Property Taxes in Centerville, Ohio
Median Centerville, Ohio effective property tax rate: 2.04%, significantly higher than the national median of 1.02%, and higher than the Ohio state median of 1.60%.
Median Centerville, Ohio home value: $210,980
Median annual Centerville, Ohio tax bill: $4,292, $1,892 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Centerville, 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 Centerville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Centerville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Centerville Property Tax Calculator Work?
Use this Centerville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Centerville's median effective tax rate of 2.04% — based on actual property records in Montgomery 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 Centerville'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 Centerville: rates range from $4,054 in 45459 to $4,331 in 45458, 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 Centerville.
About Centerville Property Taxes
About Property Taxes in Centerville, Montgomery, Ohio
Centerville’s median effective property tax rate of 2.04% is higher than the Ohio state median of 1.60% and higher than the national median of 1.02%. This rate reflects the Montgomery 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 Centerville. Homeowners in the 45459 ZIP code carry a median effective rate of 2.04%, while those in 45458 pay 2.03%. This spread — 0.01 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Montgomery County. Understanding which part of Centerville you live in can make a meaningful difference to your annual tax bill.
Centerville homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Centerville, Montgomery 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 Centerville'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 Centerville Tax Rate
2.04%
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 Montgomery County Tax Rate
2.04%
Median Effective Ohio Tax Rate
1.60%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Centerville, Montgomery County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45458 | 1.89% | 2.03% | 2.03% | 2.04% | 2.08% |
| 45459 | 1.81% | 2.01% | 2.04% | 2.14% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Centerville, Montgomery County, Ohio
When examining property taxes in Centerville, 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 Montgomery 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 Montgomery 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 Centerville.
For example, the median home price in Centerville is $210,980, with tax bills ranging significantly across the county. 45458 has the highest median home price at $212,860.
Property Tax Assessment Values Across Centerville, Montgomery County, Ohio
Source: Ownwell
$7,515
$166,663
$325,810
Median Centerville Market Value
$210,980
Median Montgomery County Market Value
$139,400
Median Ohio Market Value
$168,370
Median United States Market Value
$274,101
Property Tax Assessment Values Across Centerville, Montgomery County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45458 | $129,528 | $187,960 | $212,860 | $244,230 | $289,702 |
| 45459 | $50,134 | $172,248 | $202,420 | $328,998 | $440,192 |
Source: Ownwell
Property Tax Bills Across Centerville, Montgomery County, Ohio
Property tax bills in Centerville are based on the assessed value of a home and the local tax rate set by taxing authorities in Montgomery County. The bill is calculated by applying the tax rate to the assessed value, so homes with higher assessed values generally face higher tax bills. Factors such as location, neighborhood, and any changes in market value can influence the amount a homeowner pays.
For Centerville homeowners, the median home price is $210,980, and the median tax bill is $4,331 in ZIP code 45458 and $4,054 in ZIP code 45459. The 25th percentile tax bill is $3,484, while the 75th percentile is $5,209 and the 90th percentile reaches $6,659. Compared with the national median property tax bill of $2,400, Centerville homeowners often pay more, which can make property taxes a significant part of annual housing costs.
Median Centerville Tax Bill
$4,292
Median Montgomery County Tax Bill
$2,796
Median Ohio Tax Bill
$2,789
Median United States Tax Bill
$3,209
Property Tax Bills Across Centerville, Montgomery County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45458 | $2,689 | $3,573 | $4,331 | $5,021 | $5,642 |
| 45459 | $1,018 | $3,537 | $4,054 | $6,831 | $9,333 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 31 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | www.mcrealestate.org |