Foster City, Butler County, Ohio Property Taxes
Median Foster City, Ohio effective property tax rate: 1.20%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Foster City, Ohio home value: $106,850
Median annual Foster City, Ohio tax bill: $1,284, $1,116 lower than the national median property tax bill of $2,400.
How are property taxes in Butler County calculated?
Property taxes in Foster City, Ohio 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 Foster City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Foster City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Foster City, Butler County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2%
Estimate Property Tax Bill
$0
Property Tax Rates Across Foster City, Butler County, Ohio
Local government entities in Ohio set tax rates, which can vary widely within the state. This variation stems from the annual process where each county estimates its required budget to provide services and divides 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 these rates and budgets, this is essentially the annual process.
In Foster City, located in Butler County, the effective property tax rate is a key point of comparison. The median property tax rate in Ohio stands at 1.20%, which is higher than the national median of 1.02%. This difference highlights the importance of understanding local tax dynamics. Foster City’s effective property tax rate can be compared to other cities within Ohio, providing valuable insight for property owners. This comparison is crucial for those looking to manage their property tax liability effectively. Understanding how Foster City’s rate aligns with state and national medians can aid in making informed decisions about property investments and tax appeals.
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
1.44%
Median Effective Ohio Tax Rate
1.60%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Foster City, Butler County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Foster City, Butler County, Ohio
When examining property taxes in Foster City, 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 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 Foster City.
For example, the median home price in Foster City is $106,850, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Foster City, Butler County, Ohio
Source: Ownwell
$79,350
$318,765
$558,180
Median Butler County Market Value
$216,520
Median Ohio Market Value
$168,370
Median United States Market Value
$235,294
Property Tax Assessment Values Across Foster City, Butler County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Foster City, Butler County, Ohio
Median Butler County Tax Bill
$3,201
Median Ohio Tax Bill
$2,789
Median United States Tax Bill
$2,400
Property Tax Bills Across Foster City, Butler County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell