Twinsburg, Summit County, Ohio Property Taxes

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

Median Twinsburg, OH effective property tax rate: 1.42%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Twinsburg, OH home value: $281,210
Median annual Twinsburg, OH tax bill: $3,991, $1,591 higher than the national median property tax bill of $2,400.

How are property taxes in Summit County calculated?

Property taxes in Twinsburg, 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 Twinsburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Twinsburg, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Twinsburg, Summit County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.42%

Estimate Property Tax Bill

$3,993

$3,706

Ownwell’s Twinsburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Twinsburg with just two data points. By entering your property's estimated assessed value, our calculator applies Twinsburg’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 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 Summit County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Twinsburg, Summit County, Ohio

Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While setting tax rates and budgets involves votes and laws, this is the annual process in a nutshell.

Twinsburg in Summit County, Ohio, has an effective property tax rate that aligns with the highest and lowest median tax rates in the area, both at 1.42%. This rate is notably higher than the national median property tax rate of 1.02%. The local rate reflects the county's budgeting needs and property values, demonstrating how local fiscal policies can influence property taxes. Comparing Twinsburg’s rate to other cities in Ohio and the national median provides insight into how tax rates can differ based on local economic conditions and government requirements. Understanding these differences is crucial for property owners when considering potential savings through tax appeals or exemptions.

Property Tax Rates Across Twinsburg, Summit County, Ohio

Source: Ownwell

1.28%

1.60%

1.93%

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 Twinsburg Tax Rate

1.42%

Median Effective Summit County Tax Rate

1.63%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Twinsburg, Summit County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44087	1.26%	1.35%	1.42%	1.54%	1.66%

Source: Ownwell

Property Tax Assessment Values Across Twinsburg, Summit County, Ohio

When examining property taxes in Twinsburg, 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 Summit 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 Summit County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Twinsburg.

For example, the median home price in Twinsburg is $281,210, with tax bills ranging significantly across the county. Zip code 44087 has the highest median home price at $281,210.

Property Tax Assessment Values Across Twinsburg, Summit County, Ohio

Source: Ownwell

$45,690

$300,230

$554,770

Median Twinsburg Market Value

$281,210

Median Summit County Market Value

$168,880

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Twinsburg, Summit County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44087	$154,606	$205,265	$281,210	$366,915	$437,154

Source: Ownwell

Property Tax Bills Across Twinsburg, Summit County, Ohio

In Twinsburg, Summit County, OH, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, and local levies are applied to fund public services. With a median home price of $281,210, Twinsburg homeowners can expect tax bills that vary significantly. The 25th percentile tax bill is $2,771, while the 75th percentile reaches $5,447, and the 90th percentile peaks at $6,690. This range indicates that tax bills can be a substantial financial burden for many homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell offers a solution by providing property tax appeal and exemption services, helping homeowners reduce their tax liabilities. By analyzing property assessments and identifying discrepancies, Ownwell assists in securing potential savings, ensuring that homeowners in Twinsburg pay only their fair share. This service can lead to significant financial relief, particularly for those facing higher tax bills.

Property Tax Bills Across Twinsburg, Summit County, Ohio

Source: Ownwell

$760

$5,379

$9,997

Median Twinsburg Tax Bill

$3,991

Median Summit County Tax Bill

$2,683

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Twinsburg, Summit County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44087	$2,073	$2,771	$3,991	$5,447	$6,690

Source: Ownwell