Springfield, OH — income, home value, property tax, and sales tax.
In ZIP code 45341, near Springfield, homes carry a median value of $140,200, and the county-level effective property tax rate of 1.19% works out to roughly $1,668 a year in property taxes on such a home. With median household income at $56,470 and per-capita income at $34,456, that tax bill equals about 3% of a typical household's annual earnings. Sales tax in the area totals 7.25%, which adds to everyday costs. The relationship between home values, earnings, and the tax rate shapes how far a paycheck stretches for owners here.
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