Orange, Ohio Property Taxes
The median property tax rate in Orange, OH is 2.27%, significantly higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Orange at $531,950, the typical annual property tax bill reaches $12,320, far exceeding the national median of $2,690. Property taxes in Orange 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 Orange'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 Orange 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
Orange, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.27%
Estimate Property Tax Bill
$12,075
$11,206
Ownwell’s Orange Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Orange, Ohio, with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orange 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 Orange, Ohio
Property taxes in Orange, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orange is 2.27%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Orange set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orange 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 Orange's effective property tax rate to other counties in Ohio and the national median. For comparison, the 44122 zip code has the highest median property tax rate of 2.27%, while the 44022 zip code has the lowest median tax rate of 2.27%. Understanding how these cities compare with Orange 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 Orange Tax Rate
2.27%
Average Cuyahoga County Tax Rate
2.64%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orange, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44022 | 2.22% | 2.22% | 2.27% | 2.30% | 2.31% |
| 44122 | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% |
Source: Ownwell
Property Tax Assessment Values Across Orange, Ohio
In Orange, 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 Orange, 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. For instance, the highest median tax bill in the area is $20,894 in the 44122 zip code, while the lowest is $11,913 in the 44022 zip code. 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 Orange helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Orange Assessed Value
$531,950
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 Orange, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44022 | $210,720 | $381,450 | $526,900 | $644,400 | $709,060 |
| 44122 | $871,840 | $889,750 | $919,600 | $1,295,350 | $1,520,800 |
Source: Ownwell
Property Tax Bills Across Orange, Ohio
In Orange, Cuyahoga County, OH, property tax bills are calculated based on the assessed value of a home, which is determined by the county's appraisal office. The assessed value is a percentage of the market value of the property. For instance, if a home has a median market price of $531,950, the assessed value is used to calculate the tax owed. The local tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including property location, market conditions, and any applicable exemptions or deductions. In Orange, the tax bills can vary significantly, with the 25th percentile tax bill at $8,561 and the 75th percentile reaching $14,788. For the top 10% of properties, tax bills can be as high as $16,508. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting homeowners by supporting the community while also representing a significant annual expense. With the national median property tax rate at 0.99%, Orange's rates reflect the area's property values and local budgetary needs.
Average Orange Tax Bill
$12,320
Average Cuyahoga County Tax Bill
$3,544
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Orange, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44022 | $4,743 | $8,368 | $11,913 | $14,667 | $16,290 |
| 44122 | $19,809 | $20,216 | $20,894 | $29,432 | $34,554 |
Source: Ownwell