Kenton, Marion County, Ohio Property Taxes
Median Kenton, OH effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Kenton, OH home value: $208,460
Median annual Kenton, OH tax bill: $2,187, $213 lower than the national median property tax bill of $2,400.
How are property taxes in Marion calculated?
Property taxes in Kenton, 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 Kenton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kenton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kenton, Marion County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$2,397
$2,225
Property Tax Rates Across Kenton, Marion County, Ohio
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs 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. This calculation results in the property tax rate. Although votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Kenton, located in Hardin County, Ohio, property tax rates reflect this standard procedure. When comparing Kenton’s effective property tax rate to other cities in Ohio, it is evident that local rates can differ. In Ohio, the median property tax rate is 1.15%, which is above the national median of 1.02%. Kenton’s rate aligns with the county's highest and lowest rates, both at 1.15%, indicating a uniform approach within the area.
Understanding these rates within a broader context highlights how local governance impacts property taxes, emphasizing the importance of localized assessments and budgetary needs in determining tax obligations.
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 Kenton Tax Rate
1.15%
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 Marion County Tax Rate
1.35%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kenton, Marion County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43326 | 1.01% | 1.14% | 1.15% | 1.16% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Kenton, Marion County, Ohio
When examining property taxes in Kenton, OH, 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 Marion 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 Marion 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 Kenton.
For example, the median home price in Kenton is $208,460, with tax bills ranging significantly across the county. The zip code 43326 has the highest median home price at $208,460.
Property Tax Assessment Values Across Kenton, Marion County, Ohio
Source: Ownwell
$90,060
$149,260
$208,460
Median Kenton Market Value
$208,460
Median Marion County Market Value
$101,515
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kenton, Marion County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43326 | $138,149 | $173,655 | $208,460 | $256,428 | $300,899 |
Source: Ownwell
Property Tax Bills Across Kenton, Marion County, Ohio
In Kenton, OH, property tax bills are determined by assessing the value of a home and applying the appropriate tax rate. The assessed value is typically a percentage of the market value, and this figure is crucial in calculating the tax bill. Factors such as property location, size, and improvements can influence the assessed value. Homeowners in Kenton often face tax bills around $2,187, which is below the national median of $2,400. However, this can vary significantly, with some paying as low as $1,976 or as high as $3,483.
For homeowners, these tax bills can represent a substantial financial burden, impacting monthly budgets and long-term financial planning. This is where Ownwell steps in to offer assistance. By providing expert property tax appeal and exemption services, Ownwell helps homeowners identify potential savings. Our team reviews assessments to ensure accuracy and fairness, potentially lowering tax bills and easing the financial strain on property owners. With Ownwell, homeowners can confidently navigate the complexities of property taxes and maximize their savings.
Median Kenton Tax Bill
$2,187
Median Marion County Tax Bill
$1,434
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Kenton, Marion County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43326 | $1,603 | $1,976 | $2,187 | $3,106 | $3,483 |
Source: Ownwell