Creston, Medina County, Ohio Property Taxes
Median Creston, OH effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Creston, OH home value: $202,220
Median annual Creston, OH tax bill: $2,899, $499 higher than the national median property tax bill of $2,400.
How are property taxes in Medina County calculated?
Property taxes in Creston, 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 Creston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Creston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Creston, Medina County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.34%
Estimate Property Tax Bill
$2,710
$2,515
Property Tax Rates Across Creston, Medina County, Ohio
Local government entities set tax rates, which can vary widely within a state. Why? 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. Below, you can compare Creston’s effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S.
Creston, located in Medina County, has a property tax rate that aligns with the county's overall tax strategy. The county's median tax rate stands at 1.34%, which is higher than the national median property tax rate of 1.02%. This indicates a more substantial property tax bill for Creston residents compared to the national average. However, this rate reflects the county's commitment to maintaining robust public services and infrastructure. As property tax rates directly impact homeowners, understanding these variations helps residents make informed decisions about property ownership and financial planning.
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 Creston Tax Rate
1.34%
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 Medina County Tax Rate
1.53%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Creston, Medina County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44217 | 1.20% | 1.31% | 1.34% | 1.47% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Creston, Medina County, Ohio
When examining property taxes in Creston, 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 Medina 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 Medina 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 Creston.
For example, the median home price in Creston is $202,220, with tax bills ranging significantly across the county. The 44217 zip code has the highest median home price at $202,220.
Property Tax Assessment Values Across Creston, Medina County, Ohio
Source: Ownwell
$130,095
$284,063
$438,030
Median Creston Market Value
$202,220
Median Medina County Market Value
$233,850
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Creston, Medina County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44217 | $141,727 | $172,825 | $202,220 | $242,038 | $342,478 |
Source: Ownwell
Property Tax Bills Across Creston, Medina County, Ohio
In Creston, located in Medina County, Ohio, property tax bills are calculated based on the assessed value of a home and the local tax rate. Unlike the national median property tax rate of 1.02%, homeowners in this area may find their tax bills to be more burdensome, with the median tax bill reaching $2,899. This is significantly higher than the national median property tax bill of $2,400. The assessed value is determined by the local assessor and reflects a percentage of the property's market value. Various factors such as property improvements and neighborhood changes can influence this assessed value, impacting the final tax bill for homeowners.
High property tax bills can place a financial strain on homeowners. However, Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing the assessed value and identifying discrepancies, Ownwell helps homeowners challenge their tax assessments. This can lead to significant savings, ensuring that homeowners in Creston pay only their fair share of property taxes.
Median Creston Tax Bill
$2,899
Median Medina County Tax Bill
$3,537
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Creston, Medina County, Ohio
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
44217 | $1,631 | $2,270 | $2,899 | $3,637 | $4,501 |
Source: Ownwell