Cleveland Hts, Ohio Property Taxes
The median property tax rate in Cleveland Heights, OH is 3.80%, significantly higher than both the national median of 0.99% and the Ohio state median of 1.80%. With a median home value in Cleveland Heights of $81,400, the typical annual property tax bill reaches $3,091, far exceeding the national median of $2,690. Property taxes in Cleveland 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 Cleveland 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 Cleveland 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
Cleveland Hts, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.8%
Estimate Property Tax Bill
$3,093
$2,870
Ownwell’s Cleveland Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cleveland Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cleveland 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 Cleveland Hts, Ohio
Property taxes in Cleveland Heights, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cleveland Heights is 3.80%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Cleveland Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cleveland 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 Cleveland Heights' effective property tax rate to other areas in Cuyahoga County and the national median. For comparison, the 44112 zip code has the highest median property tax rate of 4.02%, while the 44118 zip code has the lowest median tax rate of 3.80%. Understanding how these areas compare with Cleveland 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 Cleveland Hts Tax Rate
3.80%
Average Cuyahoga County Tax Rate
2.64%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cleveland Hts, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44106 | 3.73% | 3.76% | 3.84% | 4.18% | 4.66% |
| 44112 | 3.44% | 3.97% | 4.02% | 4.19% | 4.39% |
| 44118 | 3.72% | 3.72% | 3.80% | 3.80% | 4.15% |
| 44121 | 3.89% | 3.96% | 3.99% | 4.10% | 4.30% |
Source: Ownwell
Property Tax Assessment Values Across Cleveland Hts, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Cleveland Heights, Ohio. 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. Assessment notices in Cleveland Heights 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, zip code 44106 has the highest median tax bill at $8,417, while zip code 44112 has the lowest at $1,045.
Average Cleveland Hts Assessed Value
$81,400
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 Cleveland Hts, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44106 | $41,200 | $52,225 | $224,000 | $276,150 | $472,290 |
| 44112 | $12,000 | $15,925 | $26,000 | $34,800 | $55,100 |
| 44118 | $43,860 | $83,500 | $157,300 | $258,775 | $424,660 |
| 44121 | $16,320 | $19,950 | $29,900 | $37,550 | $53,700 |
Source: Ownwell
Property Tax Bills Across Cleveland Hts, Ohio
In Cleveland Heights, located in Cuyahoga County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the market value of the property. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Factors such as property size, location, and any improvements made can influence the assessed value, thereby impacting the tax amount. For homeowners in Cleveland Heights, the impact of these property taxes can be significant. The median home price in the area is $81,400. Property tax bills vary widely, with the 25th percentile at $1,138 and the 75th percentile reaching $8,417. In certain areas, such as the zip code 44106, the median tax bill can be as high as $8,417, while in others like 44112, it can be as low as $1,045. These variations illustrate how property taxes can substantially affect homeowners' annual expenses.
Average Cleveland Hts Tax Bill
$3,091
Average Cuyahoga County Tax Bill
$3,544
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Cleveland Hts, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44106 | $1,796 | $2,205 | $8,417 | $10,377 | $17,892 |
| 44112 | $525 | $662 | $1,045 | $1,380 | $1,802 |
| 44118 | $1,854 | $3,171 | $6,135 | $9,619 | $16,107 |
| 44121 | $700 | $791 | $1,193 | $1,498 | $2,142 |
Source: Ownwell