Cincinnati, Butler County, Ohio Property Taxes

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

Median Cincinnati, OH effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Cincinnati, OH home value: $230,040
Median annual Cincinnati, OH tax bill: $2,560, $160 higher than the national median property tax bill of $2,400.

How are property taxes in Butler County calculated?

Property taxes in Cincinnati, 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 Cincinnati’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cincinnati, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cincinnati, Butler County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.16%

Estimate Property Tax Bill

$2,668

$2,476

Ownwell’s Cincinnati Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cincinnati with just two data points. By entering your property's estimated assessed value, our calculator applies Cincinnati’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 Butler County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cincinnati, Butler County, Ohio

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation is primarily due to each county's annual budget requirements. To determine the necessary tax rate, counties estimate their budget needs and divide this figure by the total value of all taxable property within their jurisdiction. This process results in the property tax rate, which is subject to votes and laws but follows this fundamental calculation annually.

In Cincinnati, located in Butler County, the effective property tax rate provides an interesting comparison to other cities in Ohio. The city's rate is notably different from both the state and national medians. With Ohio's median property tax rate being slightly above the national median, Cincinnati's rate offers a unique perspective on local tax burdens. The highest and lowest median tax rates within the area further illustrate the diversity in property taxation. Understanding these differences can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Cincinnati, Butler County, Ohio

Source: Ownwell

0.93%

1.27%

1.60%

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 Cincinnati Tax Rate

1.16%

Median Effective Butler County Tax Rate

1.23%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cincinnati, Butler County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45241	0.87%	1.02%	1.15%	1.20%	1.37%
45246	0.97%	1.33%	1.47%	1.51%	1.61%
45202	N/A	N/A	N/A	N/A	N/A
45230	N/A	N/A	N/A	N/A	N/A
45242	N/A	N/A	N/A	N/A	N/A
45251	N/A	N/A	N/A	N/A	N/A
45254	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Cincinnati, Butler County, Ohio

When examining property taxes in Cincinnati, 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 Butler 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.

In Butler 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 Cincinnati. For example, the median home price in Cincinnati is $230,040, with tax bills ranging significantly across the county. Zip code 45241 has the highest median home price at $246,410.

Property Tax Assessment Values Across Cincinnati, Butler County, Ohio

Source: Ownwell

$50,410

$228,015

$405,620

Median Cincinnati Market Value

$230,040

Median Butler County Market Value

$217,015

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cincinnati, Butler County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45241	$158,192	$178,590	$246,410	$422,240	$478,932
45246	$76,800	$81,480	$86,670	$86,670	$86,825
45202	N/A	N/A	N/A	N/A	N/A
45230	N/A	N/A	N/A	N/A	N/A
45242	N/A	N/A	N/A	N/A	N/A
45251	N/A	N/A	N/A	N/A	N/A
45254	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Cincinnati, Butler County, Ohio

In Cincinnati, located in Butler County, Ohio, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in the area is $230,040, with property tax bills ranging significantly based on location and home value. For example, in zip code 45241, the highest median tax bill is $2,819, while in zip code 45246, the lowest is $1,251. These figures highlight the variability within the area. Compared to the national median property tax rate of 1.02%, Cincinnati homeowners may find themselves paying more or less depending on their specific circumstances. The tax bill's impact on homeowners can be substantial, especially for those with higher-value properties, where bills can reach up to $5,681 for the 90th percentile. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners potentially lower their tax bills. By assessing your property's value and ensuring it's accurately reflected, Ownwell can identify opportunities for savings, providing peace of mind and financial relief.

Property Tax Bills Across Cincinnati, Butler County, Ohio

Source: Ownwell

$806

$2,790

$4,774

Median Cincinnati Tax Bill

$2,560

Median Butler County Tax Bill

$2,621

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Cincinnati, Butler County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45241	$1,454	$1,742	$2,819	$5,092	$5,714
45246	$762	$1,143	$1,251	$1,302	$1,453
45202	N/A	N/A	N/A	N/A	N/A
45230	N/A	N/A	N/A	N/A	N/A
45242	N/A	N/A	N/A	N/A	N/A
45251	N/A	N/A	N/A	N/A	N/A
45254	N/A	N/A	N/A	N/A	N/A

Source: Ownwell