Loudonville, Ashland County, Ohio Property Taxes

Name: Property Tax Bills Across Loudonville, Ashland County, Ohio
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Loudonville, OH effective property tax rate: 1.55%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Loudonville, OH home value: $94,220
Median annual Loudonville, OH tax bill: $1,374, $1,026 lower than the national median property tax bill of $2,400.

How are property taxes in Ashland County calculated?

Property taxes in Loudonville, OH are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Loudonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Loudonville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Loudonville, Ashland County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.55%

Estimate Property Tax Bill

$1,460

$1,355

Ownwell’s Loudonville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Loudonville with just two data points. By entering your property's estimated assessed value, our calculator applies Loudonville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Ashland County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Loudonville, Ashland County, Ohio

Local government entities set tax rates, which can vary widely within a state. This variability is due to each county annually estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Loudonville, located in Ashland County, Ohio, the effective property tax rate stands out when compared to other cities within the state. Ohio's median property tax rate is 1.55%, which is notably higher than the national median rate of 1.02%. This places Ohio among the states with a relatively higher property tax rate. Consequently, property owners in Loudonville might find themselves paying more in property taxes compared to the national average. Understanding these rates is crucial for homeowners looking to manage their expenses effectively.

Property Tax Rates Across Loudonville, Ashland County, Ohio

Source: Ownwell

1.30%

1.47%

1.65%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Loudonville Tax Rate

1.55%

Median Effective Ashland County Tax Rate

1.52%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Loudonville, Ashland County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44842	1.13%	1.45%	1.55%	1.56%	1.59%

Source: Ownwell

Property Tax Assessment Values Across Loudonville, Ashland County, Ohio

When examining property taxes in Loudonville, OH, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Ashland County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Ashland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Loudonville. For example, the median home price in Loudonville is $94,220, with tax bills ranging significantly across the county. 44842 has the highest median home price at $94,220.

Property Tax Assessment Values Across Loudonville, Ashland County, Ohio

Source: Ownwell

$73,670

$109,850

$146,030

Median Loudonville Market Value

$94,220

Median Ashland County Market Value

$108,690

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Loudonville, Ashland County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44842	$16,980	$63,282	$94,220	$138,450	$192,044

Source: Ownwell

Property Tax Bills Across Loudonville, Ashland County, Ohio

In Loudonville, Ohio, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Loudonville is $94,220, and property tax bills can vary significantly. For instance, homeowners at the 25th percentile pay around $896 annually, while those at the 75th percentile face bills of approximately $2,013. At the 90th percentile, the tax bill can reach up to $2,795, highlighting the range of tax burdens within the area. The median property tax bill in Loudonville stands at $1,374, which is below the national median of $2,400. Factors such as property location, home improvements, and local tax rates influence the final tax bill. Ownwell can assist homeowners in Loudonville by reviewing their property tax assessments and identifying potential errors or opportunities for exemptions. By leveraging their expertise, Ownwell helps homeowners potentially reduce their property tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Loudonville, Ashland County, Ohio

Source: Ownwell

$1,041

$1,590

$2,139

Median Loudonville Tax Bill

$1,374

Median Ashland County Tax Bill

$1,522

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Loudonville, Ashland County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44842	$237	$896	$1,374	$2,013	$2,795

Source: Ownwell