43728 Property Tax Rate

Property owners in ZIP code 43728 (Chesterhill, Ohio) pay a median of $1,027/year in property taxes on homes valued at $126,400. This translates to an effective tax rate of 0.81%, which is 34% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43728 is approximately $86, which factors into escrow payments on mortgages. This ZIP code is located within Morgan County. This is $1,277 less than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 43728 has lower property taxes. ZIP codes with similar effective rates include 45660 (0.81%) and 45745 (0.81%).

In Chesterhill, property taxes represent approximately 1.9% of the median household income of $53,304, providing context for the relative tax burden on homeowners in this area.

Morgan County operates under Ohio's triennial reassessment system, meaning property values are formally reviewed every three years by the county auditor on a scheduled basis. All primary residence owners receive a 2.5% Owner-Occupancy Credit automatically, and seniors 65+ and disabled homeowners qualify for the Homestead Exemption to lower assessed value — apply with the Morgan County Auditor's office immediately after closing to lock in the exemption. The Morgan County Auditor (740) 962-5523 will provide your revaluation year and process your Homestead Exemption application to reduce your annual tax burden.