Hermitage, Ashtabula County, Ohio Property Taxes
Median Hermitage, OH effective property tax rate: 1.84%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Hermitage, OH home value: $121,250
Median annual Hermitage, OH tax bill: $2,240, $160 lower than the national median property tax bill of $2,400.
How are property taxes in Ashtabula calculated?
Property taxes in Hermitage, 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 Hermitage’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hermitage, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hermitage, Ashtabula County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.84%
Estimate Property Tax Bill
$2,231
$2,070
Ownwell’s Hermitage Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hermitage with just two data points.
By entering your property's estimated assessed value, our calculator applies Hermitage’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 Ashtabula.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Hermitage, Ashtabula County, Ohio
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Hermitage’s effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S.
In Hermitage, situated in Ashtabula County, the property tax rate stands at 1.84%, which is significantly higher than the national median of 1.02%. This means residents in Hermitage pay a larger share of their property’s assessed value in taxes compared to the average American homeowner. Understanding these figures can help property owners make informed decisions about appealing their property taxes or seeking exemptions. By comparing Hermitage’s tax rate to other cities and counties, homeowners can better understand their tax obligations and explore opportunities for potential savings.
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 Hermitage Tax Rate
1.84%
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 Ashtabula County Tax Rate
1.74%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hermitage, Ashtabula County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16148 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Hermitage, Ashtabula County, Ohio
When examining property taxes in Hermitage, Ohio, 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 Ashtabula County Auditor 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.
In Ashtabula County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Hermitage.
For example, the median home price in Hermitage is $121,250, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Hermitage, Ashtabula County, Ohio
Source: Ownwell

$16,600
$99,275
$181,950
Median Hermitage Market Value
$121,250
Median Ashtabula County Market Value
$74,100
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hermitage, Ashtabula County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16148 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Hermitage, Ashtabula County, Ohio
In Hermitage, Ohio, property tax bills are determined by assessing the market value of a home and applying the county's tax rate. Homeowners in Ashtabula County see a median property tax bill around $2,400, aligning with the national median. However, the tax bill can vary significantly, with 25th percentile bills at approximately $1,898 and 90th percentile bills reaching up to $2,787. These variations depend on factors like the property's assessed value and local tax levies. For homeowners, this means that a higher assessed value can lead to a larger tax bill, impacting annual expenses significantly.
Ownwell offers a solution for homeowners looking to reduce their property tax burden. By providing expert property tax appeal services, Ownwell helps ensure that your property's assessed value is fair and accurate. This can lead to substantial savings, as a successful appeal might lower the assessed value, thus reducing the tax bill. With Ownwell's assistance, homeowners can navigate the complexities of property tax assessments and potentially save hundreds of dollars annually.
Median Hermitage Tax Bill
$2,240
Median Ashtabula County Tax Bill
$1,299
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Hermitage, Ashtabula County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
16148 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell