Rockford, Van Wert County, Ohio Property Taxes
Median ROCKFORD, OH effective property tax rate: 1.61%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median ROCKFORD, OH home value: $112,940
Median annual ROCKFORD, OH tax bill: $1,749, $651 lower than the national median property tax bill of $2,400.
How are property taxes in Van Wert calculated?
Property taxes in ROCKFORD, 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 ROCKFORD’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ROCKFORD, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rockford, Van Wert County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.61%
Estimate Property Tax Bill
$1,818
$1,687
Ownwell’s Rockford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Rockford with just two data points.
By entering your property's estimated assessed value, our calculator applies Rockford’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 Van Wert County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Rockford, Van Wert County, Ohio
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This process, though influenced by votes and laws, is conducted annually.
Rockford in Van Wert County, Ohio, has an effective property tax rate that provides a unique perspective on property taxes within the state. With Ohio's median property tax rate at 1.61%, it's notably higher than the national median of 1.02%. This difference emphasizes the variation in tax rates across the United States.
For homeowners in Rockford, understanding how these rates compare to both state and national figures is crucial. The effective property tax rate in Rockford not only reflects the local government's budgetary needs but also highlights the importance of evaluating property tax rates when considering real estate investments. By comparing Rockford’s rates to other cities in Ohio and the national median, property owners can make informed decisions about their investments and potential tax liabilities.
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 Rockford Tax Rate
1.61%
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 Van Wert County Tax Rate
1.51%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rockford, Van Wert County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45882 | 0.92% | 1.44% | 1.61% | 1.72% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Rockford, Van Wert County, Ohio
When examining property taxes in Rockford, 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 Van Wert 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 Van Wert 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 Rockford. For example, the median home price in Rockford is $112,940, with tax bills ranging significantly across the county. Zip code 45882 has the highest median home price at $112,940.
Property Tax Assessment Values Across Rockford, Van Wert County, Ohio
Source: Ownwell
$42,660
$77,800
$112,940
Median Rockford Market Value
$112,940
Median Van Wert County Market Value
$87,060
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rockford, Van Wert County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45882 | $67,532 | $86,830 | $112,940 | $153,570 | $202,288 |
Source: Ownwell
Property Tax Bills Across Rockford, Van Wert County, Ohio
In Rockford, Ohio, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With a median home price of $112,940, Rockford's property tax bills can vary significantly. For example, the 25th percentile tax bill is $1,312, while the 75th percentile reaches $2,504, and the 90th percentile climbs to $3,207. These figures illustrate the range of property tax burdens homeowners face, influenced by factors such as property value assessments and local tax rates. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Rockford's tax situation presents both opportunities and challenges for its residents.
Homeowners in Rockford can benefit from Ownwell’s expertise in property tax appeals and exemptions. By reviewing property assessments and identifying potential discrepancies, Ownwell helps ensure homeowners aren't overpaying. This service can lead to significant savings, making the financial burden of property taxes more manageable. With Ownwell’s assistance, homeowners can navigate the complexities of property tax calculations with confidence.
Median Rockford Tax Bill
$1,749
Median Van Wert County Tax Bill
$1,320
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Rockford, Van Wert County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 45882 | $881 | $1,312 | $1,749 | $2,504 | $3,207 |
Source: Ownwell