Lima, OH — income, home value, property tax, and sales tax.
In ZIP code 45801, which covers part of Lima, homes carry a median value of $123,900, and the county's 1.12% effective property tax rate translates to roughly $1,388 a year on a property at that price. With median household income at $51,731, that tax equals about 2.7% of annual earnings, a figure shaped as much by the area's lower home values as by the rate itself. Per-capita income stands at $26,350, and a 6.85% combined sales tax applies to purchases, adding another cost alongside housing.
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