Columbus Property Taxes Explained

Property taxes in Columbus—and throughout Franklin and Delaware counties—are calculated based on a home’s assessed value and the millage rate set by local jurisdictions. These rates fund schools, fire departments, parks, and other public services. While Ohio’s average property tax rate sits around 1.5% of assessed value, actual bills vary significantly depending on location.

Suburbs like Dublin, Upper Arlington, and New Albany typically carry higher property taxes because of top-rated schools and well-funded community amenities. For example, homeowners in these areas may pay thousands more annually than those in neighborhoods within Columbus city limits. Meanwhile, communities such as Powell, Westerville, and Hilliard fall in the mid-range, offering a balance of quality schools and relatively moderate tax bills.

For prospective homebuyers, it’s important to factor in these differences when comparing neighborhoods. A $400,000 home in one suburb could carry a much larger tax bill than a similarly priced home in another area. Reviewing local tax rates—and understanding how levies or bond issues might change them—can help you budget accurately and avoid surprises at closing.