What is the property tax rate in Lima, OH?

Lima has an estimated effective property tax rate of 1.17%. On a median home valued at $95,900, homeowners pay approximately $1,119 per year in property taxes.

How does Lima compare to Allen County?

Lima's effective rate of 1.17% is 4% higher than the Allen County average of 1.12%. The county-wide median annual tax is $1,847, while Lima homeowners pay an estimated $1,119.

How much are property taxes in Lima on a $300,000 home?

Based on Lima's effective rate of 1.17%, property taxes on a $300,000 home would be approximately $3,510 per year, or about $293 per month.

Lima Property Tax Rate

Allen County, Ohio

1.17%effective rate

Lima is located in Allen County, Ohio. Homeowners in Lima pay a median of $1,119 per year in property taxes on a home valued at $95,900, resulting in an effective tax rate of 1.17%. This is 4% higher than the Allen County average of 1.12%.

Effective Tax Rate🏠

1.17%

vs 1.12% county avg

Est. Annual Tax💰

$1,119

Per year

Median Home Value📊

$95,900

2024 estimate

Population📍

35,304

Lima, OH

How Lima Compares

Lima

1.17%

Allen County Average

1.12%

Ohio Average

1.31%

National Average

0.92%

About Property Taxes in Lima

Property taxes in Lima are collected by Allen County. Tax exemptions available to Allen County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Lima. For detailed information on available exemptions and the county tax collector, see the Allen County property tax page.

Property Tax Calculator

Estimate your annual property tax in Lima

Home Value

$50k$2M

Apply homestead exemption ($100,000 school tax reduction)

Estimated Annual Property Tax

$3,510

$293/month · Rate: 1.17%

Allen County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

Ohio Property Taxes

Statewide rates, all 88 counties, and exemptions.

View state details →

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

Learn How to Appeal →

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.