Richmond Dale, Ross County, Ohio Property Taxes

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

Median Richmond Dale, OH effective property tax rate: 1.32%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Richmond Dale, OH home value: $54,800
Median annual Richmond Dale, OH tax bill: $731, $1,669 lower than the national median property tax bill of $2,400.

How are property taxes in Ross calculated?

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

Last Updated March 1, 2025

Richmond Dale, Ross County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.32%

Estimate Property Tax Bill

$723

$671

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

By entering your property's estimated assessed value, our calculator applies Richmond Dale’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 Ross County.

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

Property Tax Rates Across Richmond Dale, Ross 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 Richmond Dale’s effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S. Richmond Dale, located in Ross County, has an effective property tax rate of 1.32%, which is higher than the national median of 1.02%. This rate indicates that homeowners in Richmond Dale may have higher property tax bills compared to the national average. The median property tax rate in Ohio is also at 1.32%, reflecting Richmond Dale's alignment with the state's average. Understanding these rates can help property owners in Richmond Dale make informed decisions about their property taxes.

Property Tax Rates Across Richmond Dale, Ross County, Ohio

Source: Ownwell

1.17%

1.25%

1.32%

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 Richmond Dale Tax Rate

1.32%

Median Effective Ross County Tax Rate

1.29%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Richmond Dale, Ross County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45673	0.96%	1.24%	1.32%	1.49%	1.91%

Source: Ownwell

Property Tax Assessment Values Across Richmond Dale, Ross County, Ohio

When examining property taxes in Richmond Dale, 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 Ross 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: In Ross 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 Richmond Dale. For example, the median home price in Richmond Dale is $54,800, with tax bills ranging significantly across the county. 45673 has the highest median home price at $54,800.

Property Tax Assessment Values Across Richmond Dale, Ross County, Ohio

Source: Ownwell

$37,830

$170,080

$302,330

Median Richmond Dale Market Value

$54,800

Median Ross County Market Value

$96,810

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Richmond Dale, Ross County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45673	$9,600	$23,725	$54,800	$84,905	$114,205

Source: Ownwell

Property Tax Bills Across Richmond Dale, Ross County, Ohio

In Richmond Dale, located in Ross County, OH, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $54,800, the tax bill can vary significantly depending on the specific property and its assessed value. Homeowners in this region typically encounter tax bills ranging from $370 at the 25th percentile to $1,525 at the 90th percentile. The median tax bill in the area is $731, which is significantly lower than the national median property tax bill of $2,400. This offers a relatively affordable tax environment for homeowners. However, these bills can still be a financial burden for some. Ownwell steps in to assist homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging their expertise, Ownwell ensures homeowners pay only their fair share, potentially reducing their annual tax burden. This service can be particularly beneficial for those who find themselves at the higher end of the tax spectrum within Richmond Dale.

Property Tax Bills Across Richmond Dale, Ross County, Ohio

Source: Ownwell

$353

$1,528

$2,702

Median Richmond Dale Tax Bill

$731

Median Ross County Tax Bill

$1,236

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Richmond Dale, Ross County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45673	$148	$370	$731	$1,120	$1,525

Source: Ownwell