Lebanon, Hamilton County, Ohio Property Taxes
- Median Lebanon, OH effective property tax rate: 2.42%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
- Median Lebanon, OH home value: $236,990
- Median annual Lebanon, OH tax bill: $5,727, $3,327 higher than the national median property tax bill of $2,400.
How are property taxes in Hamilton calculated?
Property taxes in Lebanon, 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 Lebanon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lebanon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lebanon, Hamilton County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.42%
Estimate Property Tax Bill
$5,735
$5,322
Ownwell’s Lebanon Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lebanon with just two data points.
By entering your property's estimated assessed value, our calculator applies Lebanon’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 Warren County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Lebanon, Hamilton County, Ohio
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide essential services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Votes and laws also play a role in setting these rates and budgets, but this is the annual process in summary.
In Lebanon, located in Warren County, Ohio, the effective property tax rate is a significant consideration for homeowners. Compared to the national median property tax rate of 1.02%, Lebanon's rate is notably higher. The median property tax bill in Lebanon also surpasses the national median of $2,400, reflecting the higher rate. This can be attributed to the county's budgetary needs and the total assessed property values. When compared to other cities in Ohio and the state median, Lebanon's property tax rate stands out, impacting homeowners' annual expenses. Understanding these differences is crucial for property owners considering a tax appeal or exemption, as even slight adjustments can lead to substantial savings.
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 Lebanon Tax Rate
2.42%
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 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 Lebanon, Hamilton County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45036 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Lebanon, Hamilton County, Ohio
When examining property taxes in Lebanon, 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 Hamilton County Auditor 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 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 Lebanon. For example, the median home price in Lebanon is $236,990, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Lebanon, Hamilton County, Ohio
Source: Ownwell
$24,660
$251,280
$477,900
Median Lebanon Market Value
$236,990
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 Lebanon, Hamilton County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45036 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Lebanon, Hamilton County, Ohio
In Lebanon, Ohio, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Factors such as home size, location, and improvements can influence the assessed value. In Hamilton County, where Lebanon is located, the typical property tax bill is significantly higher than the national median of $2,400, with bills reaching $5,727 at the 25th, 75th, and 90th percentiles. This can place a considerable financial burden on homeowners.
Ownwell offers valuable assistance to homeowners in Lebanon by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can help homeowners reduce their tax burden. This service not only ensures that homeowners pay a fair amount but also potentially saves them a significant amount of money annually. With Ownwell's expertise, homeowners can navigate the complexities of property tax assessments more effectively.
Median Lebanon Tax Bill
$5,727
Median Hamilton County Tax Bill
$3,119
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Lebanon, Hamilton County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45036 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell