New Lebanon, Montgomery County, Ohio Property Taxes
Property Taxes in New Lebanon, Ohio
Median New Lebanon, Ohio effective property tax rate: 2.00%, significantly higher than the national median of 1.02%, and higher than the Ohio state median of 1.60%.
Median New Lebanon, Ohio home value: $118,380
Median annual New Lebanon, Ohio tax bill: $2,322, $78 lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery County calculated?
Property taxes in New Lebanon, 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 New Lebanon's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Lebanon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
New Lebanon, Montgomery County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2%
Estimate Property Tax Bill
$2,368
$2,197
How Does the New Lebanon Property Tax Calculator Work?
Use this New Lebanon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies New Lebanon's median effective tax rate of 2.00% — 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 New Lebanon'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 New Lebanon: rates are 2.00% in 45345, 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 New Lebanon.
About New Lebanon Property Taxes
About Property Taxes in New Lebanon, Montgomery, Ohio
New Lebanon’s median effective property tax rate of 2.00% 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 New Lebanon. Homeowners in the 45345 ZIP code carry a median effective rate of 2.00%, while those in the same ZIP code pay 2.00%. This spread shows how school district boundaries and local assessment districts are drawn across Montgomery County. Understanding which part of New Lebanon you live in can make a meaningful difference to your annual tax bill.
New Lebanon homeowners who believe their assessed value is too high can file a formal appeal with the 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 New Lebanon, 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 New Lebanon'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 New Lebanon Tax Rate
2.00%
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
1.02%
Property Tax Rates Across New Lebanon, Montgomery County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45345 | 1.53% | 1.69% | 2.00% | 2.04% | 2.12% |
Source: Ownwell
Property Tax Assessment Values Across New Lebanon, Montgomery County, Ohio
When examining property taxes in New Lebanon, 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 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 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 New Lebanon.
For example, the median home price in New Lebanon is $118,380, with tax bills ranging significantly across the county. 45345 has the highest median home price at $118,380.
Property Tax Assessment Values Across New Lebanon, Montgomery County, Ohio
Source: Ownwell
$7,515
$166,663
$325,810
Median New Lebanon Market Value
$118,380
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 New Lebanon, Montgomery County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45345 | $74,064 | $100,950 | $118,380 | $161,720 | $235,494 |
Source: Ownwell
Property Tax Bills Across New Lebanon, Montgomery County, Ohio
Property tax bills in New Lebanon are based on the assessed value of a home and the local tax rate set by taxing authorities. For homeowners, the bill is calculated by applying that rate to the property’s assessed market value, so changes in value can directly affect what is owed each year.
The median home price in New Lebanon is $118,380, and the median property tax bill is $2,322, which is close to the national median property tax bill of $2,400. That means many homeowners here pay amounts that are near the U.S. median, though individual bills can vary widely depending on the home’s value and the local rate.
In New Lebanon, property tax bills commonly range from $1,910 at the 25th percentile to $3,008 at the 75th percentile, with the 90th percentile reaching $4,091. This can have a meaningful impact on monthly housing costs and overall affordability for homeowners.
Median New Lebanon Tax Bill
$2,322
Median Montgomery County Tax Bill
$2,796
Median Ohio Tax Bill
$2,789
Median United States Tax Bill
$2,400
Property Tax Bills Across New Lebanon, Montgomery County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45345 | $1,470 | $1,910 | $2,322 | $3,008 | $4,091 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 31 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | www.mcrealestate.org |