43943 Property Tax Rate

Property owners in ZIP code 43943 (Rayland, Ohio) pay a median of $884/year in property taxes on homes valued at $112,700. This translates to an effective tax rate of 0.78%, which is 37% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 43943 is approximately $74, which factors into escrow payments on mortgages. This ZIP code is located within Jefferson County. This is $1,420 less than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 43943 has lower property taxes. ZIP codes with similar effective rates include 45848 (0.79%) and 45715 (0.79%).

In Rayland, property taxes represent approximately 1.8% of the median household income of $49,569, providing context for the relative tax burden on homeowners in this area.

Jefferson County reassesses all properties every three years according to Ohio law, with the county auditor conducting revaluations on a three-year rotating schedule. All primary residence owners receive a 2.5% Owner-Occupancy Credit on property taxes, and homeowners 65+ or with disabilities can file for the Homestead Exemption to reduce assessed value — apply with the Jefferson County Auditor's office immediately after closing. The Jefferson County Auditor (740) 283-8500 will confirm your next reassessment year and help you file the Homestead Exemption, which can significantly lower your annual tax liability.