43762 Property Tax Rate

Property owners in ZIP code 43762 (New Concord, Ohio) pay a median of $2,184/year in property taxes on homes valued at $223,200. This translates to an effective tax rate of 0.98%, which is 21% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43762 is approximately $182, which factors into escrow payments on mortgages. This ZIP code is located within Muskingum County.

Compared to similar ZIP codes in Ohio, 43762 has higher property taxes. ZIP codes with similar effective rates include 43440 (0.98%) and 45871 (0.98%).

In New Concord, property taxes represent approximately 2.8% of the median household income of $78,854, providing context for the relative tax burden on homeowners in this area.

Muskingum County reassesses all property values every three years on a schedule set by the county auditor; determine your property's revaluation year at purchase to plan for potential assessed value changes. The 2.5% Owner-Occupancy Credit applies automatically to all primary residences, and homeowners 65+ or disabled can claim the Homestead Exemption to reduce taxable assessed value — submit the exemption to the Muskingum County Auditor's office right after closing. Contact the Muskingum County Auditor at (740) 452-3637 to identify your revaluation year and obtain the Homestead Exemption application.