Lowellville, Mahoning County, Ohio Property Taxes
Median Lowellville, OH effective property tax rate: 1.66%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Lowellville, OH home value: $82,850
Median annual Lowellville, OH tax bill: $1,520, $880 lower than the national median property tax bill of $2,400.
How are property taxes in Mahoning calculated?
Property taxes in Lowellville, 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 Lowellville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lowellville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lowellville, Mahoning County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.66%
Estimate Property Tax Bill
$1,375
$1,276
Property Tax Rates Across Lowellville, Mahoning County, Ohio
Local government entities set tax rates, and these can vary widely within Ohio. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Lowellville, located in Mahoning County, the effective property tax rate is a reflection of this process. When compared to other cities in Ohio, Lowellville's rate is notable. The median property tax rate in Ohio is higher than the national median, which stands at 1.02%. Residents in Lowellville experience a tax rate that aligns with the state's median, indicating a consistent approach to property taxation within the region.
Understanding these rates is crucial for property owners, as they directly impact annual tax bills. In Lowellville, the property tax rate is a key consideration for homeowners and potential buyers alike, as it influences overall affordability and long-term financial planning.
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 Lowellville Tax Rate
1.66%
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 Mahoning County Tax Rate
1.98%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lowellville, Mahoning County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44436 | 1.39% | 1.42% | 1.66% | 2.06% | 2.74% |
Source: Ownwell
Property Tax Assessment Values Across Lowellville, Mahoning County, Ohio
When examining property taxes in Lowellville, 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 Mahoning 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.
Assessment notices: In Mahoning 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 Lowellville. For example, the median home price in Lowellville is $82,850, with tax bills ranging significantly across the county. Zip code 44436 has the highest median home price at $82,850.
Property Tax Assessment Values Across Lowellville, Mahoning County, Ohio
Source: Ownwell
$16,915
$99,008
$181,100
Median Lowellville Market Value
$82,850
Median Mahoning County Market Value
$80,890
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lowellville, Mahoning County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44436 | $31,941 | $54,540 | $82,850 | $130,468 | $200,395 |
Source: Ownwell
Property Tax Bills Across Lowellville, Mahoning County, Ohio
Median Lowellville Tax Bill
$1,520
Median Mahoning County Tax Bill
$1,534
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Lowellville, Mahoning County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44436 | $470 | $835 | $1,520 | $2,588 | $3,763 |
Source: Ownwell