Washington Township, Montgomery County, Ohio Property Taxes

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

Median Washington Township, OH effective property tax rate: 2.57%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Washington Township, OH home value: $163,240
Median annual Washington Township, OH tax bill: $4,011, $1,611 higher than the national median property tax bill of $2,400.

How are property taxes in Montgomery County calculated?

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

Last Updated March 1, 2025

Washington Township, Montgomery County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.57%

Estimate Property Tax Bill

$4,195

$3,893

Ownwell’s Washington Township Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Washington Township with just two data points. By entering your property's estimated assessed value, our calculator applies Washington Township’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 Washington Township, Montgomery County, Ohio

Local government entities set tax rates, which can vary widely within a state. This variation is due to the fact that each county annually estimates 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Washington Township in Montgomery County, Ohio, presents an interesting case for property tax rates. The effective property tax rate here is notably higher than the national median of 1.02%. This rate reflects the county's budgetary needs and the value of taxable properties within its borders. When compared to other cities in Ohio, Washington Township's rate is among the highest in the state. The township's rate also surpasses the national median property tax bill, highlighting the regional differences in tax burdens. Understanding these nuances is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Washington Township, 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 Washington Township Tax Rate

2.57%

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 Washington Township, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45458	2.17%	2.56%	2.57%	2.57%	2.62%
45459	2.23%	2.56%	2.56%	2.56%	2.62%

Source: Ownwell

Property Tax Assessment Values Across Washington Township, Montgomery County, Ohio

When examining property taxes in Washington Township, 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.

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 Washington Township. For example, the median home price in Washington Township is $163,240, with tax bills ranging significantly across the county. Zip code 45459 has the highest median home price at $186,530.

Property Tax Assessment Values Across Washington Township, Montgomery County, Ohio

Source: Ownwell

$4,930

$124,385

$243,840

Median Washington Township Market Value

$163,240

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 Washington Township, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45458	$123,850	$134,540	$153,990	$172,245	$183,088
45459	$172,067	$177,702	$186,530	$205,002	$219,117

Source: Ownwell

Property Tax Bills Across Washington Township, Montgomery County, Ohio

In Washington Township, Montgomery County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Local tax rates are applied to this assessed value to determine the tax bill. Factors like local government budgets and school district funding needs influence these tax rates. Homeowners in Washington Township face property tax bills that can be significant, with the median tax bill in the area reaching $4,742, notably higher than the national median of $2,400. This can be a burden for homeowners, impacting their overall financial health.

Ownwell offers services to help homeowners reduce their property tax bills by appealing inaccurate assessments and ensuring they benefit from applicable exemptions. By leveraging expertise and local knowledge, Ownwell can assist homeowners in potentially lowering their tax liabilities. This not only helps in managing expenses but also ensures that homeowners pay a fair amount based on the true value of their property.

Property Tax Bills Across Washington Township, Montgomery County, Ohio

Source: Ownwell

$140

$3,884

$7,628

Median Washington Township Tax Bill

$4,011

Median Montgomery County Tax Bill

$2,435

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Washington Township, Montgomery County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45458	$3,000	$3,351	$3,799	$4,417	$4,659
45459	$4,139	$4,506	$4,742	$4,831	$5,614

Source: Ownwell