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Cincy Reporter

Monday, October 7, 2024

Analysis: Hamilton County effective property tax rate were lighter than the national average in Q1 2023

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Property owners in Hamilton County paid 0.8% of the value of their homes in property taxes in the first quarter of 2023, which is less than 0.8 times the national average, according to the real estate analysis posted by the Cincy Reporter.

The median sales price of a Hamilton County home in the first quarter of 2023 was $190,250, based on data from the 1,834 properties sold during that time. In 2021 the median tax bill for the county was $1,598, which is 0.8% of the median value of the homes that were taxed.

This is 0.8 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Hamilton County real estate data showed homeowners in North Bend and Dent paid the highest rates.

The following table compares North Bend with some other cities belonging to Hamilton County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2023.

CityQ1 2023 SalesQ1 2023 Median PriceMedian tax 2023Effective tax rate
North Bend3$110,000$2,7412.5%
Dent17$115,000$1,8871.6%
Golf Manor9$100,000$1,3741.4%
Colerain Township20$172,750$2,4931.4%
Terrace Park3$526,000$6,9431.3%
Glendale7$260,000$3,3001.3%
Madeira17$349,500$4,0561.2%
White Oak East13$140,000$1,6181.2%
Miami Township19$210,000$2,6001.2%
Covedale15$159,500$1,7811.1%
Deer Park18$197,500$2,1291.1%
Kenwood19$280,000$3,0101.1%
Finneytown3$189,900$1,9911%
Groesbeck11$168,500$1,7241%
Fairfax3$210,000$2,1441%
White Oak34$174,450$1,6671%
Greenhills9$180,000$1,8751%
Pleasant Run13$158,000$1,6471%
Evendale3$275,000$2,8381%
Cleves16$160,000$1,5231%
Anderson Township80$297,500$3,0351%
Sycamore Township24$190,000$1,9461%
Arlington Heights3$110,000$9700.9%
Montgomery17$505,000$4,4240.9%
Cincinnati711$175,000$1,4930.9%
Wyoming17$440,000$4,0740.9%
North College Hill34$134,650$1,1510.9%
White Oak West4$238,800$2,0980.9%
Pleasant Run Farm16$240,400$2,1850.9%
Mariemont10$567,500$5,0950.9%
Dillonvale11$220,000$2,0190.9%
Forest Park34$197,600$1,7060.9%
Northgate30$180,000$1,5820.9%
Norwood49$173,000$1,5800.9%
St. Bernard14$165,000$1,4840.9%
Delhi Township57$184,235$1,7290.9%
Springfield Township99$225,000$1,9470.9%
Symmes Township16$456,250$3,9170.9%
Blue Ash15$302,500$2,5300.8%
Monfort Heights East7$206,000$1,5650.8%
Loveland24$291,688$2,2520.8%
Cheviot32$155,000$1,2700.8%
Springdale13$177,500$1,3490.8%
Harrison44$212,450$1,6460.8%
Bridgetown37$173,000$1,3060.8%
Northbrook26$140,250$1,0580.8%
Reading18$177,500$1,3550.8%
Monfort Heights South14$258,500$1,8890.7%
Amberley Village6$595,000$4,3610.7%
Sharonville14$228,500$1,5290.7%
Mack South9$314,800$2,2800.7%
Mount Healthy13$170,000$1,2260.7%
Silverton11$225,000$1,6800.7%
Mount Healthy Heights11$160,000$1,1650.7%
Woodlawn8$178,220$1,0070.6%
Lincoln Heights7$106,000$6360.6%
Mack North7$380,000$2,3280.6%
Elmwood Place8$100,000$6180.6%
Indian Hill11$1,720,000$8,9200.5%
Newtown2$336,950$1,7500.5%
Lockland13$180,000$8450.5%
Addyston3$74,000$3200.4%

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