Sylvania, Lucas County, Ohio Property Taxes

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

Median Sylvania, OH effective property tax rate: 2.57%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Sylvania, OH home value: $200,300
Median annual Sylvania, OH tax bill: $5,019, $2,619 higher than the national median property tax bill of $2,400.

How are property taxes in Lucas County calculated?

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

Last Updated March 1, 2025

Sylvania, Lucas County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.57%

Estimate Property Tax Bill

$5,148

$4,777

Ownwell’s Sylvania Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sylvania with just two data points. By entering your property's estimated assessed value, our calculator applies Sylvania’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Lucas 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 Sylvania, Lucas County, Ohio

Local government entities set tax rates, and these can vary significantly within Ohio. This is because each county annually 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. Though votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Sylvania, located in Lucas County, the effective property tax rate is notably higher than the national median. The city’s rate is 2.57%, which is significantly above the national median property tax rate of 1.02%. This places Sylvania among the cities with the highest property tax rates in Ohio. When compared to the national median property tax bill of $2400, homeowners in Sylvania can expect to pay considerably more. Understanding these rates can help property owners make informed decisions about appealing their property taxes or seeking exemptions. By comparing Sylvania’s rate to other cities in Ohio and the U.S., property owners can better understand their local tax landscape and explore opportunities for potential savings.

Property Tax Rates Across Sylvania, 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 Sylvania Tax Rate

2.57%

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 Sylvania, Lucas County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43560	2.15%	2.52%	2.57%	2.64%	2.69%

Source: Ownwell

Property Tax Assessment Values Across Sylvania, Lucas County, Ohio

When examining property taxes in Sylvania, 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 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 Sylvania. For example, the median home price in Sylvania is $200,300, with tax bills ranging significantly across the county. ZIP code 43560 has the highest median home price at $200,300.

Property Tax Assessment Values Across Sylvania, Lucas County, Ohio

Source: Ownwell

$45,600

$218,800

$392,000

Median Sylvania Market Value

$200,300

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 Sylvania, Lucas County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43560	$87,400	$137,200	$200,300	$271,200	$348,600

Source: Ownwell

Property Tax Bills Across Sylvania, Lucas County, Ohio

In Sylvania, Lucas County, OH, property tax bills are calculated based on the assessed value of a home. This value is determined by the county and reflects a percentage of the property's market value. The tax rate is applied to this assessed value, resulting in the annual property tax bill. Factors influencing the tax bill include changes in property values, local tax rates, and any applicable exemptions or deductions. Homeowners in Sylvania face a median tax bill of approximately $5,019, significantly higher than the national median of $2,400. This higher tax burden can impact household budgets, making it crucial for homeowners to explore potential savings. Ownwell offers expertise in property tax appeals and exemption services, helping homeowners potentially reduce their tax liabilities. By analyzing assessments and identifying discrepancies, Ownwell assists in securing fair tax valuations, ensuring homeowners in Sylvania do not overpay. With Ownwell's guidance, property owners can better manage their tax expenses and enjoy peace of mind.

Property Tax Bills Across Sylvania, Lucas County, Ohio

Source: Ownwell

$1,309

$7,207

$13,105

Median Sylvania Tax Bill

$5,019

Median Lucas County Tax Bill

$2,348

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Sylvania, Lucas County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43560	$2,079	$3,355	$5,019	$6,940	$9,203

Source: Ownwell