Plain City, Madison County, Ohio Property Taxes

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

Median Plain City, OH effective property tax rate: 1.82%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Plain City, OH home value: $213,370
Median annual Plain City, OH tax bill: $4,128, $1,728 higher than the national median property tax bill of $2,400.

How are property taxes in Madison calculated?

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

Last Updated March 1, 2025

Plain City, Madison County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.82%

Estimate Property Tax Bill

$3,883

$3,604

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

Property Tax Rates Across Plain City, Madison County, Ohio

Local government entities set tax rates, which can vary widely within a state. This variation arises because each county annually estimates its required budget to provide services, dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Plain City in Madison 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 1.82% stands out significantly higher. This difference underscores the importance of understanding local tax obligations when purchasing or owning property. For residents and potential buyers in Plain City, being aware of how these rates compare to other cities in Ohio and the U.S. can provide valuable insight into the financial commitments involved.

Property Tax Rates Across Plain City, Madison County, Ohio

Source: Ownwell

1.37%

1.76%

2.15%

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 Plain City Tax Rate

1.82%

Median Effective Madison County Tax Rate

1.59%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Plain City, Madison County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
43064	1.54%	1.61%	1.82%	1.90%	2.07%

Source: Ownwell

Property Tax Assessment Values Across Plain City, Madison County, Ohio

When examining property taxes in Plain City, 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 Madison 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 Madison 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 Plain City. For example, the median home price in Plain City is $213,370, with tax bills ranging significantly across the county. Zip code 43064 has the highest median home price at $213,370.

Property Tax Assessment Values Across Plain City, Madison County, Ohio

Source: Ownwell

$78,580

$165,693

$252,805

Median Plain City Market Value

$213,370

Median Madison County Market Value

$142,200

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Plain City, Madison County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
43064	$10,000	$98,578	$213,370	$301,995	$366,910

Source: Ownwell

Property Tax Bills Across Plain City, Madison County, Ohio

In Plain City, located in Madison County, OH, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. The median home price in Plain City is $213,370, leading to various tax bills across different percentiles. For instance, the tax bill for the 25th percentile is $2,147, while the 75th percentile reaches $5,275, and the 90th percentile is $6,291. The median property tax bill in this region is notably higher than the national median, which stands at $2,400. This difference can significantly impact homeowners, especially those in higher tax brackets. Homeowners can benefit from Ownwell's expertise in property tax appeals and exemptions. By leveraging local market insights and expert knowledge, Ownwell can help homeowners potentially lower their tax bills, ensuring they do not overpay and can allocate savings elsewhere.

Property Tax Bills Across Plain City, Madison County, Ohio

Source: Ownwell

$1,109

$2,869

$4,629

Median Plain City Tax Bill

$4,128

Median Madison County Tax Bill

$2,428

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Plain City, Madison County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
43064	$219	$2,147	$4,128	$5,275	$6,291

Source: Ownwell