Ashley, Morrow County, Ohio Property Taxes
Median ASHLEY, OH effective property tax rate: 1.60%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median ASHLEY, OH home value: $110,400
Median annual ASHLEY, OH tax bill: $1,814, $586 lower than the national median property tax bill of $2,400.
How are property taxes in Morrow calculated?
Property taxes in ASHLEY, 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 ASHLEY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ASHLEY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ashley, Morrow County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.6%
Estimate Property Tax Bill
$1,766
$1,639
Property Tax Rates Across Ashley, Morrow County, Ohio
Local government entities set tax rates, which can vary widely within a state. 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 Ashley’s effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S.
Ashley, located in Morrow County, has a median property tax rate of 1.60%, which is significantly higher than the national median of 1.02%. This places Ashley's rate at the higher end of the spectrum in comparison to the national average. Homeowners in Ashley may find their property tax bills higher than the national median of $2,400, reflecting the local government's budgetary needs and the total assessed value of properties within the area. Understanding these rates can help property owners make informed decisions about tax appeals and exemptions.
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 Ashley Tax Rate
1.60%
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 Morrow County Tax Rate
1.58%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ashley, Morrow County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43003 | 1.29% | 1.55% | 1.60% | 1.65% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Ashley, Morrow County, Ohio
When examining property taxes in Ashley, 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 Morrow 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.
In Morrow 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 Ashley.
For example, the median home price in Ashley is $110,400, with tax bills ranging significantly across the county. Zip code 43003 has the highest median home price at $110,400.
Property Tax Assessment Values Across Ashley, Morrow County, Ohio
Source: Ownwell
$41,500
$99,850
$158,200
Median Ashley Market Value
$110,400
Median Morrow County Market Value
$98,100
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ashley, Morrow County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43003 | $14,850 | $68,400 | $110,400 | $173,625 | $255,950 |
Source: Ownwell
Property Tax Bills Across Ashley, Morrow County, Ohio
In Ashley, located in Morrow County, Ohio, property tax bills are calculated based on the assessed value of a home. The county applies a tax rate to this assessed value to determine the annual tax bill. Several factors influence these calculations, including the property's location, size, and condition. Homeowners in Ashley face a median property tax bill of $1,814, which is below the national median of $2,400. This lower tax bill can provide some relief to homeowners, but there is still room for potential savings.
Ownwell offers services to help homeowners in Ashley reduce their property tax bills. By assisting with property tax appeals and exemptions, Ownwell ensures that homeowners are not overpaying. Our team of experts reviews property assessments and identifies opportunities for adjustments, ensuring that taxes are fair and accurate. By partnering with Ownwell, homeowners can potentially lower their tax bills, keeping more money in their pockets while ensuring compliance with local tax regulations.
Median Ashley Tax Bill
$1,814
Median Morrow County Tax Bill
$1,602
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Ashley, Morrow County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43003 | $316 | $1,141 | $1,814 | $2,643 | $3,888 |
Source: Ownwell