Ada, Hancock County, Ohio Property Taxes

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

Median ADA, OH effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median ADA, OH home value: $163,050
Median annual ADA, OH tax bill: $1,811, $589 lower than the national median property tax bill of $2,400.

How are property taxes in Hancock calculated?

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

Last Updated March 1, 2025

Ada, Hancock County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.19%

Estimate Property Tax Bill

$1,940

$1,801

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

Property Tax Rates Across Ada, Hancock County, Ohio

Local government entities are responsible for setting tax rates, leading to significant variations within a state. This is primarily because each county annually estimates the budget necessary to provide essential services and divides it by the total assessed value of all taxable property in the area. This calculation determines the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the core of the annual process. In Ada, located in Hardin County, Ohio, the effective property tax rate can be compared to other cities within the state and the broader U.S. median. Ohio's median property tax rate is 1.19%, which is above the national median of 1.02%. This suggests that property owners in Ada may face higher tax bills than the national average, reflected in the state's higher median property tax bill compared to the national figure of $2400. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Ada, Hancock County, Ohio

Source: Ownwell

1.08%

1.49%

1.89%

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 Ada Tax Rate

1.19%

Median Effective Hancock County Tax Rate

1.24%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ada, Hancock County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45810	0.54%	0.78%	1.19%	1.19%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Ada, Hancock County, Ohio

When examining property taxes in ADA, 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 Hancock 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 Hancock 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 ADA.

For example, the median home price in ADA is $163,050, with tax bills ranging significantly across the county. Zip code 45810 has the highest median home price at $163,050.

Property Tax Assessment Values Across Ada, Hancock County, Ohio

Source: Ownwell

$14,160

$122,165

$230,170

Median Ada Market Value

$163,050

Median Hancock County Market Value

$151,760

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ada, Hancock County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45810	$1,630	$78,355	$163,050	$344,755	$593,150

Source: Ownwell

Property Tax Bills Across Ada, Hancock County, Ohio

In Ada, located in Hancock County, Ohio, property tax bills are determined by assessing the property's market value and applying the local tax rate. The tax rate in this region is influenced by various factors, including local government budgets and school district funding requirements. Homeowners in Ada can expect a median property tax bill of $1,811, which is significantly lower than the national median of $2,400. This relatively lower tax bill can be attributed to the median home price of $163,050 in the area. However, property tax bills can vary widely, with the 25th percentile at $835 and the 90th percentile reaching $3,801, reflecting differences in property values and tax rates within the area.

Ownwell offers a valuable service to homeowners in Ada by providing property tax appeal and exemption services. By analyzing property assessments, Ownwell identifies opportunities for tax reductions, potentially saving homeowners a significant amount on their annual tax bills. This service ensures that homeowners are not overpaying and can maintain a fair tax burden.

Property Tax Bills Across Ada, Hancock County, Ohio

Source: Ownwell

$182

$1,369

$2,555

Median Ada Tax Bill

$1,811

Median Hancock County Tax Bill

$1,839

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Ada, Hancock County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45810	$26	$835	$1,811	$2,917	$3,801

Source: Ownwell