Portland, Meigs County, Ohio Property Taxes
Median PORTLAND, OH effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median PORTLAND, OH home value: $25,980
Median annual PORTLAND, OH tax bill: $313, $2,087 lower than the national median property tax bill of $2,400.
How are property taxes in Meigs calculated?
Property taxes in PORTLAND, 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 PORTLAND’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in PORTLAND, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Portland, Meigs County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.26%
Estimate Property Tax Bill
$327
$304
Property Tax Rates Across Portland, Meigs County, Ohio
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 Portland Tax Rate
1.26%
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 Meigs County Tax Rate
1.16%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Portland, Meigs County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45770 | 0.90% | 1.23% | 1.26% | 1.26% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Portland, Meigs County, Ohio
When examining property taxes in Portland, 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 Meigs 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 Meigs 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 Portland. For example, the median home price in Portland is $25,980, with tax bills ranging significantly across the county. Zip code 45770 has the highest median home price at $25,980.
Property Tax Assessment Values Across Portland, Meigs County, Ohio
Source: Ownwell
$25,980
$56,735
$87,490
Median Portland Market Value
$25,980
Median Meigs County Market Value
$39,810
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Portland, Meigs County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45770 | $2,737 | $9,298 | $25,980 | $67,332 | $119,612 |
Source: Ownwell
Property Tax Bills Across Portland, Meigs County, Ohio
In Portland, Meigs County, OH, property tax bills are calculated by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the market value, determined by the county assessor. Homeowners in Portland face a median property tax bill of $313, which is significantly lower than the national median of $2,400. Various factors, such as property location, size, and improvements, influence the assessed value. The tax bill can vary, with the 25th percentile at $107 and the 90th percentile reaching $1,411, indicating a broad range depending on property specifics.
For homeowners, these taxes can represent a substantial expense, impacting their overall financial health. Ownwell offers a solution by providing property tax appeal services, potentially lowering the tax burden. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners challenge over-assessments, ensuring they pay only their fair share. This service can lead to significant savings, making property ownership in Portland more affordable.
Median Portland Tax Bill
$313
Median Meigs County Tax Bill
$451
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Portland, Meigs County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
45770 | $38 | $107 | $313 | $817 | $1,411 |
Source: Ownwell