44643 Property Tax Rate

Property owners in ZIP code 44643 (Magnolia, Ohio) pay a median of $2,296/year in property taxes on homes valued at $164,100. This translates to an effective tax rate of 1.40%, which is 13% above the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 44643 is approximately $191, which factors into escrow payments on mortgages. This ZIP code is located within Carroll County.

Compared to similar ZIP codes in Ohio, 44643 has lower property taxes. ZIP codes with similar effective rates include 45673 (1.40%) and 44055 (1.40%).

In Magnolia, property taxes represent approximately 3.6% of the median household income of $62,981, providing context for the relative tax burden on homeowners in this area.

Carroll County operates under Ohio's triennial reassessment cycle, with the county auditor reviewing property values every three years on a scheduled basis. Primary residence owners automatically qualify for the 2.5% Owner-Occupancy Credit, and seniors 65+ and disabled homeowners can claim the Homestead Exemption to reduce assessed value — submit the exemption application to the Carroll County Auditor's office as soon as possible after purchase. Contact the Carroll County Auditor at (330) 627-2350 to determine your revaluation year and request the Homestead Exemption form, which provides ongoing relief for eligible homeowners.