Ohio property taxes hit businesses and renters too

The Ohio property tax debates are red hot now. With the debate raging, homeowners are comparing increases, talking about rising property values for their 2027 tax bills and questioning whether taxes are getting too high.

This debate has missed a larger reality: property taxes don’t affect only homeowners.

Across Ohio, property taxes greatly impact the cost of running a business, influence rent rates and ripple through the entire local economy.

Ohio’s effective property tax rate is about 1.31% of a home’s value, making Ohio eighth in property tax burden.

In Montgomery County, the effective property tax rate is roughly 1.7% to 1.8%, among the highest in the state. Greene County ranks among the counties with the largest median property tax bills, often around $4,000 annually depending on property value. Median annual property taxes are roughly $3,000 in Butler County, more than $4,000 in Warren County, about $2,100 in Miami County and around $2,100 in Clark County.

The structure of property taxes means the cost rarely stays with the person who receives the bill. Businesses often feel the impact first.

Read the entire piece online here. It was first published by The Dayton Daily News.