43788 Property Tax Rate

Property owners in ZIP code 43788 (Summerfield, Ohio) pay a median of $1,272/year in property taxes on homes valued at $147,800. This translates to an effective tax rate of 0.86%, which is 31% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43788 is approximately $106, which factors into escrow payments on mortgages. This ZIP code is located within Noble County. This is $1,032 less than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 43788 has higher property taxes. ZIP codes with similar effective rates include 43718 (0.86%) and 45682 (0.86%).

In Summerfield, property taxes represent approximately 4.3% of the median household income of $29,681, providing context for the relative tax burden on homeowners in this area.

Noble County follows Ohio's triennial reassessment process, with the county auditor revaluing properties every three years; identify your revaluation year at purchase to understand when your assessed value will be updated. All primary residence owners receive a 2.5% Owner-Occupancy Credit on their tax bill, and seniors 65+ plus disabled homeowners can claim the Homestead Exemption to lower assessed value — file the exemption with the Noble County Auditor's office as soon as possible after closing. Call the Noble County Auditor at (740) 732-2655 to determine your revaluation year and obtain the Homestead Exemption application.