N Ridgeville, Lorain County, Ohio Property Taxes

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

Median N Ridgeville, OH effective property tax rate: 1.81%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median N Ridgeville, OH home value: $157,500
Median annual N Ridgeville, OH tax bill: $2,860, $460 higher than the national median property tax bill of $2,400.

How are property taxes in Lorain calculated?

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

Last Updated March 1, 2025

N Ridgeville, Lorain County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.81%

Estimate Property Tax Bill

$285

$265

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

Property Tax Rates Across N Ridgeville, Lorain County, Ohio

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budgets to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While the process involves votes and laws, this is the fundamental approach to establishing annual tax rates and budgets. In North Ridgeville, located in Lorain County, Ohio, the effective property tax rate stands out when compared to other cities in Ohio. The city's rate is notably higher than the national median property tax rate of 1.02%. This difference highlights the importance of understanding local tax assessments, as they can significantly impact property owners' annual tax bills. By comparing North Ridgeville's tax rate to both state and national medians, property owners can gain a clearer perspective on how their tax obligations align with broader trends. Understanding these nuances is crucial for making informed decisions about property ownership and tax appeals.

Property Tax Rates Across N Ridgeville, 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 N Ridgeville Tax Rate

1.81%

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 N Ridgeville, Lorain County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44039	1.81%	1.81%	1.81%	1.81%	1.81%

Source: Ownwell

Property Tax Assessment Values Across N Ridgeville, Lorain County, Ohio

When examining property taxes in N Ridgeville, 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 Lorain 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: Lorain County sends assessment notices 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 N Ridgeville. For example, the median home price in N Ridgeville is $15,750, with tax bills ranging significantly across the county. 44039 has the highest median home price at $15,750.

Property Tax Assessment Values Across N Ridgeville, Lorain County, Ohio

Source: Ownwell

$15,750

$159,090

$302,430

Median N Ridgeville Market Value

$15,750

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 N Ridgeville, Lorain County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44039	$4,248	$6,100	$15,750	$15,750	$26,596

Source: Ownwell

Property Tax Bills Across N Ridgeville, Lorain County, Ohio

In North Ridgeville, located in Lorain County, Ohio, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in this area is $15,750, and the median property tax bill is $286, which is significantly lower than the national median property tax bill of $2,400. This lower tax bill can be attributed to the relatively low property values in the region. Tax bills in North Ridgeville can vary, with the 90th percentile paying up to $597. Factors that influence the tax bill include the assessed value of the property and the tax rate set by local taxing authorities. Homeowners in North Ridgeville can benefit from appealing their property tax assessments to ensure they are not overpaying. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners reduce their property tax bills by ensuring accurate property assessments and identifying potential savings opportunities. This service can lead to significant financial relief for homeowners, ensuring they pay only their fair share.

Property Tax Bills Across N Ridgeville, Lorain County, Ohio

Source: Ownwell

$286

$3,021

$5,756

Median N Ridgeville Tax Bill

$286

Median Lorain County Tax Bill

$2,507

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across N Ridgeville, Lorain County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44039	$286	$286	$286	$286	$597

Source: Ownwell