Reading, Hamilton County, Ohio Property Taxes

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

Median READING, OH effective property tax rate: 2.38%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median READING, OH home value: $67,690
Median annual READING, OH tax bill: $1,534, $866 lower than the national median property tax bill of $2,400.

How are property taxes in Hamilton County calculated?

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

Last Updated March 1, 2025

Reading, Hamilton County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.38%

Estimate Property Tax Bill

$1,611

$1,495

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

Property Tax Rates Across Reading, Hamilton County, Ohio

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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 READING, located in Hamilton County, the effective property tax rate stands out when compared to other cities in Ohio and the national median. Ohio's median property tax rate is significantly higher than the national median of 1.02%. This suggests that homeowners in READING and the surrounding areas might face a higher property tax burden compared to other parts of the country. Understanding these differences is crucial for property owners, as it impacts overall affordability and long-term financial planning. By comparing these rates, homeowners can make informed decisions about their investments and potential savings.

Property Tax Rates Across Reading, 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 Reading Tax Rate

2.38%

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 Reading, Hamilton County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45215	1.65%	2.37%	2.38%	2.44%	2.44%

Source: Ownwell

Property Tax Assessment Values Across Reading, Hamilton County, Ohio

When examining property taxes in Reading, 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 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 Hamilton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Reading. For example, the median home price in Reading is $67,690, with tax bills ranging significantly across the county. Zip code 45215 has the highest median home price at $67,690.

Property Tax Assessment Values Across Reading, Hamilton County, Ohio

Source: Ownwell

$24,660

$251,280

$477,900

Median Reading Market Value

$67,690

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 Reading, Hamilton County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45215	$36,280	$51,610	$67,690	$84,240	$104,900

Source: Ownwell

Property Tax Bills Across Reading, Hamilton County, Ohio

In Reading, Ohio, property tax bills are calculated based on the assessed value of a home, which is determined by the county. The assessed value is a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Hamilton County, the property tax bill can vary significantly, with the 25th percentile at $1,139 and the 90th percentile reaching $2,562. The median tax bill in the area is $1,534, which is relatively lower than the national median of $2,400. This discrepancy highlights the importance of understanding property tax calculations and seeking potential savings. Homeowners in Reading can benefit from Ownwell’s property tax appeal and exemption services, which aim to reduce these tax burdens. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners challenge overvaluations, potentially lowering their tax bills and providing financial relief.

Property Tax Bills Across Reading, Hamilton County, Ohio

Source: Ownwell

$437

$6,292

$12,146

Median Reading Tax Bill

$1,534

Median Hamilton County Tax Bill

$3,119

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Reading, Hamilton County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45215	$757	$1,139	$1,534	$1,985	$2,562

Source: Ownwell