Proctor, Lawrence County, Ohio Property Taxes
Median Proctor, OH effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Proctor, OH home value: $107,665
Median annual Proctor, OH tax bill: $908, $1,492 lower than the national median property tax bill of $2,400.
How are property taxes in Lawrence calculated?
Property taxes in Proctor, 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 Proctor’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Proctor, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Proctor, Lawrence County, Ohio Property Tax Bill Calculator
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Median Effective Tax Rate
2%
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Property Tax Rates Across Proctor, Lawrence County, Ohio
Local government entities set tax rates, and these can vary significantly within a state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting 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 Proctor, located in Lawrence County, Ohio, the effective property tax rate is a key factor for property owners to consider. Compared to the national median property tax rate of 1.02%, Ohio's median rate of 1.36% is above average. However, Proctor's effective property tax rate is notably lower than both the state and national medians, making it an attractive option for property buyers and investors.
Understanding these rates is crucial for homeowners and potential buyers, as property taxes can significantly impact overall housing costs. By staying informed about local tax rates and how they compare to state and national figures, property owners can make more informed financial decisions.
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
1.01%
Median Effective Ohio Tax Rate
1.60%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Proctor, Lawrence County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Proctor, Lawrence County, Ohio
Property Tax Assessment Values Across Proctor, Lawrence County, Ohio
Source: Ownwell
$50,570
$82,923
$115,275
Median Lawrence County Market Value
$85,830
Median Ohio Market Value
$168,370
Median United States Market Value
$235,294
Property Tax Assessment Values Across Proctor, Lawrence County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Proctor, Lawrence County, Ohio
In Proctor, located in Lawrence County, OH, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, property size, and recent home sales in the area. Homeowners in Proctor face varying tax bills, with the 25th percentile at $768, the 75th percentile at $1,049, and the 90th percentile reaching $1,133. Comparatively, the national median property tax bill is $2,400, indicating that Proctor's tax bills are generally lower than the national average. However, these taxes can still be a significant expense for homeowners.
Ownwell offers valuable assistance in reducing these costs by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential inaccuracies, Ownwell helps homeowners lower their tax bills. This not only alleviates financial burdens but also ensures homeowners are not overpaying on their property taxes, ultimately leading to substantial savings.
Median Lawrence County Tax Bill
$935
Median Ohio Tax Bill
$2,789
Median United States Tax Bill
$2,400
Property Tax Bills Across Proctor, Lawrence County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell