College Hl, Hamilton County, Ohio Property Taxes

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

Median College Hl, OH effective property tax rate: 2.51%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median College Hl, OH home value: $40,970
Median annual College Hl, OH tax bill: $998, $1,402 lower than the national median property tax bill of $2,400.

How are property taxes in Hamilton calculated?

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

Last Updated March 1, 2025

College Hl, Hamilton County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.51%

Estimate Property Tax Bill

$1,028

$954

Ownwell’s College Hl Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in College Hl with just two data points. By entering your property's estimated assessed value, our calculator applies College Hl’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Hamilton 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 Hamilton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across College Hl, Hamilton County, Ohio

Local government entities set property tax rates, and these can vary significantly within Ohio. Each county 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 setting tax rates and budgets involves votes and laws, this is the annual process in a nutshell.

College Hill, located in Hamilton County, has an effective property tax rate of 2.51%. This rate is notably higher than the national median property tax rate of 1.02%. In comparison to other cities in Ohio, College Hill's rate is among the highest, reflecting the county's budgetary needs and property values. The state of Ohio sees a wide range of property tax rates, and College Hill's rate stands out as a significant figure within this spectrum. While property tax rates in Ohio can be influenced by various factors, including local government decisions and property assessments, the rate in College Hill is a key consideration for property owners. Understanding these rates can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across College Hl, Hamilton County, Ohio

Source: Ownwell

1.71%

2.52%

3.33%

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 College Hl Tax Rate

2.51%

Median Effective Hamilton County Tax Rate

2.32%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across College Hl, Hamilton County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45224	2.48%	2.49%	2.51%	2.58%	2.60%

Source: Ownwell

Property Tax Assessment Values Across College Hl, Hamilton County, Ohio

When examining property taxes in College Hl, OH, 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 Hamilton 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 Hamilton 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 College Hl. For example, the median home price in College Hl is $40,970, with tax bills ranging significantly across the county. 45224 has the highest median home price at $40,970.

Property Tax Assessment Values Across College Hl, Hamilton County, Ohio

Source: Ownwell

$24,660

$251,280

$477,900

Median College Hl Market Value

$40,970

Median Hamilton County Market Value

$139,190

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across College Hl, Hamilton County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45224	$18,682	$29,900	$40,970	$61,285	$66,666

Source: Ownwell

Property Tax Bills Across College Hl, Hamilton County, Ohio

In College Hill, located in Hamilton County, OH, property tax bills are calculated based on the assessed value of a home. The local government determines this assessed value, which is typically a percentage of the market value. The property tax rate is then applied to this assessed value to calculate the tax bill. Homeowners in College Hill experience tax bills that vary significantly, with the 25th percentile at $752 and the 75th percentile reaching $1,525. The median tax bill in the area is $998, which is below the national median property tax bill of $2,400. This indicates a relatively lower property tax burden compared to many other areas in the United States. However, even with lower bills, homeowners can still benefit from reducing their tax obligations. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially lowering their tax bills. By ensuring that properties are accurately assessed and appealing any discrepancies, Ownwell helps clients achieve substantial savings on their property taxes.

Property Tax Bills Across College Hl, Hamilton County, Ohio

Source: Ownwell

$437

$6,292

$12,146

Median College Hl Tax Bill

$998

Median Hamilton County Tax Bill

$3,119

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across College Hl, Hamilton County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45224	$486	$752	$998	$1,525	$1,692

Source: Ownwell