Union, Montgomery County, Ohio Property Taxes

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

Median Union, OH effective property tax rate: 2.88%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Union, OH home value: $166,690
Median annual Union, OH tax bill: $4,739, $2,339 higher than the national median property tax bill of $2,400.

How are property taxes in Montgomery calculated?

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

Last Updated March 1, 2025

Union, Montgomery County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.88%

Estimate Property Tax Bill

$4,801

$4,455

Ownwell’s Union Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Union with just two data points.

By entering your property's estimated assessed value, our calculator applies Union’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 Montgomery County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Union, Montgomery County, Ohio

Local government entities set tax rates, which can vary widely within a state. Each county determines its required budget to provide essential 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 Union, located in Montgomery County, Ohio, property tax rates reflect this system. Union's effective property tax rate can be compared to other cities in Ohio and the median property tax rates in the state and the U.S. Ohio's median property tax rate is notably higher than the national median of 1.02%. Within Montgomery County, the highest median tax rate is found in the 45322 zip code, while the lowest is in the 45377 zip code. Understanding these variations can help property owners in Union make informed decisions and potentially save on their property tax bills.

Property Tax Rates Across Union, Montgomery County, Ohio

Source: Ownwell

1.27%

2.33%

3.39%

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 Union Tax Rate

2.88%

Median Effective Montgomery County Tax Rate

2.62%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Union, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45322	2.42%	2.92%	3.08%	3.14%	3.15%
45377	2.71%	2.87%	2.87%	2.88%	2.89%

Source: Ownwell

Property Tax Assessment Values Across Union, Montgomery County, Ohio

When examining property taxes in Union, 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 sends assessment notices 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 Union. For example, the median home price in Union is $166,690, with tax bills ranging significantly across the county. Zip code 45377 has the highest median home price at $217,655.

Property Tax Assessment Values Across Union, Montgomery County, Ohio

Source: Ownwell

$4,930

$124,385

$243,840

Median Union Market Value

$166,690

Median Montgomery County Market Value

$98,910

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Union, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45322	$74,165	$90,352	$110,160	$134,240	$171,797
45377	$150,815	$181,152	$217,655	$259,490	$294,075

Source: Ownwell

Property Tax Bills Across Union, Montgomery County, Ohio

In Union, located in Montgomery County, OH, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. Homeowners in this city experience a wide range of tax bills, with the 25th percentile at $3,241 and the 75th percentile reaching $6,500. These figures highlight a significant variation in tax obligations, influenced by factors such as property location, size, and improvements. Compared to the national median property tax bill of $2,400, Union's tax bills are notably higher, reflecting regional economic conditions and local government funding needs. For homeowners, this can mean a substantial portion of their budget goes towards property taxes, impacting their overall financial planning. Ownwell offers a solution by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay their fair share. This service can lead to considerable savings, alleviating the financial burden on Union homeowners.

Property Tax Bills Across Union, Montgomery County, Ohio

Source: Ownwell

$140

$3,884

$7,628

Median Union Tax Bill

$4,739

Median Montgomery County Tax Bill

$2,435

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Union, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45322	$2,118	$2,548	$3,310	$4,199	$5,056
45377	$3,884	$5,060	$6,249	$7,450	$8,394

Source: Ownwell