Maple Heights, Ohio Property Taxes
The median property tax rate in Maple Heights, OH is 3.71%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Maple Heights at $69,300, the typical annual property tax bill reaches $2,467, just under the national median of $2,690. Property taxes in Maple 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 Maple 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 Maple 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
Maple Heights, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.71%
Estimate Property Tax Bill
$2,571
$2,386
Ownwell’s Maple Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Maple Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Maple 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 Maple Heights, Ohio
Property taxes in Maple Heights, Ohio, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Maple Heights is 3.71%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Maple Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Maple 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 Maple Heights' effective property tax rate to other areas in Ohio and the national median. For comparison, the zip code 44137 has the highest median property tax rate of 3.71%, while the same zip code also has the lowest median tax rate of 3.71%. Understanding how these areas compare with Maple 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 Maple Heights Tax Rate
3.71%
Average Cuyahoga County Tax Rate
2.64%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Maple Heights, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44137 | 2.51% | 3.60% | 3.71% | 3.84% | 3.99% |
Source: Ownwell
Property Tax Assessment Values Across Maple Heights, Ohio
In Maple 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 Maple 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 Maple Heights helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Maple Heights is $69,300. The median tax bill ranges from $2,096 at the 25th percentile to $3,318 at the 90th percentile. The highest and lowest median tax bills are both $2,467, found in the zip code 44137.
Average Maple Heights Assessed Value
$69,300
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 Maple Heights, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44137 | $50,000 | $57,900 | $69,300 | $80,600 | $93,000 |
Source: Ownwell
Property Tax Bills Across Maple Heights, Ohio
In Maple Heights, located in Cuyahoga County, OH, property tax bills are determined by a combination of the assessed value of the property and the local tax rate. The assessed value is a percentage of the market value of the home, which is then multiplied by the tax rate set by local authorities. This rate is influenced by various factors including local government budgets, school funding, and public services. Homeowners in Maple Heights experience a range of tax bills. For instance, the 25th percentile tax bill is $2,096, while the 75th percentile reaches $2,881, and the 90th percentile climbs to $3,318. The median home price in the area is $69,300, which plays a crucial role in calculating these taxes. Compared to the national median property tax rate of 0.99%, Maple Heights homeowners may find their property tax bills relatively high, impacting their overall cost of living. Understanding these factors can help homeowners better anticipate their annual expenses and budget accordingly.
Average Maple Heights Tax Bill
$2,467
Average Cuyahoga County Tax Bill
$3,544
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Maple Heights, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44137 | $1,607 | $2,096 | $2,467 | $2,881 | $3,318 |
Source: Ownwell