New Albany, Delaware County, Ohio Property Taxes

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

Median New Albany, OH effective property tax rate: 1.47%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median New Albany, OH home value: $660,000
Median annual New Albany, OH tax bill: $9,579, $7,179 higher than the national median property tax bill of $2,400.

How are property taxes in Delaware County calculated?

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

Last Updated March 1, 2025

New Albany, Delaware County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.52%

Estimate Property Tax Bill

$10,032

$9,309

Ownwell’s New Albany Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in New Albany with just two data points.

By entering your property's estimated assessed value, our calculator applies New Albany’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 Delaware County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across New Albany, Delaware County, Ohio

Local government entities are responsible for setting property tax rates, and these rates can differ significantly within a state. This variation occurs because each county annually estimates the budget needed to provide essential services and then divides this budget by the total value of all taxable properties in its jurisdiction. This calculation determines the property tax rate. While votes and legislation play a role in establishing tax rates and budgets, this is essentially how the process works each year.

In New Albany, located in Delaware County, the effective property tax rate is 1.47%. This rate is notably higher than the national median property tax rate of 1.02%. However, it's important to note that New Albany's rate aligns with the highest and lowest median tax rates in Ohio, both recorded at 1.47% in the same zip code. This suggests a consistency in property tax rates across different areas within the city, which may not be as common in other regions of the state. Comparing New Albany's property tax rate with the U.S. median highlights the variability in property taxation across the country.

Property Tax Rates Across New Albany, Delaware County, Ohio

Source: Ownwell

1.13%

1.57%

2.00%

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 New Albany Tax Rate

1.52%

Median Effective Delaware County Tax Rate

1.82%

Median Effective Ohio Tax Rate

1.60%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across New Albany, Delaware County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43054	1.40%	1.52%	1.52%	1.54%	1.54%

Source: Ownwell

Property Tax Assessment Values Across New Albany, Delaware County, Ohio

When examining property taxes in New Albany, 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 Delaware 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: Delaware 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 New Albany. For example, the median home price in New Albany is $660,000, with tax bills ranging significantly across the county. Zip code 43054 has the highest median home price at $660,000.

Property Tax Assessment Values Across New Albany, Delaware County, Ohio

Source: Ownwell

$143,300

$533,750

$924,200

Median New Albany Market Value

$660,000

Median Delaware County Market Value

$410,000

Median Ohio Market Value

$168,370

Median United States Market Value

$235,294

Property Tax Assessment Values Across New Albany, Delaware County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43054	$353,940	$433,700	$660,000	$843,150	$936,520

Source: Ownwell

Property Tax Bills Across New Albany, Delaware County, Ohio

In New Albany, Ohio, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in New Albany is $660,000. Property tax rates in this region can significantly impact homeowners, with tax bills ranging from $6,276 at the 25th percentile to $13,689 at the 90th percentile. Notably, the highest and lowest median tax bill in the area is $9,579, which is considerably above the national median property tax bill of $2,400. This discrepancy underscores the importance of understanding local tax assessments. Several factors influence these tax bills, including property location, school district funding, and local government budgets. For homeowners feeling the burden of high property taxes, Ownwell offers valuable assistance. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills, ensuring they pay only their fair share. This service can lead to substantial savings, making it an essential resource for those in New Albany.

Property Tax Bills Across New Albany, Delaware County, Ohio

Source: Ownwell

$2,222

$9,725

$17,227

Median New Albany Tax Bill

$9,939

Median Delaware County Tax Bill

$7,158

Median Ohio Tax Bill

$2,789

Median United States Tax Bill

$2,400

Property Tax Bills Across New Albany, Delaware County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43054	$4,343	$6,508	$9,939	$12,941	$14,452

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	March 31

Links
Delaware Tax Assessor
Website	auditor.co.delaware.oh.us