Taxes on real property are assessed on 35 percent of the property's total market value. In addition, each Ohio property tax bill is reduced by 10 percent. The state reimburses local governments for the revenue lost as a result of this rollback. Taxes on personal property are assessed on 25 percent of the property's true value. Tax rates vary significantly among jurisdictions.
Personal property is taxed at the full statutory rate.
The tax rate applied to residential and agricultural property is generally lower than that on other classes. The Auditor's Office is responsible for city income taxes. Franklin County Auditor's Office Information about property taxes, estate taxes and more. Franklin County Treasurer's Office Includes information about the county's Taxation Division, Delinquent Tax Division and more. Ohio State Treasurer's Office Responsible for collecting Ohio taxes.