Crown City, Lawrence County, Ohio Property Taxes
Median Crown City, OH effective property tax rate: 0.97%, slightly lower than the national median of 1.02%, but also lower than the Ohio state median of 1.80%.
Median Crown City, OH home value: $110,020
Median annual Crown City, OH tax bill: $1,037, $1,363 lower than the national median property tax bill of $2,400.
How are property taxes in Lawrence calculated?
Property taxes in Crown City, 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 Crown City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Crown City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Crown City, Lawrence County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.97%
Estimate Property Tax Bill
$1,067
$990
Property Tax Rates Across Crown City, Lawrence County, Ohio
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction to calculate 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 Crown City, located in Lawrence County, Ohio, the effective property tax rate is a subject of interest for property owners. Ohio's median property tax rate is below the national median of 1.02%, offering some relief to homeowners. Crown City's rate is aligned with the state, providing a competitive advantage for those considering property investment.
Comparing Crown City's effective property tax rate to other cities in Ohio and the U.S. median can provide valuable insights for potential buyers and current homeowners. Understanding these rates can guide financial planning and investment decisions, ensuring that property taxes remain manageable and predictable.
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 Crown City Tax Rate
0.97%
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 Lawrence County Tax Rate
1.02%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Crown City, Lawrence County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45623 | 0.82% | 0.95% | 0.97% | 0.99% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Crown City, Lawrence County, Ohio
When examining property taxes in Crown City, 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 Lawrence 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 Lawrence 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 Crown City.
For example, the median home price in Crown City is $110,020, with tax bills ranging significantly across the county. Zip code 45623 has the highest median home price at $110,020.
Property Tax Assessment Values Across Crown City, Lawrence County, Ohio
Source: Ownwell
$28,380
$71,610
$114,840
Median Crown City Market Value
$110,020
Median Lawrence County Market Value
$85,530
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Crown City, Lawrence County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45623 | $14,410 | $36,510 | $110,020 | $185,110 | $307,164 |
Source: Ownwell
Property Tax Bills Across Crown City, Lawrence County, Ohio
Median Crown City Tax Bill
$1,037
Median Lawrence County Tax Bill
$879
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Crown City, Lawrence County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45623 | $136 | $353 | $1,037 | $1,722 | $2,854 |
Source: Ownwell
