 is approximately $116, which factors into escrow payments on mortgages. This ZIP code is located within Williams County. This is $911 less than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 43543 has higher property taxes. ZIP codes with similar effective rates include 45318 (1.07%) and 45388 (1.07%).

In Montpelier, property taxes represent approximately 2.3% of the median household income of $60,685, providing context for the relative tax burden on homeowners in this area.

Williams County operates under Ohio's triennial reassessment system, meaning your assessed value will be reviewed every three years by the county auditor on a scheduled rotation. All homebuyers claiming primary residence status automatically qualify for the 2.5% Owner-Occupancy Credit; seniors 65+ and disabled owners can file for the Homestead Exemption to eliminate assessed value on a portion of the home — submit applications to the Williams County Auditor's office right after closing. Contact the Williams County Auditor at (419) 636-4429 to determine your next reassessment date and request an exemption application packet.