Lorain County, Ohio Property Taxes

Name: Property Tax Bills Across Lorain County, Ohio
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Lorain County effective property tax rate: 1.82%, significantly higher than the national median of 1.02%.
Median Lorain County home value: $141,300
Median annual Lorain County tax bill: $2,507, $107 higher than the national median property tax bill of $2,400.

How are property taxes in Lorain County calculated?

Property taxes in Lorain County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Elyria or another part of Lorain County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lorain County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.82%

Estimate Property Tax Bill

$2,572

$2,386

Ownwell’s Lorain County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lorain County with just two data points. By entering your property's estimated assessed value, our calculator applies Lorain County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lorain County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lorain County, Ohio

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Lorain County's effective property tax rate to other counties in Ohio or the U.S. median property tax rate.

Lorain County has a median property tax rate of 1.82%, which is significantly higher than the national median of 1.02%. Within the county, Sheffield Lake has the highest median property tax rate at 2.05%, while Nova boasts the lowest at 1.41%. This variance illustrates the diversity in property tax rates even within a single county. Understanding these differences can aid property owners in making informed decisions about their investments. By comparing local rates to national figures, property owners can better assess their tax liabilities and explore potential savings through appeals and exemptions.

Property Tax Rates Across Lorain County, Ohio

Source: Ownwell

1.41%

1.73%

2.05%

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 Lorain County Tax Rate

1.82%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lorain County, Ohio

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Amherst	1.37%	1.59%	1.61%	1.65%	1.69%
Avon	1.74%	1.92%	1.92%	1.92%	1.96%
Avon Lake	1.67%	1.84%	1.84%	1.84%	1.89%
Columbia Station	1.47%	1.67%	1.71%	1.74%	1.99%
Elyria	1.43%	1.69%	1.90%	1.95%	1.98%
Grafton	1.44%	1.63%	1.68%	1.73%	1.78%
Kipton	1.32%	1.82%	1.84%	1.88%	1.90%
Lagrange	1.54%	1.70%	1.76%	1.80%	2.02%
Litchfield	1.59%	1.75%	1.76%	1.77%	1.79%
Lorain	1.30%	1.66%	1.79%	1.83%	1.83%
Medina	1.47%	1.72%	1.73%	1.76%	1.78%
New London	1.35%	1.41%	1.45%	1.64%	1.66%
North Ridgeville	1.58%	1.82%	1.82%	1.83%	1.86%
Nova	1.40%	1.40%	1.41%	1.41%	1.43%
N Ridgeville	1.81%	1.81%	1.81%	1.81%	1.81%
Oberlin	1.51%	1.66%	1.82%	1.89%	1.94%
Sheffield Lake	1.64%	2.05%	2.05%	2.10%	2.10%
Sheffield Village	1.62%	1.89%	1.89%	1.89%	1.94%
South Amherst	1.31%	1.59%	1.62%	1.64%	1.67%
Spencer	1.49%	1.63%	1.64%	1.76%	1.80%
Sullivan	1.41%	1.63%	1.64%	1.67%	1.69%
Valley City	1.71%	1.71%	1.71%	1.72%	1.72%
Vermilion	1.48%	1.64%	1.81%	1.86%	1.93%
Wakeman	1.47%	1.64%	1.65%	1.67%	1.69%
Wellington	1.37%	1.54%	1.59%	1.64%	1.76%

Source: Ownwell

Property Tax Assessment Values Across Lorain County, Ohio

When examining property taxes in Lorain County, 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 Lorain County Auditor 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. Assessment notices: In Lorain 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 Lorain County. For example, the median tax bill in Lorain County is $2,400, with tax bills ranging significantly across the county. Valley City has the highest median home price at $302,430.

Property Tax Assessment Values Across Lorain County, Ohio

Source: Ownwell

$15,750

$159,090

$302,430

Median Lorain County Market Value

$141,300

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lorain County, Ohio

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Amherst	$70,064	$125,088	$164,540	$229,622	$285,702
Avon	$141,829	$209,880	$302,025	$381,472	$478,615
Avon Lake	$113,242	$161,820	$250,710	$358,740	$475,484
Columbia Station	$106,810	$146,738	$223,425	$335,200	$442,705
Elyria	$46,300	$72,420	$104,120	$146,690	$192,880
Grafton	$94,290	$129,235	$179,550	$274,645	$358,920
Kipton	$20,276	$59,660	$80,950	$105,950	$141,080
Lagrange	$81,156	$127,220	$185,730	$259,600	$335,264
Litchfield	$163,235	$222,980	$268,685	$328,268	$365,295
Lorain	$41,470	$56,950	$75,820	$109,350	$156,918
Medina	$92,786	$113,520	$149,220	$204,220	$260,580
New London	$95,390	$132,165	$173,540	$237,688	$277,913
North Ridgeville	$109,021	$139,838	$197,265	$261,422	$320,578
Nova	$125,080	$166,420	$221,280	$250,220	$267,180
N Ridgeville	$4,248	$6,100	$15,750	$15,750	$26,596
Oberlin	$71,600	$109,515	$154,970	$219,535	$292,370
Sheffield Lake	$33,750	$91,780	$112,400	$140,650	$186,940
Sheffield Village	$103,875	$144,540	$200,100	$252,482	$316,235
South Amherst	$80,442	$102,400	$124,520	$153,630	$209,988
Spencer	$83,530	$171,560	$243,950	$280,532	$321,705
Sullivan	$118,136	$148,615	$225,820	$295,725	$346,396
Valley City	$238,422	$264,740	$302,430	$329,820	$375,070
Vermilion	$49,805	$86,445	$144,235	$222,460	$291,529
Wakeman	$108,172	$152,988	$216,800	$277,972	$329,262
Wellington	$67,938	$112,480	$163,070	$225,240	$291,350

Source: Ownwell

Property Tax Bills Across Lorain County, Ohio

Property tax bills in Lorain County, OH, are determined by assessing the property's market value and applying the local tax rate. The county's median home price is $141,300, and the tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as the location and size of the property, along with any applicable exemptions, are considered in this calculation. The median property tax bill in Lorain County varies significantly, with the 25th percentile at $1,559 and the 75th percentile at $4,024, indicating a wide range of tax burdens among homeowners. The highest median tax bill in the county is $5,756 in Avon, while the lowest is $286 in North Ridgeville. Compared to the national median property tax bill of $2,400, Lorain County's tax bills can be either relatively high or low, depending on the specific area. These taxes significantly impact homeowners by influencing their overall cost of living and potentially affecting property values and investment decisions.

Property Tax Bills Across Lorain County, Ohio

Source: Ownwell

$286

$3,021

$5,756

Median Lorain County Tax Bill

$2,507

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Lorain County, Ohio

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Amherst	$1,600	$2,059	$2,697	$3,706	$4,595
Avon	$2,646	$3,879	$5,756	$7,290	$9,131
Avon Lake	$2,034	$2,923	$4,557	$6,580	$8,741
Columbia Station	$1,634	$2,403	$3,524	$5,468	$7,277
Elyria	$962	$1,377	$1,954	$2,690	$3,490
Grafton	$1,501	$2,121	$2,975	$4,511	$5,948
Kipton	$334	$928	$1,464	$1,907	$2,575
Lagrange	$1,592	$2,295	$3,182	$4,433	$5,660
Litchfield	$2,898	$3,821	$4,531	$5,783	$6,526
Lorain	$685	$958	$1,313	$1,878	$2,669
Medina	$1,640	$1,951	$2,638	$3,467	$4,573
New London	$1,433	$1,945	$2,655	$3,631	$4,447
North Ridgeville	$1,888	$2,472	$3,510	$4,722	$5,763
Nova	$1,788	$2,343	$3,098	$3,418	$3,739
N Ridgeville	$286	$286	$286	$286	$597
Oberlin	$1,266	$1,899	$2,701	$3,826	$5,065
Sheffield Lake	$675	$1,730	$2,234	$2,804	$3,759
Sheffield Village	$1,896	$2,602	$3,686	$4,714	$5,926
South Amherst	$1,193	$1,584	$1,920	$2,454	$3,296
Spencer	$1,691	$2,939	$3,973	$4,579	$5,250
Sullivan	$1,722	$2,329	$3,483	$4,854	$5,688
Valley City	$4,093	$4,538	$5,055	$5,634	$6,531
Vermilion	$832	$1,511	$2,408	$3,852	$5,178
Wakeman	$1,777	$2,400	$3,512	$4,540	$5,431
Wellington	$1,207	$1,789	$2,604	$3,644	$4,748

Source: Ownwell