Maple Hts, Ohio Property Taxes
The median property tax rate in Maple Hts, OH is 3.78%, 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 Hts at $58,000, the typical annual property tax bill reaches $2,260, slightly below the national median of $2,690. Property taxes in Maple Hts 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 Hts'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 Maple Hts 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 Hts, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.78%
Estimate Property Tax Bill
$2,192
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 Hts, Ohio
Property taxes in Maple Heights, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Maple Heights is 3.78%, 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 44137 zip code has the highest median property tax rate of 3.78%, while the same zip code also has the lowest median tax rate of 3.78%. 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 Hts Tax Rate
3.78%
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 Hts, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44137 | 3.08% | 3.67% | 3.78% | 3.96% | 5.14% |
Source: Ownwell
Property Tax Assessment Values Across Maple Hts, 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. For instance, the median home price in Maple Heights is $58,000, with tax bills ranging from $774 at the 25th percentile to $2,983 at the 90th percentile. The zip code 44137 has the highest median tax bill at $2,260. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Maple Hts Assessed Value
$58,000
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 Hts, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44137 | $5,650 | $26,225 | $58,000 | $70,875 | $85,300 |
Source: Ownwell
Property Tax Bills Across Maple Hts, Ohio
In Maple Hts, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. Cuyahoga County uses this assessed value to determine the amount of tax owed. Homeowners in Maple Hts can expect a wide range of tax bills, with the 25th percentile at $774 and the 75th percentile reaching $2,560. The highest median tax bill in the area is $2,260, found in the 44137 zip code. Several factors influence the property tax bill, including the property's location, size, and any applicable exemptions. The local government's budgetary needs and voter-approved levies also play a crucial role. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community. Compared to the national median property tax rate of 0.99%, Maple Hts residents may find their tax rates relatively manageable, though individual experiences vary widely based on specific property assessments and local tax policies.
Average Maple Hts Tax Bill
$2,260
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 Hts, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44137 | $329 | $774 | $2,260 | $2,560 | $2,983 |
Source: Ownwell