London, Clark County, Ohio Property Taxes
Median London, OH effective property tax rate: 1.42%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median London, OH home value: $237,840
Median annual London, OH tax bill: $3,376, $976 higher than the national median property tax bill of $2,400.
How are property taxes in Clark calculated?
Property taxes in London, 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 London’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in London, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
London, Clark County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.42%
Estimate Property Tax Bill
$3,377
$3,134
Property Tax Rates Across London, Clark County, Ohio
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
London in Clark County, Ohio, has an effective property tax rate of 1.42%. This rate is significantly higher than the national median property tax rate of 1.02%. Within Ohio, London’s property tax rate is among the highest, reflecting the county's specific budgetary needs and property values. Homeowners in London may find their property tax bills higher than the national median property tax bill of $2,400, potentially impacting their overall cost of living. Understanding these rates is crucial for property owners considering an appeal or seeking exemptions. Comparing London’s effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S. can provide valuable insights for property owners.
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 London Tax Rate
1.42%
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 Clark County Tax Rate
1.69%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across London, Clark County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43140 | 1.19% | 1.34% | 1.42% | 1.48% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across London, Clark County, Ohio
When examining property taxes in London, 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 Clark 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 Clark 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 London. For example, the median home price in London is $237,840, with tax bills ranging significantly across the county. Zip code 43140 has the highest median home price at $237,840.
Property Tax Assessment Values Across London, Clark County, Ohio
Source: Ownwell
$60,080
$148,960
$237,840
Median London Market Value
$237,840
Median Clark County Market Value
$117,390
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across London, Clark County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43140 | $103,540 | $165,255 | $237,840 | $292,335 | $429,270 |
Source: Ownwell
Property Tax Bills Across London, Clark County, Ohio
In London, Clark County, OH, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in this area is $237,840. Homeowners in London can expect a property tax bill that varies significantly, with the 25th percentile at $2,063 and the 75th percentile reaching $4,117. For those at the higher end, the 90th percentile tax bill can be as high as $6,337. These figures are notably above the national median property tax bill of $2,400, indicating a higher tax burden for some residents.
The tax bill is influenced by several factors, including the property's assessed value and the specific tax rates set by local authorities. This can place a financial strain on homeowners, especially in areas with higher assessed values. Ownwell offers a solution by providing expert property tax appeal and exemption services, potentially reducing the tax burden. By analyzing the property's assessed value and comparing it with similar properties, Ownwell can identify discrepancies and appeal for a fairer assessment, helping homeowners save significantly on their property tax bills.
Median London Tax Bill
$3,376
Median Clark County Tax Bill
$1,871
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across London, Clark County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43140 | $1,156 | $2,063 | $3,376 | $4,117 | $6,337 |
Source: Ownwell