45864 Property Tax Rate

Property owners in ZIP code 45864 (Miller City, Ohio) pay a median of $1,450/year in property taxes on homes valued at $164,100. 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 45864 is approximately $121, which factors into escrow payments on mortgages. This ZIP code is located within Putnam County. This is $854 less than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 45864 has higher property taxes. ZIP codes with similar effective rates include 43341 (0.88%) and 43948 (0.88%).

In Miller City, property taxes represent approximately 1.9% of the median household income of $76,250, providing context for the relative tax burden on homeowners in this area.

Ohio reassesses property through a triennial cycle administered by the county auditor, with your purchase triggering a new assessment at market value. Putnam County provides a 2.5% Owner-Occupancy Credit for primary residences and Homestead Exemption programs for seniors 65+ and disabled residents — apply for both with the Putnam County Auditor right after closing to reduce your tax bill. Request a confirmation letter from the Putnam County Auditor documenting your exemption status and the effective date.