Houghton, Montgomery County, Ohio Property Taxes

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

Median Houghton, OH effective property tax rate: 2.69%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Houghton, OH home value: $30,685
Median annual Houghton, OH tax bill: $825, $1,575 lower than the national median property tax bill of $2,400.

How are property taxes in Montgomery calculated?

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

Last Updated March 1, 2025

Houghton, Montgomery County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.1%

Estimate Property Tax Bill

$465

$431

Ownwell’s Houghton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Houghton with just two data points. By entering your property's estimated assessed value, our calculator applies Houghton’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 39113. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Houghton, Montgomery County, Ohio

Local government entities set tax rates, which can vary widely within a state. 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 play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Houghton, located in Portage County, Ohio, the effective property tax rate is 1.68%, which is considerably higher than the national median of 1.02%. The median property tax bill in Houghton is $2,817, surpassing the national median of $2,400. Compared to other cities in Ohio, Houghton's tax rate is quite competitive. Ohio's median property tax rate is 1.36%, making Houghton's rate notably higher.

This comparison illustrates the significant variation in property tax rates within Ohio and highlights the importance of understanding local tax obligations. By being informed about your property tax rate, you can better manage your finances and explore potential savings through tax appeal and exemption services.

Property Tax Rates Across Houghton, Montgomery County, Ohio

Source: Ownwell

1.66%

2.14%

2.62%

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 Houghton Tax Rate

2.10%

Median Effective Montgomery County Tax Rate

2.04%

Median Effective Ohio Tax Rate

1.60%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Houghton, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
49931	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Houghton, Montgomery County, Ohio

When examining property taxes in Houghton, 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: Montgomery 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 Houghton. For example, the median home price in Houghton is $30,685, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Houghton, Montgomery County, Ohio

Source: Ownwell

$7,515

$166,663

$325,810

Median Houghton Market Value

$22,120

Median Montgomery County Market Value

$139,400

Median Ohio Market Value

$168,370

Median United States Market Value

$235,294

Property Tax Assessment Values Across Houghton, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
49931	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Houghton, Montgomery County, Ohio

In Houghton, located in Montgomery County, Ohio, property tax bills are a significant consideration for homeowners. The tax bill is determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value. In this region, the median home price is $30,685, which is considerably lower than the national median. Property taxes in Houghton can vary widely, with the 25th percentile tax bill at $667 and the 75th percentile reaching $982. This range highlights the variability in tax obligations based on property values and local rates, which can significantly impact homeowners' finances.

Ownwell offers a solution for homeowners seeking to reduce their property tax bills. By leveraging expertise in property tax appeals, Ownwell assists homeowners in challenging inaccurate assessments, potentially leading to lower tax obligations. This service can be particularly beneficial in areas like Houghton, where understanding the nuances of property valuation and tax assessment can result in substantial savings.

Property Tax Bills Across Houghton, Montgomery County, Ohio

Source: Ownwell

$146

$4,015

$7,883

Median Houghton Tax Bill

$464

Median Montgomery County Tax Bill

$2,796

Median Ohio Tax Bill

$2,789

Median United States Tax Bill

$2,400

Property Tax Bills Across Houghton, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
49931	N/A	N/A	N/A	N/A	N/A

Source: Ownwell