Buckeye Lake, Fairfield County, Ohio Property Taxes

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

Median Buckeye Lake, OH effective property tax rate: 1.65%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Buckeye Lake, OH home value: $176,195
Median annual Buckeye Lake, OH tax bill: $2,552, $152 higher than the national median property tax bill of $2,400.

How are property taxes in Fairfield County calculated?

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

Last Updated March 1, 2025

Buckeye Lake, Fairfield County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.65%

Estimate Property Tax Bill

$2,907

$2,698

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

Property Tax Rates Across Buckeye Lake, Fairfield County, Ohio

Local government entities set tax rates, which can vary widely within a state. This variation is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. In Buckeye Lake, located in Fairfield County, the effective property tax rate is 1.65%, notably higher than the national median of 1.02%. This means residents in Buckeye Lake often face higher property tax bills compared to many other areas in the country. When comparing Buckeye Lake to other cities in Ohio, it becomes evident that the local property tax rate exceeds the state median. This highlights the importance of understanding local tax rates and seeking potential appeals or exemptions to manage property tax liabilities effectively.

Property Tax Rates Across Buckeye Lake, Fairfield County, Ohio

Source: Ownwell

1.13%

1.38%

1.64%

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 Buckeye Lake Tax Rate

1.65%

Median Effective Fairfield County Tax Rate

1.37%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Buckeye Lake, Fairfield County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43008	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Buckeye Lake, Fairfield County, Ohio

When examining property taxes in Buckeye Lake, 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.

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 Buckeye Lake.

For example, the median home price in Buckeye Lake is $176,195, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Buckeye Lake, Fairfield County, Ohio

Source: Ownwell

$124,285

$243,533

$362,780

Median Buckeye Lake Market Value

$176,195

Median Fairfield County Market Value

$224,580

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Buckeye Lake, Fairfield County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43008	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Buckeye Lake, Fairfield County, Ohio

In Buckeye Lake, Fairfield County, OH, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $176,195, homeowners in this area face varying tax bills. The 25th percentile tax bill is $1,476, while the 75th percentile reaches $3,628, and the 90th percentile climbs to $4,273. These figures highlight the potential financial impact on homeowners, especially when compared to the national median property tax bill of $2,400. The local tax rate can significantly affect the amount due, making it crucial for homeowners to ensure their property is accurately assessed. Ownwell offers valuable assistance by providing property tax appeal and exemption services. By reviewing assessments and identifying potential errors or opportunities for exemptions, Ownwell helps homeowners reduce their tax liabilities. This not only eases the financial burden but also ensures homeowners are not overpaying on their property taxes, allowing them to allocate resources more effectively.

Property Tax Bills Across Buckeye Lake, Fairfield County, Ohio

Source: Ownwell

$1,548

$3,412

$5,276

Median Buckeye Lake Tax Bill

$2,552

Median Fairfield County Tax Bill

$2,962

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Buckeye Lake, Fairfield County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43008	N/A	N/A	N/A	N/A	N/A

Source: Ownwell