Grand Rapids, Lucas County, Ohio Property Taxes
Median Grand Rapids, OH effective property tax rate: 1.79%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Grand Rapids, OH home value: $147,650
Median annual Grand Rapids, OH tax bill: $2,567, $167 higher than the national median property tax bill of $2,400.
How are property taxes in Lucas County calculated?
Property taxes in Grand Rapids, 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 Grand Rapids’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grand Rapids, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grand Rapids, Lucas County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.79%
Estimate Property Tax Bill
$2,643
$2,453
Property Tax Rates Across Grand Rapids, Lucas 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. 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 Grand Rapids’ effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S.
Grand Rapids, situated in Lucas County, experiences a median property tax rate of 1.79%. This rate is notably higher than the national median property tax rate of 1.02%. The consistency of this rate across Lucas County, including in zip code 43522, reflects a uniform approach to property taxation in the region. For residents, understanding these rates is crucial, as they directly impact annual property tax bills, which can be a significant expense. Comparing these rates to the national median property tax bill of $2,400 highlights the importance of strategic tax planning and appeals to manage costs effectively.
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 Grand Rapids Tax Rate
1.79%
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 Lucas County Tax Rate
2.38%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grand Rapids, Lucas County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43522 | 1.51% | 1.78% | 1.79% | 1.97% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Grand Rapids, Lucas County, Ohio
When examining property taxes in Grand Rapids, 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 Lucas 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 Lucas County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Grand Rapids. For example, the median home price in Grand Rapids is $147,650, with tax bills ranging significantly across the county. Zip code 43522 has the highest median home price at $147,650.
Property Tax Assessment Values Across Grand Rapids, Lucas County, Ohio
Source: Ownwell
$45,600
$218,800
$392,000
Median Grand Rapids Market Value
$147,650
Median Lucas County Market Value
$95,600
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grand Rapids, Lucas County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43522 | $15,590 | $95,500 | $147,650 | $202,275 | $248,880 |
Source: Ownwell
Property Tax Bills Across Grand Rapids, Lucas County, Ohio
Median Grand Rapids Tax Bill
$2,567
Median Lucas County Tax Bill
$2,348
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Grand Rapids, Lucas County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43522 | $381 | $1,677 | $2,567 | $3,682 | $4,670 |
Source: Ownwell