Springboro, Butler County, Ohio Property Taxes
Median Springboro, OH effective property tax rate: 0.97%, significantly lower than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Springboro, OH home value: $233,030
Median annual Springboro, OH tax bill: $2,258, $142 lower than the national median property tax bill of $2,400.
How are property taxes in Butler County calculated?
Property taxes in Springboro, 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 Springboro’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Springboro, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Springboro, Butler County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.97%
Estimate Property Tax Bill
$2,260
$2,098
Property Tax Rates Across Springboro, Butler County, Ohio
Local government entities determine tax rates, which can differ significantly within a state. This variation arises because each county annually estimates the budget required to provide public services and divides it by the total value of all taxable properties in its area, resulting in the property tax rate. Although setting tax rates and budgets involves votes and laws, this is the core of the annual process.
Springboro, located in Butler County, Ohio, has an effective property tax rate that can be compared to other cities in the state and the national average. Ohio's median property tax rate is 1.36%, which is higher than the national median of 1.02%. In contrast, Springboro's rate may offer a more favorable comparison for property owners. This comparison is essential for homeowners seeking to understand their property tax obligations and potential savings. By evaluating these rates, property owners can make informed decisions about appealing their property taxes or exploring available exemptions. Understanding these dynamics can lead to significant savings and a better grasp of the local tax landscape.
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 Springboro Tax Rate
0.97%
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 Springboro, Butler County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45066 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Springboro, Butler County, Ohio
When examining property taxes in Springboro, 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.
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 Springboro.
For example, the median home price in Springboro is $233,030, with tax bills ranging significantly across the county. The 25th, 75th, and 90th percentiles all report tax bills of $2,258, which is below the national median property tax bill of $2,400.
Property Tax Assessment Values Across Springboro, Butler County, Ohio
Source: Ownwell
$50,410
$228,015
$405,620
Median Springboro Market Value
$233,030
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 Springboro, Butler County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45066 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Springboro, Butler County, Ohio
In Springboro, located in Butler County, Ohio, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the market value, which is determined by the county assessor. The local tax rate is then applied to this assessed value to determine the property tax bill. With a median home price of $233,030, homeowners in Springboro face property tax bills that are consistent across various percentiles, with amounts around $2,258. This figure is slightly below the national median tax bill of $2,400, reflecting a relatively moderate tax burden for homeowners in the area.
Homeowners in Springboro can potentially reduce their property tax bills with the help of Ownwell. By providing expert property tax appeal and exemption services, Ownwell can identify discrepancies in assessed values or ensure that homeowners receive all eligible exemptions. This support can lead to significant savings, making homeownership more affordable. Partnering with Ownwell ensures homeowners are not overpaying on their property taxes, allowing them to maximize their investment in their property.
Median Springboro Tax Bill
$2,258
Median Butler County Tax Bill
$2,621
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Springboro, Butler County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45066 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell