45893 Property Tax Rate

Property owners in ZIP code 45893 (Vaughnsville, Ohio) pay a median of $1,067/year in property taxes on homes valued at $104,000. This translates to an effective tax rate of 1.03%, which is 17% below the Ohio state average of 1.24%.

The monthly property tax burden for a median-valued home in 45893 is approximately $89, which factors into escrow payments on mortgages. This ZIP code is located within Putnam County. This is $1,237 less than the Ohio average of $2,304/year.

Compared to similar ZIP codes in Ohio, 45893 has lower property taxes. ZIP codes with similar effective rates include 43783 (1.03%) and 43772 (1.03%).

In Vaughnsville, property taxes represent approximately 1.8% of the median household income of $60,208, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 45893, 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 Putnam County's tax assessor directly.