Lancaster, Hocking County, Ohio Property Taxes

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

Median LANCASTER, OH effective property tax rate: 1.41%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median LANCASTER, OH home value: $283,890
Median annual LANCASTER, OH tax bill: $3,906, $1,506 higher than the national median property tax bill of $2,400.

How are property taxes in Hocking calculated?

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

Last Updated March 1, 2025

Lancaster, Hocking County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.41%

Estimate Property Tax Bill

$4,003

$3,715

Ownwell’s Lancaster Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lancaster with just two data points.

By entering your property's estimated assessed value, our calculator applies Lancaster’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 Hocking County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lancaster, Hocking County, Ohio

Local government entities set tax rates, which can vary widely within a state. 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Lancaster’s effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S. With a median tax rate of 1.41%, Lancaster in Hocking County stands above the national median property tax rate of 1.02%. This means property owners in Lancaster might pay more in taxes compared to the average U.S. homeowner. Understanding these differences can be crucial for property owners considering a move or investment in this area. By appealing your property taxes or seeking exemptions, you could potentially lower your tax burden and save money.

Property Tax Rates Across Lancaster, Hocking County, Ohio

Source: Ownwell

1.19%

1.50%

1.81%

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 Lancaster Tax Rate

1.41%

Median Effective Hocking County Tax Rate

1.35%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lancaster, Hocking County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43130	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lancaster, Hocking County, Ohio

When examining property taxes in Lancaster, 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 Hocking 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.

Assessment notices:

In Hocking County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Lancaster.

For example, the median home price in Lancaster is $283,890, with tax bills ranging significantly across the county. 43130 has the highest median home price at $283,890.

Property Tax Assessment Values Across Lancaster, Hocking County, Ohio

Source: Ownwell

$35,920

$108,520

$181,120

Median Lancaster Market Value

$283,890

Median Hocking County Market Value

$109,310

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lancaster, Hocking County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43130	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lancaster, Hocking County, Ohio

In Lancaster, nestled in Hocking County, Ohio, property tax bills are primarily determined by 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 calculate the annual tax bill. With a median home price of $283,890, Lancaster homeowners often face tax bills that can be considerably higher than the national median property tax bill of $2,400. For instance, the 25th percentile of tax bills in Lancaster stands at $3,577, while the 75th percentile reaches $4,472, and the top 10% of tax bills soar to $5,541. These figures highlight the significant financial burden property taxes can impose on homeowners in this region. Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing individual tax assessments and identifying potential errors or opportunities for exemptions, Ownwell helps homeowners reduce their tax liabilities, ensuring they pay only what is fair and just.

Property Tax Bills Across Lancaster, Hocking County, Ohio

Source: Ownwell

$552

$1,507

$2,462

Median Lancaster Tax Bill

$3,906

Median Hocking County Tax Bill

$1,629

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Lancaster, Hocking County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43130	N/A	N/A	N/A	N/A	N/A

Source: Ownwell