Baltimore, Fairfield County, Ohio Property Taxes
Median Baltimore, OH effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Baltimore, OH home value: $242,935
Median annual Baltimore, OH tax bill: $3,218, $818 higher than the national median property tax bill of $2,400.
How are property taxes in Fairfield calculated?
Property taxes in Baltimore, 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 Baltimore’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Baltimore, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Baltimore, Fairfield County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.62%
Estimate Property Tax Bill
$6,362
$5,904
Property Tax Rates Across Baltimore, Fairfield County, Ohio
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual estimation of its required budget to provide services, divided 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, this is essentially the annual process.
In Baltimore, located in Fairfield County, Ohio, the effective property tax rate stands out when compared to other cities in Ohio and the national median. The median property tax rate in Ohio is 1.33%, which is higher than the national median of 1.02%. This indicates that property owners in Baltimore might face higher tax bills compared to the national average. In fact, the highest and lowest median tax rates in Ohio are both 1.33%, found in the same zip code, 43105, reflecting a uniformity in this area. This comparison highlights the significance of understanding local tax rates to better manage property taxes.
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 Baltimore Tax Rate
2.62%
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 Fairfield County Tax Rate
3.15%
Median Effective Ohio Tax Rate
1.60%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Baltimore, Fairfield County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43105 | 2.41% | 2.62% | 2.62% | 2.63% | 2.82% |
Source: Ownwell
Property Tax Assessment Values Across Baltimore, Fairfield County, Ohio
When examining property taxes in Baltimore, 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 Fairfield 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: In Fairfield 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 Baltimore. For example, the median home price in Baltimore is $242,935, with tax bills ranging significantly across the county. Zip code 43105 has the highest median home price at $242,935.
Property Tax Assessment Values Across Baltimore, Fairfield County, Ohio
Source: Ownwell
$125,030
$243,905
$362,780
Median Baltimore Market Value
$242,830
Median Fairfield County Market Value
$224,125
Median Ohio Market Value
$168,370
Median United States Market Value
$235,294
Property Tax Assessment Values Across Baltimore, Fairfield County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43105 | $105,778 | $161,840 | $242,830 | $336,410 | $440,576 |
Source: Ownwell
Property Tax Bills Across Baltimore, Fairfield County, Ohio
In Baltimore, located in Fairfield County, OH, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Baltimore is $242,935, which influences the tax bill amount. Homeowners in this area face a wide range of tax bills, with the 25th percentile at $2,073 and the 75th percentile reaching $4,781. For those in the 90th percentile, tax bills can soar to $6,262. These figures are significantly higher than the national median property tax bill of $2,400, impacting homeowners' financial planning and budgeting.
Ownwell offers valuable assistance to homeowners in Baltimore by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners reduce their tax liabilities. This service can result in substantial savings, easing the financial burden of high property taxes. With expertise in navigating the complexities of property tax appeals, Ownwell ensures that homeowners pay only their fair share, providing peace of mind and financial relief.
Median Baltimore Tax Bill
$6,323
Median Fairfield County Tax Bill
$7,068
Median Ohio Tax Bill
$2,789
Median United States Tax Bill
$2,400
Property Tax Bills Across Baltimore, Fairfield County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
43105 | $2,858 | $4,249 | $6,323 | $9,368 | $12,294 |
Source: Ownwell