44445 Property Tax Rate

Property owners in ZIP code 44445 (New Waterford, Ohio) pay a median of $2,076/year in property taxes on homes valued at $194,300. This translates to an effective tax rate of 1.07%, which is 14% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 44445 is approximately $173, which factors into escrow payments on mortgages. This ZIP code is located within Columbiana County. This is $228 less than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 44445 has lower property taxes. ZIP codes with similar effective rates include 43334 (1.07%) and 44276 (1.07%).

In New Waterford, property taxes represent approximately 2.3% of the median household income of $90,352, providing context for the relative tax burden on homeowners in this area.

Columbiana 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 change. The 2.5% Owner-Occupancy Credit applies automatically to all primary residences, and seniors 65+ and disabled homeowners can claim the Homestead Exemption to reduce assessed value — submit the exemption application to the Columbiana County Auditor's office immediately after closing. Contact the Columbiana County Auditor at (330) 424-9545 to confirm your next reassessment year and request the Homestead Exemption form, which can reduce your tax bill significantly.