Lake County, Ohio Property Taxes
Property Taxes in Lake County, Ohio
Median Lake County effective property tax rate: 1.77%, significantly higher than the national median of 1.02%.
Median Lake County home value: $154,450
Median annual Lake County tax bill: $1,213, lower than the national median property tax bill of $2,400.
How are property taxes in Lake County calculated?
Property taxes in Lake 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.
Why are Lake County property taxes higher than the national median? The county’s 1.77% effective property tax rate is above the national median of 1.02%, which can make a noticeable difference for homeowners.
How does Lake County compare with Ohio? Lake County’s property tax rate is higher than the state median of 1.60%, while the median annual tax bill is $1,213, which is $1,187 lower than the national median.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Lake County or another part of the county, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Lake County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.77%
Estimate Property Tax Bill
$2,734
$2,537
How Does the Lake County Property Tax Calculator Work?
Use this Lake County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lake County's median effective tax rate of 1.77% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Lake County's median effective tax rate is higher than Ohio's 1.60% median tax rate and well above the national median property tax rate of 1.02%. The county's median property tax bill is $1,213, which is $1,187 lower than the state median bill and below the national median property tax bill of $2,400.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Lake County.
Property Tax Rates Across Lake County, Ohio
What Are Effective Property Tax Rates Across Lake County?
Local government entities set tax rates, which vary widely across Lake County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Lake County's effective property tax rate to other counties in Ohio or the U.S. median of 1.02%.
Lake County's median effective rate stands at 1.77%, which is higher than the national median of 1.02%. Within Lake County, the highest rate is found in Willowick at 2.23%, while Kirtland has the lowest at 1.01%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Lake County Tax Rate
1.77%
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 Ohio Tax Rate
1.60%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lake County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chardon | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
| Concord Township | 0.20% | 0.91% | 1.03% | 1.66% | 3.52% |
| Eastlake | 0.89% | 1.23% | 1.91% | 3.35% | 6.61% |
| Fairport Harbor | 0.55% | 1.30% | 1.71% | 2.77% | 3.62% |
| Grand River | 0.85% | 1.02% | 1.21% | 2.95% | 4.36% |
| Kirtland | 0.58% | 0.92% | 1.01% | 1.61% | 2.14% |
| Madison | 1.00% | 1.77% | 2.17% | 3.58% | 8.75% |
| Mentor | 0.62% | 0.84% | 1.36% | 1.74% | 3.93% |
| Mentor On The Lake | 0.61% | 1.02% | 1.71% | 2.69% | 4.44% |
| North Perry | 0.48% | 0.70% | 1.06% | 1.42% | 1.64% |
| Painesville | 0.74% | 1.19% | 2.03% | 2.53% | 5.18% |
| Perry | 0.75% | 0.89% | 1.53% | 1.84% | 3.57% |
| Thompson | 1.06% | 1.32% | 1.60% | 2.51% | 3.90% |
| Wickliffe | 1.03% | 1.37% | 1.99% | 3.07% | 6.52% |
| Willoughby | 0.88% | 1.23% | 1.95% | 2.60% | 5.34% |
| Willowick | 0.73% | 1.36% | 2.23% | 3.09% | 6.24% |
| Kirtland Hills | N/A | N/A | N/A | N/A | N/A |
| Lakeline | N/A | N/A | N/A | N/A | N/A |
| Timberlake | N/A | N/A | N/A | N/A | N/A |
| Waite Hill | N/A | N/A | N/A | N/A | N/A |
| Willoughby Hills | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Lake County, Ohio
When examining property taxes in Lake 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 Lake 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.
Assessment notices:
In Lake County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.
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 Lake County.
For example, the median tax bill in Lake County is $1,213, with tax bills ranging significantly across the county. Kirtland has the highest median home price at $292,510.
Median Lake County Market Value
$154,450
Median Ohio Market Value
$168,370
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lake County, Ohio
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chardon | $163,116 | $193,505 | $246,700 | $290,622 | $323,116 |
| Concord Township | $123,848 | $172,172 | $253,455 | $354,510 | $449,666 |
| Eastlake | $84,118 | $103,342 | $135,025 | $171,165 | $227,127 |
| Fairport Harbor | $76,901 | $96,510 | $111,945 | $140,450 | $178,655 |
| Grand River | $52,510 | $78,930 | $98,920 | $152,390 | $184,700 |
| Kirtland | $124,957 | $198,588 | $292,510 | $475,385 | $577,499 |
| Madison | $21,720 | $86,860 | $132,555 | $180,925 | $247,901 |
| Mentor | $93,134 | $134,120 | $192,840 | $259,840 | $331,184 |
| Mentor On The Lake | $82,479 | $119,515 | $139,015 | $172,600 | $202,881 |
| North Perry | $13,320 | $64,100 | $152,810 | $209,710 | $247,224 |
| Painesville | $55,360 | $86,400 | $130,880 | $186,510 | $254,964 |
| Perry | $104,448 | $139,870 | $181,070 | $247,650 | $318,808 |
| Thompson | $77,658 | $142,250 | $200,240 | $281,010 | $346,768 |
| Wickliffe | $91,489 | $106,338 | $129,930 | $151,845 | $192,482 |
| Willoughby | $77,502 | $117,930 | $172,660 | $259,115 | $385,264 |
| Willowick | $98,750 | $112,685 | $128,000 | $142,190 | $160,500 |
| Kirtland Hills | N/A | N/A | N/A | N/A | N/A |
| Lakeline | N/A | N/A | N/A | N/A | N/A |
| Timberlake | N/A | N/A | N/A | N/A | N/A |
| Waite Hill | N/A | N/A | N/A | N/A | N/A |
| Willoughby Hills | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Lake County, Ohio
Property tax bills in Lake County are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much tax a homeowner owes to schools, county services, and other local governments. For homeowners, this means a higher market value can lead to a larger tax bill, while a lower assessed value can reduce what is due.
In Lake County, the median home price is $154,450, and tax bills vary widely across the county. The 25th percentile tax bill is $251, while the 75th percentile reaches $2,752. At the high end, the 90th percentile tax bill is $5,040. Median tax bills also differ by city, from $434 in Madison to $2,820 in Kirtland. These differences show how location and property value can significantly affect what homeowners pay each year.
Median Lake County Tax Bill
$1,213
Median Ohio Tax Bill
$2,789
Median United States Tax Bill
$2,400
Property Tax Bills Across Lake County, Ohio
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chardon | $1,323 | $1,323 | $1,323 | $1,323 | $1,323 |
| Concord Township | $311 | $1,291 | $2,502 | $4,960 | $8,760 |
| Eastlake | $44 | $866 | $1,783 | $3,754 | $6,174 |
| Fairport Harbor | $574 | $1,294 | $2,232 | $3,331 | $4,328 |
| Grand River | $134 | $1,316 | $1,562 | $2,597 | $3,481 |
| Kirtland | $393 | $1,336 | $2,820 | $5,003 | $6,185 |
| Madison | $33 | $146 | $434 | $1,386 | $3,460 |
| Mentor | $58 | $226 | $1,248 | $2,471 | $4,315 |
| Mentor On The Lake | $347 | $1,084 | $1,980 | $4,460 | $7,066 |
| North Perry | $1,108 | $1,589 | $2,392 | $3,195 | $3,676 |
| Painesville | $61 | $454 | $1,031 | $2,261 | $4,352 |
| Perry | $16 | $43 | $486 | $2,153 | $3,337 |
| Thompson | $1,015 | $1,848 | $2,464 | $4,257 | $5,399 |
| Wickliffe | $136 | $772 | $1,976 | $3,871 | $7,301 |
| Willoughby | $72 | $172 | $1,035 | $2,739 | $5,610 |
| Willowick | $44 | $460 | $1,752 | $3,633 | $5,367 |
| Kirtland Hills | N/A | N/A | N/A | N/A | N/A |
| Lakeline | N/A | N/A | N/A | N/A | N/A |
| Timberlake | N/A | N/A | N/A | N/A | N/A |
| Waite Hill | N/A | N/A | N/A | N/A | N/A |
| Willoughby Hills | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 31 |
Links | |
|---|---|
| Lake Tax Assessor | |
| Website | auditor.lakecountyohio.gov |