43845 Property Tax Rate

Property owners in ZIP code 43845 (West Lafayette, Ohio) pay a median of $1,446/year in property taxes on homes valued at $124,900. This translates to an effective tax rate of 1.16%, which is 7% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43845 is approximately $121, which factors into escrow payments on mortgages. This ZIP code is located within Coshocton County. This is $858 less than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 43845 has lower property taxes. ZIP codes with similar effective rates include 43740 (1.16%) and 45820 (1.16%).

In West Lafayette, property taxes represent approximately 2.7% of the median household income of $53,864, providing context for the relative tax burden on homeowners in this area.

Ohio reassesses property at each sale, with the county auditor conducting triennial revaluations for existing owners; your purchase price becomes the new assessed value. Coshocton County homeowners age 65+ or disabled qualify for the Homestead Exemption, and all primary residences receive a 2.5% Owner-Occupancy Credit reducing your effective tax rate. File your homestead application with the Coshocton County Auditor within 30 days of closing to lock in the credit on your first tax bill.