44687 Property Tax Rate

Property owners in ZIP code 44687 (Walnut Creek, Ohio) pay a median of $2,857/year in property taxes on homes valued at $322,900. This translates to an effective tax rate of 0.88%, which is 29% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 44687 is approximately $238, which factors into escrow payments on mortgages. This ZIP code is located within Holmes County. This is $553 more than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 44687 has higher property taxes. ZIP codes with similar effective rates include 44634 (0.89%) and 45828 (0.88%).

Holmes County reassesses properties every three years under Ohio law; the county auditor manages the revaluation cycle, so verify your property's next reassessment year at purchase. Primary residence owners automatically receive a 2.5% Owner-Occupancy Credit, and homeowners 65+ or disabled can claim the Homestead Exemption to reduce assessed value — file the exemption with the Holmes County Auditor's office immediately after your purchase closes. Contact the Holmes County Auditor at (330) 674-3566 to confirm your triennial revaluation date and submit the Homestead Exemption application, which can reduce your tax bill by hundreds of dollars.