Warrensville Heights, Ohio Property Taxes
The median property tax rate in Warrensville Heights, OH is 2.92%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Warrensville Heights at $79,500, the typical annual property tax bill reaches $2,223, which is below the national median of $2,690. Property taxes in Warrensville 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 Warrensville 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 Warrensville 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
Warrensville Heights, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.92%
Estimate Property Tax Bill
$2,321
Ownwell’s Warrensville Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Warrensville Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Warrensville 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 Warrensville Heights, Ohio
Property taxes in Warrensville Heights, Ohio, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Warrensville Heights is 2.92%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Warrensville Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Warrensville 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 Warrensville Heights' effective property tax rate to other areas in Ohio and the national median. For comparison, the 44122 zip code has the highest median property tax rate of 2.92%, while the 44128 zip code has the lowest median tax rate of 2.65%. Understanding how these cities compare with Warrensville 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 Warrensville Heights Tax Rate
2.92%
Average Cuyahoga County Tax Rate
2.64%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Warrensville Heights, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44122 | 2.03% | 2.16% | 2.92% | 2.97% | 3.02% |
| 44128 | 2.65% | 2.65% | 2.65% | 2.65% | 2.65% |
Source: Ownwell
Property Tax Assessment Values Across Warrensville Heights, Ohio
In Warrensville 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. 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 Warrensville Heights helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $4877 in zip code 44128, while the lowest is $2222 in zip code 44122.
Property Tax Assessment Values Across Warrensville Heights, Ohio
Source: Ownwell
$1,700
$1,166,850
$2,332,000
Average Warrensville Heights Assessed Value
$79,500
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 Warrensville Heights, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44122 | $69,580 | $74,300 | $79,500 | $84,600 | $89,620 |
| 44128 | $184,000 | $184,000 | $184,000 | $184,000 | $184,000 |
Source: Ownwell
Property Tax Bills Across Warrensville Heights, Ohio
In Warrensville Heights, Cuyahoga County, OH, property tax bills are determined based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value of the property, which in Warrensville Heights is influenced by factors such as location, property size, and home condition. The local tax rate is then applied to this assessed value to calculate the annual property tax bill. For example, with a median home price of $79,500, homeowners can expect varying tax bills. The 25th percentile tax bill is around $1,822, while the 75th percentile tax bill reaches approximately $2,445. At the 90th percentile, tax bills can go up to $2,632. These figures illustrate the range of property tax responsibilities homeowners might face, depending on their property's assessed value and specific circumstances. Comparatively, the national median property tax rate is 0.99%, making it essential for Warrensville Heights homeowners to understand how local rates and assessed values impact their financial obligations.
Average Warrensville Heights Tax Bill
$2,223
Average Cuyahoga County Tax Bill
$3,544
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Warrensville Heights, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44122 | $1,568 | $1,822 | $2,222 | $2,444 | $2,631 |
| 44128 | $4,877 | $4,877 | $4,877 | $4,877 | $4,877 |
Source: Ownwell