Toledo, Lucas County, Ohio Property Taxes
Property Taxes in Toledo, Ohio
Median Toledo, Ohio effective property tax rate: 1.12%, significantly lower than the national median of 1.02%, and lower than the Ohio state median of 1.60%.
Median Toledo, Ohio home value: $88,300
Median annual Toledo, Ohio tax bill: $1,140, lower than the national median property tax bill of $2,400.
How are property taxes in Lucas calculated?
Property taxes in Toledo, Ohio 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 Toledo's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Toledo, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Toledo, Lucas County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.12%
Estimate Property Tax Bill
$989
$918
How Does the Toledo Property Tax Calculator Work?
Use this Toledo property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Toledo's median effective tax rate of 1.12% — based on actual property records in Lucas County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Toledo's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Toledo: rates range from $594 in 43605 to $2,997 in 43617, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Toledo.
About Toledo Property Taxes
About Property Taxes in Toledo, Lucas, Ohio
Toledo’s median effective property tax rate of 1.12% is lower than the Ohio state median of 1.60% and higher than the national median of 1.02%. This rate reflects the Lucas County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Toledo. Homeowners in the 43605 ZIP code carry a median effective rate of 1.27%, while those in 43614 pay 1.07%. This spread — 0.20 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Lucas County. Understanding which part of Toledo you live in can make a meaningful difference to your annual tax bill.
Toledo homeowners who believe their assessed value is too high can file a formal appeal with the Lucas County Tax Assessor before the March 31, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Toledo, Lucas County, Ohio
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Toledo's effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S.
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 Toledo Tax Rate
1.12%
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
1.10%
Median Effective Ohio Tax Rate
1.60%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Toledo, Lucas County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43605 | 0.77% | 1.15% | 1.27% | 2.54% | 14.01% |
| 43606 | 0.91% | 1.04% | 1.08% | 1.17% | 3.31% |
| 43609 | 0.79% | 1.12% | 1.25% | 2.54% | 12.14% |
| 43611 | 0.85% | 1.06% | 1.09% | 1.23% | 2.37% |
| 43612 | 0.87% | 1.07% | 1.10% | 1.19% | 2.31% |
| 43613 | 0.88% | 1.05% | 1.08% | 1.13% | 1.24% |
| 43614 | 0.90% | 1.04% | 1.07% | 1.10% | 1.15% |
| 43615 | 0.89% | 1.04% | 1.10% | 1.16% | 1.54% |
| 43617 | 1.01% | 1.10% | 1.14% | 1.14% | 1.16% |
| 43620 | 0.86% | 1.04% | 1.17% | 2.59% | 13.90% |
| 43623 | 0.88% | 1.02% | 1.09% | 1.13% | 1.16% |
| 43604 | N/A | N/A | N/A | N/A | N/A |
| 43607 | N/A | N/A | N/A | N/A | N/A |
| 43608 | N/A | N/A | N/A | N/A | N/A |
| 43610 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Toledo, Lucas County, Ohio
When examining property taxes in Toledo, 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.
Assessment notices:
In Lucas County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Toledo.
For example, the median home price in Toledo is $88,300, with tax bills ranging significantly across the county. 43617 has the highest median home price at $265,250.
Property Tax Assessment Values Across Toledo, Lucas County, Ohio
Source: Ownwell
$41,100
$266,800
$492,500
Median Toledo Market Value
$88,300
Median Lucas County Market Value
$123,100
Median Ohio Market Value
$168,370
Median United States Market Value
$235,294
Property Tax Assessment Values Across Toledo, Lucas County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43605 | $22,100 | $31,000 | $41,100 | $54,600 | $66,800 |
| 43606 | $35,900 | $63,050 | $122,050 | $179,900 | $230,020 |
| 43609 | $20,900 | $28,500 | $44,500 | $64,300 | $76,800 |
| 43611 | $34,800 | $72,600 | $105,300 | $138,500 | $176,415 |
| 43612 | $21,780 | $57,700 | $75,400 | $94,800 | $116,620 |
| 43613 | $54,300 | $84,100 | $111,100 | $135,200 | $163,900 |
| 43614 | $87,910 | $111,000 | $144,500 | $186,400 | $232,680 |
| 43615 | $45,100 | $85,300 | $120,300 | $171,500 | $245,300 |
| 43617 | $142,360 | $199,325 | $265,250 | $335,950 | $414,000 |
| 43620 | $31,730 | $43,000 | $66,400 | $112,725 | $194,470 |
| 43623 | $91,700 | $112,600 | $147,400 | $224,600 | $340,000 |
| 43604 | N/A | N/A | N/A | N/A | N/A |
| 43607 | N/A | N/A | N/A | N/A | N/A |
| 43608 | N/A | N/A | N/A | N/A | N/A |
| 43610 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Toledo, Lucas County, Ohio
How are property tax bills calculated in Toledo?
Property tax bills in Toledo are based on the assessed value of a home, not its market price alone. Local taxing authorities apply tax rates to that assessed value to determine what a homeowner owes each year. Factors such as location, neighborhood, and the tax rates set by local governments all play a role in the final bill.
What affects homeowners most is how much their property is assessed for and where it is located within Lucas County. With a median home price of $88,300, tax bills can vary widely across the city. The 25th percentile tax bill is $683, while the 75th percentile tax bill is $1,819. For higher-value or more heavily taxed properties, the 90th percentile tax bill reaches $3,297.
Some areas see much higher bills than others, with the highest median tax bill at $2,997 in zip code 43617 and the lowest median tax bill at $594 in zip code 43605.
Median Toledo Tax Bill
$1,140
Median Lucas County Tax Bill
$1,452
Median Ohio Tax Bill
$2,789
Median United States Tax Bill
$2,400
Property Tax Bills Across Toledo, Lucas County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43605 | $263 | $406 | $594 | $1,008 | $4,992 |
| 43606 | $509 | $954 | $1,551 | $2,165 | $3,131 |
| 43609 | $285 | $434 | $684 | $1,029 | $4,130 |
| 43611 | $539 | $863 | $1,216 | $1,656 | $2,484 |
| 43612 | $308 | $637 | $850 | $1,103 | $1,672 |
| 43613 | $621 | $928 | $1,209 | $1,505 | $1,956 |
| 43614 | $918 | $1,177 | $1,545 | $2,026 | $2,550 |
| 43615 | $550 | $933 | $1,339 | $1,953 | $2,877 |
| 43617 | $1,590 | $2,193 | $2,997 | $3,821 | $4,781 |
| 43620 | $378 | $638 | $1,138 | $2,367 | $7,131 |
| 43623 | $953 | $1,194 | $1,580 | $2,483 | $3,861 |
| 43604 | N/A | N/A | N/A | N/A | N/A |
| 43607 | N/A | N/A | N/A | N/A | N/A |
| 43608 | N/A | N/A | N/A | N/A | N/A |
| 43610 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 31 |
Links | |
|---|---|
| Lucas Tax Assessor | |
| Website | icare.co.lucas.oh.us |