Bedford Heights, Ohio Property Taxes
The median property tax rate in Bedford Heights, OH is 2.58%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Bedford Heights at $204,250, the typical annual property tax bill reaches $5,267, exceeding the national median of $2,690. Property taxes in Bedford Heights are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bedford Heights' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Bedford Heights or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bedford Heights, Ohio Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,600
Ownwell’s Bedford Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bedford Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bedford Heights to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Bedford Heights, Ohio
Property taxes in Bedford Heights, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bedford Heights is 2.58%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Bedford Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bedford Heights estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Bedford Heights' effective property tax rate to other counties in Ohio and the national median. For comparison, the zip code 44146 has the highest median property tax rate of 2.58%, while the same zip code also has the lowest median tax rate of 2.58%. Understanding how these areas compare with Bedford Heights provides valuable insights into the varying tax landscape across Cuyahoga County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bedford Heights Tax Rate
2.58%
Average Cuyahoga County Tax Rate
2.64%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bedford Heights, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44146 | 2.54% | 2.56% | 2.58% | 2.58% | 2.58% |
Source: Ownwell
Property Tax Assessment Values Across Bedford Heights, Ohio
In Bedford Heights, Ohio, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Cuyahoga County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Bedford Heights, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Bedford Heights helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Bedford Heights is $204,250, with tax bills ranging from $4,982 at the 25th percentile to $5,858 at the 90th percentile. The zip code 44146 has both the highest and lowest median tax bill at $5,267.
Property Tax Assessment Values Across Bedford Heights, Ohio
Source: Ownwell
$1,700
$1,166,850
$2,332,000
Average Bedford Heights Assessed Value
$204,250
Average Cuyahoga County Assessed Value
$138,300
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bedford Heights, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44146 | $180,200 | $194,150 | $204,250 | $213,950 | $227,180 |
Source: Ownwell
Property Tax Bills Across Bedford Heights, Ohio
In Bedford Heights, located in Cuyahoga County, OH, property tax bills are determined by assessing the value of a property and applying the local tax rate to that value. The assessed value is a percentage of the market value of the home. For instance, with a median home price of $204,250, homeowners can expect their property taxes to be a significant annual expense. Several factors influence the final tax bill, including the property's assessed value, the local tax rate, and any applicable exemptions or deductions. In Bedford Heights, the tax bills can vary widely; the 25th percentile tax bill is around $4,982, while the 75th percentile reaches $5,517, and the 90th percentile can go up to $5,858. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure, directly impacting homeowners by contributing to the quality of community amenities. Compared to the national median property tax rate of 0.99%, Bedford Heights homeowners face relatively high property tax bills, reflecting the community's investment in local services.
Average Bedford Heights Tax Bill
$5,267
Average Cuyahoga County Tax Bill
$3,544
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Bedford Heights, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44146 | $4,577 | $4,982 | $5,267 | $5,517 | $5,858 |
Source: Ownwell