Middleburg Heights, Ohio Property Taxes
The median property tax rate in Middleburg Heights, OH is 2.19%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Middleburg Heights at $171,500, the typical annual property tax bill reaches $3,624, exceeding the national median of $2,690. Property taxes in Middleburg 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 Middleburg 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 Middleburg 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
Middleburg Heights, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.19%
Estimate Property Tax Bill
$3,756
$3,485
Ownwell’s Middleburg Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Middleburg Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Middleburg 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 Middleburg Heights, Ohio
Property taxes in Middleburg Heights, Ohio, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Middleburg Heights is 2.19%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Middleburg Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Middleburg 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 Middleburg Heights' effective property tax rate to other counties in Ohio and the national median. For comparison, the 44130 zip code has the highest median property tax rate of 2.19%, while the same zip code also has the lowest median tax rate of 2.19%. Understanding how these cities compare with Middleburg 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 Middleburg Heights Tax Rate
2.19%
Average Cuyahoga County Tax Rate
2.64%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Middleburg Heights, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44130 | 1.88% | 1.96% | 2.19% | 2.22% | 2.23% |
Source: Ownwell
Property Tax Assessment Values Across Middleburg Heights, Ohio
In Middleburg 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 Middleburg 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 Middleburg Heights helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Middleburg Heights are both $3,624, found in the 44130 zip code.
Property Tax Assessment Values Across Middleburg Heights, Ohio
Source: Ownwell
$1,700
$1,166,850
$2,332,000
Average Middleburg Heights Assessed Value
$171,500
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 Middleburg Heights, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44130 | $134,400 | $153,700 | $171,500 | $229,350 | $247,500 |
Source: Ownwell
Property Tax Bills Across Middleburg Heights, Ohio
In Middleburg Heights, Cuyahoga County, OH, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is a percentage of your home's market value. This value is then multiplied by the local tax rate to determine your annual property tax bill. In this area, the median home price is $171,500, which gives you a rough idea of the market values considered in these calculations. Several factors influence your property tax bill, including the home's assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners in Middleburg Heights, property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $3,123, while at the 75th percentile, it rises to $4,853. The highest median tax bill in the area is $3,624 for the ZIP code 44130. Understanding these factors can help homeowners anticipate their property tax obligations and plan accordingly.
Average Middleburg Heights Tax Bill
$3,624
Average Cuyahoga County Tax Bill
$3,544
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Middleburg Heights, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44130 | $2,728 | $3,123 | $3,624 | $4,853 | $5,442 |
Source: Ownwell