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Butler County Today

Thursday, November 21, 2024

Analysis: Butler County effective property tax rates outpaced the national average in Q1

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Butler County Recorder\'S Office Recorder Butler Danny Crank (2020-2024) | Butler County Recorder\'S Office

Butler County Recorder\'S Office Recorder Butler Danny Crank (2020-2024) | Butler County Recorder\'S Office

Property owners in Butler County paid 1.4% of the value of their homes in property taxes in the first quarter of 2024, which is more than 1.3 times the national average, according to the real estate analysis posted by Butler County Today.

The median sales price of a Butler County home in the first quarter of 2024 was $212,250, based on data from the 860 properties sold during that time. In 2024, the median tax bill for the county was $3,012, which is 1.4% of the median value of the homes that were taxed.

This is 1.3 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Butler County real estate data showed homeowners in Lemon Township, New Miami, and Wayne paid the highest rates.

The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Lemon Township with some other cities belonging to Butler County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2024.

CityQ1 2024 SalesQ1 2024 Median PriceMedian tax 2024Effective tax rate
Lemon Township5$51,200$1,5873.1%
New Miami5$60,000$1,1501.9%
Wayne5$183,000$3,0941.7%
Reily7$175,000$2,6951.5%
St. Clair15$141,000$2,0531.5%
West Chester117$335,200$4,8911.5%
Middletown147$137,500$2,1081.5%
Liberty Township61$399,900$5,1881.3%
Monroe24$277,500$3,4811.3%
Seven Mile2$142,500$1,8961.3%
Fairfield Township61$299,900$3,8031.3%
Fairfield117$222,000$2,6361.2%
Trenton26$219,750$2,6421.2%
Hanover Township21$219,900$2,5091.1%
Madison Township19$235,000$2,6531.1%
Morgan7$305,000$3,2681.1%
Hamilton175$150,000$1,6971.1%
Oxford21$335,000$2,9010.9%
Ross15$370,000$3,4880.9%
Millville3$219,000$1,9550.9%
Milford5$309,900$2,5650.8%

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