Mccomb, Hancock County, Ohio Property Taxes

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

Median McComb, OH effective property tax rate: 1.21%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%. Median McComb, OH home value: $14,160. Median annual McComb, OH tax bill: $182, $2,218 lower than the national median property tax bill of $2,400.

How are property taxes in Hancock calculated?

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

Last Updated March 1, 2025

Mccomb, Hancock County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.21%

Estimate Property Tax Bill

$171

$159

Ownwell’s McComb Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in McComb with just two data points. By entering your property's estimated assessed value, our calculator applies McComb’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 Mccomb, Hancock County, Ohio

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core annual process.

In McComb, located in Hancock County, Ohio, the effective property tax rate stands at 1.21%. This rate is consistent with the highest and lowest median tax rates found within the region. When comparing this to the national median property tax rate of 1.02%, McComb's rate is notably higher. Additionally, the national median property tax bill is $2400, serving as a benchmark for comparison.

Understanding these rates is crucial for property owners as they navigate the complexities of property tax assessments and appeals. By staying informed about local tax rates, property owners can better manage their financial responsibilities and explore potential savings through tax appeal and exemption services.

Property Tax Rates Across Mccomb, 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 Mccomb Tax Rate

1.21%

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 Mccomb, Hancock County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45858	1.04%	1.20%	1.21%	1.24%	1.26%

Source: Ownwell

Property Tax Assessment Values Across Mccomb, Hancock County, Ohio

When examining property taxes in McComb, 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. Assessment notices: 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 McComb. For example, the median home price in McComb is $14,160, with tax bills ranging significantly across the county. Zip code 45858 has the highest median home price at $14,160.

Property Tax Assessment Values Across Mccomb, Hancock County, Ohio

Source: Ownwell

$14,160

$122,165

$230,170

Median Mccomb Market Value

$14,160

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 Mccomb, Hancock County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45858	$4,462	$8,445	$14,160	$61,535	$224,864

Source: Ownwell

Property Tax Bills Across Mccomb, Hancock County, Ohio

In McComb, Hancock County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in McComb experience a median property tax bill of $182, which is significantly lower than the national median of $2,400. This disparity highlights the comparatively low property tax rates in the area. The tax bill can vary widely depending on factors such as property location, home size, and any applicable exemptions. For example, tax bills in McComb range from the 25th percentile at $104 to the 90th percentile at $1,727, illustrating the variability in tax burdens based on individual property characteristics. Homeowners may find these costs burdensome, especially those at the higher end of the spectrum. Ownwell can assist homeowners by evaluating their property tax assessments to identify potential savings. By leveraging expertise in property tax appeals and exemptions, Ownwell helps ensure that homeowners in McComb are not overpaying and can secure the lowest possible tax bill.

Property Tax Bills Across Mccomb, Hancock County, Ohio

Source: Ownwell

$182

$1,369

$2,555

Median Mccomb Tax Bill

$182

Median Hancock County Tax Bill

$1,839

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Mccomb, Hancock County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45858	$54	$104	$182	$747	$1,727

Source: Ownwell