45417 Property Tax Rate

Property owners in ZIP code 45417 (Dayton, Ohio) pay a median of $1,197/year in property taxes on homes valued at $73,000. This translates to an effective tax rate of 1.64%, which is 32% above the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 45417 is approximately $100, which factors into escrow payments on mortgages. This ZIP code is located within Montgomery County. This is $1,107 less than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 45417 has lower property taxes. ZIP codes with similar effective rates include 45244 (1.64%) and 44077 (1.64%).

In Dayton, property taxes represent approximately 3.4% of the median household income of $35,027, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 45417, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Montgomery County's tax assessor directly.