Farmersville, Preble County, Ohio Property Taxes

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

Median Farmersville, OH effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Farmersville, OH home value: $128,000
Median annual Farmersville, OH tax bill: $1,630, $770 lower than the national median property tax bill of $2,400.

How are property taxes in Preble County calculated?

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

Last Updated March 1, 2025

Farmersville, Preble County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.98%

Estimate Property Tax Bill

$1,254

$1,164

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

Property Tax Rates Across Farmersville, Preble County, Ohio

Local government entities set tax rates, leading to significant variation within Ohio. This variation arises because each county annually estimates its budgetary needs for public services and divides this by the total assessed value of all taxable properties in the area. This process determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this calculation is the essence of the annual procedure. In Farmersville, located in Preble County, the effective property tax rate provides an interesting comparison to other cities in Ohio and the broader U.S. context. Ohio's median property tax rate is 1.36%, slightly above the national median of 1.02%. However, Preble County's rate is 0.98%, which is lower than both the state and national medians. This lower rate can offer significant savings for property owners in Farmersville compared to other regions. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Farmersville, Preble County, Ohio

Source: Ownwell

1.22%

1.63%

2.04%

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 Farmersville Tax Rate

0.98%

Median Effective Preble County Tax Rate

1.43%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Farmersville, Preble County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45325	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Farmersville, Preble County, Ohio

When examining property taxes in Farmersville, OH, 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 Preble 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 Preble County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Farmersville. For example, the median home price in Farmersville is $128,000, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Farmersville, Preble County, Ohio

Source: Ownwell

$54,400

$103,550

$152,700

Median Farmersville Market Value

$128,000

Median Preble County Market Value

$108,300

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Farmersville, Preble County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45325	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Farmersville, Preble County, Ohio

In Farmersville, Preble County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. With the median home price at $128,000, homeowners in this area can expect property tax bills to vary significantly. For instance, the 25th percentile tax bill is $1,202, while the 75th percentile reaches $1,974, and the 90th percentile goes up to $2,007. These figures highlight the variability in tax bills, influenced by factors such as property location, size, and improvements. Compared to the national median property tax bill of $2,400, Farmersville's tax bills can be more affordable for many homeowners.

Ownwell offers a valuable service to homeowners by helping them appeal their property tax assessments, potentially leading to significant savings. By leveraging expertise in local tax regulations and market conditions, Ownwell can identify discrepancies in assessed values and file appeals on behalf of homeowners. This process not only reduces tax burdens but also ensures that homeowners are paying a fair amount based on their property's true value.

Property Tax Bills Across Farmersville, Preble County, Ohio

Source: Ownwell

$789

$1,537

$2,285

Median Farmersville Tax Bill

$1,630

Median Preble County Tax Bill

$1,629

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Farmersville, Preble County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45325	N/A	N/A	N/A	N/A	N/A

Source: Ownwell