Springfield, Champaign County, Ohio Property Taxes

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

Median Springfield, OH effective property tax rate: 1.21%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Springfield, OH home value: $204,245
Median annual Springfield, OH tax bill: $2,399, $1 lower than the national median property tax bill of $2,400.

How are property taxes in Champaign County calculated?

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

Last Updated March 1, 2025

Springfield, Champaign County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.21%

Estimate Property Tax Bill

$2,471

$2,293

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

Property Tax Rates Across Springfield, Champaign County, Ohio

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and then divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process. In Springfield, located in Clark County, Ohio, the property tax landscape is shaped by these local decisions. Springfield's effective property tax rate can be compared to other cities within Ohio and the national median. Ohio's median property tax rate of 1.21% is above the national median of 1.02%, reflecting a slightly higher burden on homeowners in the state. Within Springfield, the property tax rate also stands at 1.21%, which is consistent with the state's median, highlighting a uniformity in tax rates within the region. This comparison provides valuable insights for homeowners and potential buyers considering property investments in Springfield.

Property Tax Rates Across Springfield, Champaign County, Ohio

Source: Ownwell

1.21%

1.34%

1.46%

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 Springfield Tax Rate

1.21%

Median Effective Champaign County Tax Rate

1.33%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Springfield, Champaign County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45502	0.91%	1.09%	1.21%	1.24%	1.49%

Source: Ownwell

Property Tax Assessment Values Across Springfield, Champaign County, Ohio

When examining property taxes in Springfield, 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 Champaign 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. Assessment notices: Champaign 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 Springfield. For example, the median home price in Springfield is $204,245, with tax bills ranging significantly across the county. 45502 has the highest median home price at $204,245.

Property Tax Assessment Values Across Springfield, Champaign County, Ohio

Source: Ownwell

$68,455

$136,350

$204,245

Median Springfield Market Value

$204,245

Median Champaign County Market Value

$139,430

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Springfield, Champaign County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45502	$80,232	$154,295	$204,245	$248,935	$307,372

Source: Ownwell

Property Tax Bills Across Springfield, Champaign County, Ohio

In Springfield, located in Champaign County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the overall tax bill. With the median home price at $204,245, homeowners in Springfield face property tax bills that can vary significantly, with the 25th percentile at $1,757 and the 75th percentile at $3,067. This range highlights the potential for homeowners to pay more than the national median property tax rate of 1.02% and the national median property tax bill of $2,400.

Ownwell can assist homeowners in Springfield by reviewing their property assessments to ensure accuracy and identify potential savings. By appealing over-assessed values and securing exemptions, Ownwell helps reduce property tax bills, making homeownership more affordable and manageable.

Property Tax Bills Across Springfield, Champaign County, Ohio

Source: Ownwell

$855

$1,627

$2,399

Median Springfield Tax Bill

$2,399

Median Champaign County Tax Bill

$1,926

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Springfield, Champaign County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45502	$1,053	$1,757	$2,399	$3,067	$3,686

Source: Ownwell