Fairfield, Butler County, Ohio Property Taxes
Median Fairfield, OH effective property tax rate: 1.10%, slightly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Fairfield, OH home value: $222,890
Median annual Fairfield, OH tax bill: $2,380, $20 lower than the national median property tax bill of $2,400.
How are property taxes in Butler County calculated?
Property taxes in Fairfield, 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 Fairfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fairfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fairfield, Butler County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.1%
Estimate Property Tax Bill
$2,452
$2,275
Property Tax Rates Across Fairfield, Butler County, Ohio
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. Each year, counties estimate their required budget to provide essential services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. This annual process, involving votes and laws, determines the rates and budgets.
In Fairfield, located in Butler County, Ohio, the effective property tax rate offers an interesting comparison to other cities in the state. Fairfield's median property tax rate is 1.10%, which is notably higher than the national median of 1.02%. Within Butler County, the highest median tax rate is also 1.10%, found in the zip code 45014, while the lowest is slightly less at 1.04% in zip code 45011. This places Fairfield's rate above the national average, making it crucial for property owners to explore potential tax savings. Understanding these rates and how they compare can empower homeowners to make informed decisions about property tax appeals and exemptions.
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 Fairfield Tax Rate
1.10%
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 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 Fairfield, Butler County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45011 | 0.99% | 1.02% | 1.04% | 1.11% | 1.21% |
| 45014 | 0.92% | 1.02% | 1.10% | 1.16% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Fairfield, Butler County, Ohio
When examining property taxes in Fairfield, 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 Butler 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.
Assessment notices: In Butler County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Fairfield.
For example, the median home price in Fairfield is $222,890, with tax bills ranging significantly across the county. Zip code 45011 has the highest median home price at $314,620.
Property Tax Assessment Values Across Fairfield, Butler County, Ohio
Source: Ownwell
$50,410
$228,015
$405,620
Median Fairfield Market Value
$222,890
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 Fairfield, Butler County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45011 | $275,740 | $298,670 | $314,620 | $332,430 | $356,968 |
| 45014 | $96,672 | $156,560 | $222,225 | $271,072 | $325,094 |
Source: Ownwell
Property Tax Bills Across Fairfield, Butler County, Ohio
Median Fairfield Tax Bill
$2,380
Median Butler County Tax Bill
$2,621
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Fairfield, Butler County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45011 | $2,782 | $3,082 | $3,353 | $3,557 | $3,792 |
| 45014 | $1,048 | $1,724 | $2,371 | $2,967 | $3,638 |
Source: Ownwell
