Fairview Park, Cuyahoga County, Ohio Property Taxes
Median Fairview Park, OH effective property tax rate: 2.74%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Fairview Park, OH home value: $182,100
Median annual Fairview Park, OH tax bill: $4,698, $2,298 higher than the national median property tax bill of $2,400.
How are property taxes in Cuyahoga calculated?
Property taxes in Fairview Park, OH are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Fairview Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fairview Park, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fairview Park, Cuyahoga County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.74%
Estimate Property Tax Bill
$4,990
$4,630
Property Tax Rates Across Fairview Park, Cuyahoga County, Ohio
Local government entities in Ohio, such as those in Cuyahoga County, set property tax rates, which can vary significantly within the state. This variability arises because each county annually estimates the budget required to provide essential services, dividing this budget by the total assessed value of all taxable property within its jurisdiction. The result is the property tax rate, a crucial factor in determining individual property tax bills.
While the process involves votes and legislative measures to establish tax rates and budgets, this is essentially how it unfolds each year. In Fairview Park, located in Cuyahoga County, the effective property tax rate is notably higher than the national median property tax rate of 1.02%. This difference underscores the importance of understanding local tax dynamics, especially when compared to the median property tax rates in Ohio and across the United States.
For property owners in Fairview Park, being aware of these rates and how they're determined can be instrumental in managing property taxes effectively. By staying informed, property owners can better navigate the complexities of property taxation and potentially explore avenues for tax appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Fairview Park Tax Rate
2.74%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cuyahoga County Tax Rate
2.64%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fairview Park, Cuyahoga County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44126 | 0.51% | 2.70% | 2.74% | 2.76% | 2.79% |
Source: Ownwell
Property Tax Assessment Values Across Fairview Park, Cuyahoga County, Ohio
When examining property taxes in Fairview Park, Ohio, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cuyahoga County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Cuyahoga County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fairview Park. For example, the median home price in Fairview Park is $182,100, with tax bills ranging significantly across the county. Zip code 44126 has the highest median home price at $182,100.
Property Tax Assessment Values Across Fairview Park, Cuyahoga County, Ohio
Source: Ownwell
$20,800
$532,000
$1,043,200
Median Fairview Park Market Value
$182,100
Median Cuyahoga County Market Value
$138,300
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fairview Park, Cuyahoga County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44126 | $2,200 | $151,700 | $182,100 | $226,000 | $348,580 |
Source: Ownwell
Property Tax Bills Across Fairview Park, Cuyahoga County, Ohio
Median Fairview Park Tax Bill
$4,698
Median Cuyahoga County Tax Bill
$3,544
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Fairview Park, Cuyahoga County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44126 | $61 | $2,073 | $4,698 | $5,439 | $6,433 |
Source: Ownwell