Holland, Lucas County, Ohio Property Taxes

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

Median Holland, OH effective property tax rate: 2.43%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Holland, OH home value: $179,900
Median annual Holland, OH tax bill: $4,244, $1,844 higher than the national median property tax bill of $2,400.

How are property taxes in Lucas calculated?

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

Last Updated March 1, 2025

Holland, Lucas County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.43%

Estimate Property Tax Bill

$4,372

$4,057

Ownwell’s Holland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Holland with just two data points. By entering your property's estimated assessed value, our calculator applies Holland’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 Lucas County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Holland, Lucas County, Ohio

Local government entities set tax rates, which can vary widely within a state. This variance is due to each county estimating its required budget to provide services and dividing 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.

In Holland, located in Lucas County, Ohio, the effective property tax rate stands at 2.43%. This is significantly higher than the national median property tax rate of 1.02%. The median property tax rate for Ohio is also 2.43%, aligning with Holland's rate. This suggests that Holland's property tax rate is consistent with the state median, yet it remains notably above the national average.

For property owners in Holland, understanding these figures is crucial, as the higher tax rate impacts annual tax bills. The national median property tax bill is $2,400, but with Holland's higher rate, residents likely face a larger financial commitment. Comparing these rates illustrates how local tax policies and property values influence the financial obligations of homeowners in different regions.

Property Tax Rates Across Holland, Lucas County, Ohio

Source: Ownwell

1.73%

2.56%

3.40%

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 Holland Tax Rate

2.43%

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 Holland, Lucas County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43528	2.01%	2.21%	2.43%	2.46%	2.51%

Source: Ownwell

Property Tax Assessment Values Across Holland, Lucas County, Ohio

When examining property taxes in Holland, 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 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.

In Lucas 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 Holland. For example, the median home price in Holland is $179,900, with tax bills ranging significantly across the county. Zip code 43528 has the highest median home price at $179,900.

Property Tax Assessment Values Across Holland, Lucas County, Ohio

Source: Ownwell

$45,600

$218,800

$392,000

Median Holland Market Value

$179,900

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 Holland, Lucas County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43528	$27,800	$101,300	$179,900	$249,600	$317,700

Source: Ownwell

Property Tax Bills Across Holland, Lucas County, Ohio

Property tax bills in Holland, located in Lucas County, Ohio, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, and the tax rate is set by local authorities. Factors such as property location, size, and improvements can influence the assessed value. Homeowners in Holland face a median tax bill of $4,244, significantly higher than the national median of $2,400, reflecting the local tax rate and property values. This can place a considerable financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%. Ownwell can assist homeowners in Holland by reviewing their property assessments to ensure accuracy and identifying potential errors or overvaluations. By appealing unjust assessments and securing applicable exemptions, Ownwell can help reduce property tax bills, offering significant savings and alleviating financial pressure for homeowners.

Property Tax Bills Across Holland, Lucas County, Ohio

Source: Ownwell

$1,309

$7,207

$13,105

Median Holland Tax Bill

$4,244

Median Lucas County Tax Bill

$2,348

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Holland, Lucas County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43528	$815	$2,275	$4,244	$5,970	$7,750

Source: Ownwell