Richmond Heights, Cuyahoga County, Ohio Property Taxes

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

Median Richmond Heights, OH effective property tax rate: 2.97%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Richmond Heights, OH home value: $88,900
Median annual Richmond Heights, OH tax bill: $2,228, $172 lower than the national median property tax bill of $2,400.

How are property taxes in Cuyahoga calculated?

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

Last Updated March 1, 2025

Richmond Heights, Cuyahoga County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.97%

Estimate Property Tax Bill

$2,640

$2,450

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

Property Tax Rates Across Richmond Heights, Cuyahoga County, Ohio

Local government entities set tax rates, which can vary widely within a state. This is 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.

In Richmond Heights, located in Cuyahoga County, Ohio, the effective property tax rate is considerably higher than the national median. With a rate of 2.97%, property owners in Richmond Heights are paying significantly more compared to the national median property tax rate of 1.02%. This means that homeowners in this area are contributing a larger portion of their property's assessed value in taxes. When compared to other cities in Ohio, Richmond Heights stands out with its elevated tax rate, reflecting the county's budgetary needs and property values. Understanding these dynamics can help homeowners better navigate their property tax responsibilities and potentially explore options for appeals or exemptions.

Property Tax Rates Across Richmond Heights, Cuyahoga County, Ohio

Source: Ownwell

1.74%

2.81%

3.88%

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 Richmond Heights Tax Rate

2.97%

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 Richmond Heights, Cuyahoga County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44143	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Richmond Heights, Cuyahoga County, Ohio

When examining property taxes in Richmond Heights, OH, 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 Richmond Heights. For example, the median home price in Richmond Heights is $88,900, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Richmond Heights, Cuyahoga County, Ohio

Source: Ownwell

$20,800

$532,000

$1,043,200

Median Richmond Heights Market Value

$88,900

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 Richmond Heights, Cuyahoga County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44143	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Richmond Heights, Cuyahoga County, Ohio

In Richmond Heights, property tax bills are calculated based on the assessed value of a home, which is determined by the Cuyahoga County Auditor. The assessed value is a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the tax bill. Homeowners in Richmond Heights face a median property tax bill significantly higher than the national median of $2400, with amounts ranging from $1197 at the 25th percentile to a substantial $7660 at the 90th percentile. This variation can significantly impact homeowners, especially those with properties on the higher end of the market. Factors such as changes in the local tax rate or assessments can lead to unexpected increases in tax bills. Ownwell can assist homeowners by providing property tax appeal and exemption services, potentially lowering their tax obligations. By leveraging expertise in local tax regulations, Ownwell helps homeowners identify discrepancies in their assessments and navigate the appeal process, ensuring they do not overpay on their property taxes.

Property Tax Bills Across Richmond Heights, Cuyahoga County, Ohio

Source: Ownwell

$640

$13,577

$26,514

Median Richmond Heights Tax Bill

$2,228

Median Cuyahoga County Tax Bill

$3,544

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Richmond Heights, Cuyahoga County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44143	N/A	N/A	N/A	N/A	N/A

Source: Ownwell