Sharon Center, Medina County, Ohio Property Taxes

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

Median SHARON CENTER, OH effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median SHARON CENTER, OH home value: $130,095
Median annual SHARON CENTER, OH tax bill: $1,795, $605 lower than the national median property tax bill of $2,400.

How are property taxes in Medina calculated?

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

Last Updated March 1, 2025

Sharon Center, Medina County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.39%

Estimate Property Tax Bill

$1,808

$1,678

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

Property Tax Rates Across Sharon Center, Medina County, Ohio

Local government entities in Ohio are responsible for setting property tax rates, which can differ significantly across the state. Each year, counties like Medina estimate their required budget to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. While votes and laws are involved in setting these rates and budgets, this is essentially the annual process. In Sharon Center, located in Medina County, the effective property tax rate stands out when compared to other cities in Ohio. The median property tax rate in Ohio is 1.39%, which is higher than the national median of 1.02%. This disparity highlights the variability in tax rates across different regions. Comparing Sharon Center’s rate to both the state and national medians provides a clearer perspective on local tax obligations. Understanding these differences can be crucial for property owners when considering their financial commitments.

Property Tax Rates Across Sharon Center, Medina County, Ohio

Source: Ownwell

1.28%

1.58%

1.88%

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 Sharon Center Tax Rate

1.39%

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 Sharon Center, Medina County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44274	1.08%	1.22%	1.39%	1.43%	1.43%

Source: Ownwell

Property Tax Assessment Values Across Sharon Center, Medina County, Ohio

When examining property taxes in Sharon Center, 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 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 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 Sharon Center. For example, the median home price in Sharon Center is $130,095, with tax bills ranging significantly across the county. 44274 has the highest median home price at $130,095.

Property Tax Assessment Values Across Sharon Center, Medina County, Ohio

Source: Ownwell

$130,095

$284,063

$438,030

Median Sharon Center Market Value

$130,095

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 Sharon Center, Medina County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44274	$76,329	$110,695	$130,095	$197,202	$317,202

Source: Ownwell

Property Tax Bills Across Sharon Center, Medina County, Ohio

In Sharon Center, located in Medina County, OH, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value. Homeowners in Sharon Center experience a median property tax bill of $1,795, which is below the national median of $2,400. This can be attributed to the area's median home price of $130,095. However, tax bills can vary significantly, with the 25th percentile at $1,192 and the 90th percentile reaching $4,505. This variability highlights the importance of understanding how property taxes are calculated and how they impact homeowners financially.

Ownwell provides a valuable service by helping homeowners in Sharon Center potentially reduce their property tax bills. By conducting a thorough analysis of a property's assessed value, Ownwell identifies opportunities for tax appeals and exemptions, ensuring homeowners are not overpaying. This service not only offers financial relief but also peace of mind, knowing that property taxes are being managed effectively.

Property Tax Bills Across Sharon Center, Medina County, Ohio

Source: Ownwell

$1,795

$4,288

$6,781

Median Sharon Center Tax Bill

$1,795

Median Medina County Tax Bill

$3,537

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Sharon Center, Medina County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44274	$1,089	$1,192	$1,795	$2,677	$4,505

Source: Ownwell