Summit County, Ohio Property Taxes
The median property tax rate in Summit County is 1.63%, which is significantly higher than the national median of 0.99% but lower than the Ohio state median of 1.80%. With the median home value in Summit County at $168,880, the typical annual property tax bill reaches $2,683, slightly below the national median of $2,690. Property taxes in Summit County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Summit County’s specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Akron or another part of Summit County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Summit County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.63%
Estimate Property Tax Bill
$2,753
$2,554
Ownwell’s Summit County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Summit County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Summit County to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Summit County, Ohio
Property taxes in Summit County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Summit County is 1.63%, which is higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Summit County set these rates annually, and they can vary significantly between different areas within the county. Each year, Summit County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Summit County's effective property tax rate with other counties in Ohio and the national median. For comparison, the city of Silver Lake has one of the higher property tax rates in Ohio at 1.93%, while the city of Doylestown boasts one of the lowest at 0.91%. Analyzing how Summit County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Summit County Tax Rate
1.63%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Summit County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Akron | 1.26% | 1.52% | 1.69% | 1.84% | 2.01% |
| Aurora | 1.38% | 1.47% | 1.52% | 1.63% | 1.69% |
| Barberton | 1.04% | 1.28% | 1.43% | 1.53% | 1.66% |
| Bath | 1.49% | 1.67% | 1.80% | 1.80% | 1.82% |
| Brecksville | 1.45% | 1.60% | 1.61% | 1.64% | 1.85% |
| Canal Fulton | N/A | N/A | N/A | N/A | N/A |
| Canton | N/A | N/A | N/A | N/A | N/A |
| Clinton | 1.14% | 1.27% | 1.35% | 1.44% | 1.56% |
| Columbus | N/A | N/A | N/A | N/A | N/A |
| Copley | 1.50% | 1.66% | 1.78% | 1.87% | 2.01% |
| Coventry Township | 1.35% | 1.58% | 1.71% | 1.83% | 1.98% |
| Cuyahoga Falls | 1.44% | 1.67% | 1.76% | 1.84% | 1.94% |
| Doylestown | N/A | N/A | N/A | N/A | N/A |
| Dublin | N/A | N/A | N/A | N/A | N/A |
| Fairlawn | 1.13% | 1.23% | 1.28% | 1.35% | 1.50% |
| Green | 1.07% | 1.32% | 1.35% | 1.44% | 1.57% |
| Hudson | 1.41% | 1.52% | 1.58% | 1.67% | 1.75% |
| Kent | 1.45% | 1.61% | 1.77% | 1.81% | 1.94% |
| Lakemore | 1.12% | 1.53% | 1.56% | 1.60% | 1.73% |
| Macedonia | 1.30% | 1.41% | 1.49% | 1.55% | 1.65% |
| Marshallville | N/A | N/A | N/A | N/A | N/A |
| Medina | 1.55% | 1.56% | 1.57% | 1.75% | 1.79% |
| Mogadore | 1.18% | 1.48% | 1.50% | 1.52% | 1.57% |
| Munroe Falls | 1.52% | 1.64% | 1.77% | 1.88% | 1.94% |
| New Franklin | 1.26% | 1.36% | 1.57% | 1.72% | 1.80% |
| North Canton | 1.14% | 1.29% | 1.36% | 1.45% | 1.48% |
| Northfield | 1.35% | 1.48% | 1.60% | 1.69% | 1.78% |
| Norton | 1.10% | 1.26% | 1.37% | 1.48% | 1.64% |
| Peninsula | 1.53% | 1.66% | 1.75% | 1.95% | 2.26% |
| Plymouth | N/A | N/A | N/A | N/A | N/A |
| Richfield | 1.21% | 1.26% | 1.43% | 1.65% | 1.79% |
| Silver Lake | 1.71% | 1.91% | 1.93% | 2.01% | 2.02% |
| Stow | 1.53% | 1.68% | 1.76% | 1.87% | 2.02% |
| Tallmadge | 1.35% | 1.50% | 1.62% | 1.73% | 1.82% |
| Twinsburg | 1.26% | 1.35% | 1.42% | 1.54% | 1.66% |
| Uniontown | 1.22% | 1.34% | 1.43% | 1.54% | 1.67% |
| Wadsworth | 1.27% | 1.39% | 1.48% | 1.58% | 1.61% |
| Winterville | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Summit County, Ohio
In Summit County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Summit County Appraisal District. The assessed value, however, 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 in Summit County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Bath has the highest median tax bill at $9,997, while Doylestown has the lowest at $1,064. Being aware of these valuation processes in Summit County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Summit County Assessed Value
$168,880
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Summit County, Ohio
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Akron | $47,150 | $70,080 | $104,830 | $162,300 | $268,981 |
| Aurora | $132,540 | $207,435 | $272,875 | $353,470 | $406,832 |
| Barberton | $68,486 | $90,300 | $109,535 | $139,735 | $198,420 |
| Bath | $167,522 | $321,940 | $554,770 | $651,670 | $701,442 |
| Brecksville | $239,700 | $283,345 | $402,530 | $558,320 | $650,580 |
| Canal Fulton | N/A | N/A | N/A | N/A | N/A |
| Canton | N/A | N/A | N/A | N/A | N/A |
| Clinton | $107,034 | $165,560 | $237,890 | $356,320 | $479,068 |
| Columbus | N/A | N/A | N/A | N/A | N/A |
| Copley | $149,514 | $196,600 | $287,880 | $390,920 | $457,482 |
| Coventry Township | $94,312 | $124,375 | $160,860 | $212,455 | $331,898 |
| Cuyahoga Falls | $119,480 | $138,690 | $162,090 | $196,960 | $277,870 |
| Doylestown | N/A | N/A | N/A | N/A | N/A |
| Dublin | N/A | N/A | N/A | N/A | N/A |
| Fairlawn | $168,578 | $200,740 | $245,615 | $303,528 | $388,121 |
| Green | $147,550 | $151,265 | $179,030 | $254,490 | $383,536 |
| Hudson | $263,118 | $325,545 | $419,910 | $527,480 | $658,926 |
| Kent | $137,372 | $157,805 | $194,220 | $230,275 | $269,024 |
| Lakemore | $52,476 | $66,450 | $83,070 | $103,920 | $154,162 |
| Macedonia | $180,742 | $211,788 | $273,060 | $349,080 | $421,201 |
| Marshallville | N/A | N/A | N/A | N/A | N/A |
| Medina | $271,638 | $295,865 | $349,730 | $382,845 | $399,316 |
| Mogadore | $126,508 | $142,640 | $159,105 | $189,635 | $234,334 |
| Munroe Falls | $153,630 | $175,088 | $208,000 | $268,188 | $323,895 |
| New Franklin | $142,332 | $167,355 | $198,630 | $251,430 | $382,752 |
| North Canton | $154,130 | $184,980 | $228,950 | $307,470 | $393,920 |
| Northfield | $134,106 | $176,495 | $241,860 | $315,740 | $391,606 |
| Norton | $110,903 | $145,908 | $181,045 | $228,512 | $292,750 |
| Peninsula | $173,882 | $229,350 | $311,690 | $409,400 | $504,480 |
| Plymouth | N/A | N/A | N/A | N/A | N/A |
| Richfield | $201,880 | $254,720 | $366,100 | $560,410 | $789,370 |
| Silver Lake | $199,230 | $228,155 | $267,530 | $317,200 | $443,854 |
| Stow | $124,601 | $170,955 | $223,525 | $288,140 | $353,920 |
| Tallmadge | $147,856 | $178,930 | $218,250 | $271,900 | $335,152 |
| Twinsburg | $154,606 | $205,265 | $281,210 | $366,915 | $437,154 |
| Uniontown | $147,138 | $195,255 | $263,670 | $340,805 | $417,040 |
| Wadsworth | $206,260 | $235,248 | $296,360 | $379,165 | $459,420 |
| Winterville | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Summit County, Ohio
In Summit County, OH, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. Homeowners can expect their tax bills to be influenced by various factors, including property location, size, and any applicable exemptions. The median home price in Summit County is $168,880, and tax bills can vary significantly. For example, the 25th percentile tax bill is around $1,610, while the 75th percentile tax bill reaches approximately $4,202. At the 90th percentile, homeowners might see tax bills as high as $6,237. Comparatively, Summit County's property tax rates can be higher than the national median property tax rate of 0.99%, reflecting the local government's revenue needs and public service funding. Within the county, Bath has the highest median tax bill at $9,997, while Doylestown has the lowest at $1,064. These variations highlight the importance of understanding local tax rates and property valuations, as they directly impact homeowners' annual expenses.
Average Summit County Tax Bill
$2,683
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Summit County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Akron | $740 | $1,125 | $1,727 | $2,700 | $4,486 |
| Aurora | $2,162 | $3,045 | $4,087 | $5,499 | $6,217 |
| Barberton | $864 | $1,179 | $1,487 | $1,989 | $2,909 |
| Bath | $2,733 | $5,601 | $9,997 | $11,724 | $12,471 |
| Brecksville | $3,817 | $4,592 | $6,492 | $8,966 | $10,436 |
| Canal Fulton | N/A | N/A | N/A | N/A | N/A |
| Canton | N/A | N/A | N/A | N/A | N/A |
| Clinton | $1,270 | $2,099 | $3,132 | $5,000 | $7,077 |
| Columbus | N/A | N/A | N/A | N/A | N/A |
| Copley | $2,436 | $3,314 | $4,898 | $7,209 | $8,669 |
| Coventry Township | $1,465 | $2,060 | $2,756 | $3,663 | $5,594 |
| Cuyahoga Falls | $1,917 | $2,345 | $2,791 | $3,453 | $4,930 |
| Doylestown | N/A | N/A | N/A | N/A | N/A |
| Dublin | N/A | N/A | N/A | N/A | N/A |
| Fairlawn | $2,126 | $2,649 | $3,209 | $3,964 | $5,056 |
| Green | $1,574 | $1,958 | $2,277 | $3,203 | $4,985 |
| Hudson | $4,061 | $5,119 | $6,582 | $8,385 | $10,700 |
| Kent | $2,155 | $2,667 | $3,395 | $4,099 | $4,734 |
| Lakemore | $544 | $985 | $1,260 | $1,603 | $2,346 |
| Macedonia | $2,628 | $3,067 | $4,008 | $5,201 | $6,552 |
| Marshallville | N/A | N/A | N/A | N/A | N/A |
| Medina | $4,521 | $4,841 | $5,635 | $6,228 | $6,475 |
| Mogadore | $1,679 | $2,011 | $2,327 | $2,826 | $3,476 |
| Munroe Falls | $2,620 | $3,081 | $3,650 | $4,638 | $5,863 |
| New Franklin | $1,995 | $2,505 | $3,149 | $3,958 | $5,616 |
| North Canton | $1,967 | $2,398 | $3,027 | $4,111 | $5,531 |
| Northfield | $1,956 | $2,689 | $3,763 | $5,140 | $6,622 |
| Norton | $1,447 | $1,918 | $2,443 | $3,118 | $4,252 |
| Peninsula | $2,896 | $4,111 | $5,460 | $7,118 | $9,001 |
| Plymouth | N/A | N/A | N/A | N/A | N/A |
| Richfield | $2,546 | $3,365 | $5,160 | $8,418 | $12,699 |
| Silver Lake | $3,779 | $4,330 | $5,168 | $6,168 | $8,636 |
| Stow | $2,040 | $2,905 | $3,854 | $5,152 | $6,480 |
| Tallmadge | $2,297 | $2,819 | $3,423 | $4,312 | $5,373 |
| Twinsburg | $2,073 | $2,771 | $3,991 | $5,447 | $6,690 |
| Uniontown | $1,982 | $2,723 | $3,776 | $4,918 | $6,066 |
| Wadsworth | $2,734 | $3,404 | $4,227 | $5,858 | $6,851 |
| Winterville | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell