Linndale, Ohio Property Taxes
The median property tax rate in Linndale, OH is 4.40%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Linndale, the typical annual property tax bill reaches $844, which, while lower than the national median of $2,690, reflects the high tax rate relative to home values. Property taxes in Linndale 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 Linndale's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Linndale 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
Linndale, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.4%
Estimate Property Tax Bill
$1,375
$1,276
Ownwell’s Linndale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Linndale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Linndale 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 Linndale, Ohio
Property taxes in Linndale, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Linndale is 4.40%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Linndale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Linndale 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 Linndale's effective property tax rate to other areas in Ohio and the national median. For comparison, the 44111 zip code has the highest median property tax rate of 6.29%, while the 44135 zip code has the lowest median tax rate of 2.51%. Understanding how these cities compare with Linndale 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 Linndale Tax Rate
4.40%
Average Cuyahoga County Tax Rate
2.64%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Linndale, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44111 | 6.29% | 6.29% | 6.29% | 6.29% | 6.29% |
| 44135 | 2.51% | 2.51% | 2.51% | 2.51% | 2.51% |
Source: Ownwell
Property Tax Assessment Values Across Linndale, Ohio
In Linndale, 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 Linndale, 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. The median home price in Linndale is $31,250, with tax bills ranging significantly. For example, the highest median tax bill is $1,486 in zip code 44135, while the lowest is $201 in zip code 44111. Being aware of these valuation processes in Linndale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Linndale Assessed Value
$31,250
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 Linndale, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44111 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 |
| 44135 | $59,300 | $59,300 | $59,300 | $59,300 | $59,300 |
Source: Ownwell
Property Tax Bills Across Linndale, Ohio
In Linndale, located in Cuyahoga County, OH, property tax bills are calculated based on the assessed value of your home, which is a percentage of the market value. The median home price here is $31,250. The local tax rate is applied to this assessed value to determine your annual property tax bill. Several factors influence this calculation, including the property's location, size, and any improvements made. For homeowners, this means that living in Linndale can result in a range of tax bills. For instance, the 25th percentile tax bill is $522, while the 75th percentile reaches $1,165. At the 90th percentile, homeowners might pay up to $1,357 annually. Comparatively, the highest median tax bill in the area is $1,486 in the 44135 zip code, while the lowest is $201 in the 44111 zip code. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Linndale Tax Bill
$844
Average Cuyahoga County Tax Bill
$3,544
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Linndale, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44111 | $201 | $201 | $201 | $201 | $201 |
| 44135 | $1,486 | $1,486 | $1,486 | $1,486 | $1,486 |
Source: Ownwell