Parma Heights, Cuyahoga County, Ohio Property Taxes
Median Parma Heights, OH effective property tax rate: 2.53%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Parma Heights, OH home value: $184,400
Median annual Parma Heights, OH tax bill: $4,674, $2,274 higher than the national median property tax bill of $2,400.
How are property taxes in Cuyahoga County calculated?
Property taxes in Parma Heights, OH are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Parma Heights’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Parma Heights, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Parma Heights, Cuyahoga County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.53%
Estimate Property Tax Bill
$4,665
$4,329
Property Tax Rates Across Parma Heights, Cuyahoga County, Ohio
Local government entities determine tax rates, which can significantly differ within a state. This variation occurs because each county, like Cuyahoga, estimates its annual budget to provide essential services and divides it by the total value of all taxable property within its jurisdiction. This calculation establishes the property tax rate. Although votes and legislation play roles in setting these rates and budgets, this is essentially the annual procedure.
Comparing Parma Heights' effective property tax rate to other cities in Ohio and the national average reveals notable differences. Parma Heights, located in Cuyahoga County, has a median property tax rate of 2.53%, which is considerably higher than the national median of 1.02%. This means homeowners in Parma Heights pay a larger portion of their property's assessed value in taxes compared to the national average. Understanding these differences can help property owners make informed decisions about appealing their property taxes or seeking exemptions to manage their financial obligations better.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Parma Heights Tax Rate
2.53%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cuyahoga County Tax Rate
2.64%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Parma Heights, Cuyahoga County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44130 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Parma Heights, Cuyahoga County, Ohio
When examining property taxes in Parma Heights, Ohio, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cuyahoga County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Cuyahoga County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Parma Heights. For example, the median home price in Parma Heights is $184,400, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Parma Heights, Cuyahoga County, Ohio
Source: Ownwell
$20,800
$532,000
$1,043,200
Median Parma Heights Market Value
$184,400
Median Cuyahoga County Market Value
$138,300
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Parma Heights, Cuyahoga County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44130 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Parma Heights, Cuyahoga County, Ohio
In Parma Heights, located in Cuyahoga County, Ohio, property tax bills are calculated based on the assessed value of a home, which is determined by the county's appraisal of the property's market value. The tax rate is then applied to this assessed value to compute the annual tax bill. With a median home price of $184,400, homeowners in Parma Heights may find their property tax bills are higher than the national median of $2,400. For instance, property tax bills in the area can reach $4,674, which is significantly above the national average. This is due to the county's tax rate and other local factors affecting property values.
Homeowners may feel the financial impact of these higher tax bills, but that's where Ownwell can assist. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially lower their tax bills. Our team analyzes your property’s assessment and identifies opportunities for savings, ensuring you only pay your fair share. With Ownwell, you can navigate the complexities of property taxes with confidence and ease.
Median Parma Heights Tax Bill
$4,674
Median Cuyahoga County Tax Bill
$3,544
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Parma Heights, Cuyahoga County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44130 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell