Toledo, OH Property Tax Rates
Compare property tax rates across 15 ZIP codes in Toledo, Ohio.
Avg Tax Rate
1.89%
Avg Annual Tax
$2,161
Avg Home Value
$113,513
ZIP Codes
15
Property Tax Overview: Toledo, OH
Toledo has 15 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 1.89%, which is 53% above the Ohio average of 1.24%. Annual property taxes range from $879 (ZIP 43604) to $2,864 (ZIP 43620).
For a home at Toledo's median value of $113,513, property taxes add approximately $179/month to housing costs. Toledo home values are below the Ohio median of $184,228, which moderates the overall monthly tax burden.
Property tax rates within Toledo vary by 1.00 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
ZIP Codes in Toledo, OH
| ZIP Code | Effective Rate | Median Tax | Median Home Value |
|---|---|---|---|
| 43604 | 1.48% | $879 | $59,300 |
| 43607 | 1.58% | $1,159 | $73,300 |
| 43611 | 1.68% | $1,978 | $117,400 |
| 43614 | 1.70% | $2,726 | $160,600 |
| 43610 | 1.73% | $1,267 | $73,400 |
| 43623 | 1.74% | $2,912 | $167,500 |
| 43606 | 1.77% | $2,930 | $165,600 |
| 43609 | 1.79% | $1,050 | $58,700 |
| 43615 | 1.83% | $2,510 | $137,300 |
| 43612 | 1.87% | $1,675 | $89,700 |
| 43613 | 1.88% | $2,359 | $125,300 |
| 43617 | 2.24% | $6,080 | $271,900 |
| 43605 | 2.28% | $1,047 | $46,000 |
| 43608 | 2.37% | $975 | $41,100 |
| 43620 | 2.48% | $2,864 | $115,600 |
Toledo vs Ohio Average
Effective Tax Rate
53% above state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Toledo, OH?
The average effective property tax rate in Toledo, Ohio is 1.89%, based on 15 ZIP codes.
How much is property tax in Toledo, OH?
The average median annual property tax in Toledo is $2,161 per year, with a median home value of $113,513.
Which ZIP code in Toledo has the lowest property tax rate?
ZIP code 43604 has the lowest effective tax rate in Toledo at 1.48%, with a median annual tax of $879.
How many ZIP codes are in Toledo, OH?
Toledo, Ohio has 15 ZIP codes with property tax data available.
Which ZIP code in Toledo has the highest property tax rate?
ZIP code 43620 has the highest effective tax rate in Toledo at 2.48%, with a median annual tax of $2,864.
How do Toledo property taxes compare to the Ohio average?
Toledo's average effective rate of 1.89% is 53% above the Ohio state average of 1.24%.
What factors affect property tax rates between ZIP codes in Toledo?
Property tax rate differences within Toledo are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for Toledo Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: Ohio reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within Toledo, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Looking for county-level property tax data? View Lucas County on TaxByCounty.com
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.