Akron, Summit County, Ohio Property Taxes

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

Median Akron, OH effective property tax rate: 1.69%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Akron, OH home value: $104,830
Median annual Akron, OH tax bill: $1,727, $673 lower than the national median property tax bill of $2,400.

How are property taxes in Summit calculated?

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

Last Updated March 1, 2025

Akron, Summit County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.93%

Estimate Property Tax Bill

$2,021

$1,876

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

Property Tax Rates Across Akron, Summit County, Ohio

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide essential 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. Akron, located in Summit County, has an effective property tax rate of 1.69%. This rate is higher than the national median property tax rate of 1.02%. Within Summit County, tax rates can differ significantly. For example, the highest median tax rate in the county is 1.88% in the 44303 ZIP code, while the lowest is 1.41% in the 44319 ZIP code. When compared to other cities in Ohio, Akron's property tax rate is relatively high. Understanding these variations can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Akron, Summit County, Ohio

Source: Ownwell

1.39%

1.74%

2.09%

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 Akron Tax Rate

1.93%

Median Effective Summit County Tax Rate

1.87%

Median Effective Ohio Tax Rate

1.60%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Akron, Summit County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
44301	1.54%	1.88%	1.95%	2.11%	3.00%
44302	1.83%	1.87%	1.93%	2.07%	3.01%
44303	1.68%	1.83%	1.87%	1.95%	2.33%
44304	1.84%	1.93%	2.01%	2.30%	5.46%
44305	1.52%	1.88%	1.95%	2.09%	2.78%
44306	1.52%	1.93%	2.03%	2.37%	4.08%
44307	1.36%	1.96%	2.09%	2.91%	6.26%
44310	1.53%	1.88%	1.95%	2.09%	2.93%
44311	1.87%	1.95%	2.07%	2.59%	5.04%
44312	1.54%	1.72%	1.90%	1.98%	2.23%
44313	1.66%	1.83%	1.87%	1.98%	2.12%
44314	1.46%	1.89%	1.97%	2.15%	3.13%
44319	1.49%	1.64%	1.67%	1.89%	2.07%
44320	1.50%	1.87%	1.98%	2.21%	3.63%
44321	1.75%	1.85%	1.88%	1.89%	1.93%
44333	1.63%	1.75%	1.82%	1.84%	1.91%
44308	N/A	N/A	N/A	N/A	N/A
44331	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Akron, Summit County, Ohio

When examining property taxes in Akron, 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 Summit County Fiscal Office 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 Summit 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 Akron.

For example, the median home price in Akron is $104,830, with tax bills ranging significantly across the county. Zip code 44321 has the highest median home price at $452,440.

Property Tax Assessment Values Across Akron, Summit County, Ohio

Source: Ownwell

$45,620

$242,568

$439,515

Median Akron Market Value

$104,740

Median Summit County Market Value

$168,970

Median Ohio Market Value

$168,370

Median United States Market Value

$235,294

Property Tax Assessment Values Across Akron, Summit County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
44301	$43,093	$61,282	$97,180	$116,120	$135,184
44302	$71,180	$89,610	$112,260	$139,170	$162,322
44303	$67,550	$118,235	$189,310	$263,100	$397,174
44304	$27,692	$38,812	$63,235	$86,580	$102,155
44305	$47,486	$70,310	$89,370	$110,690	$138,508
44306	$34,740	$44,870	$55,890	$87,495	$120,436
44307	$29,242	$35,220	$45,620	$61,940	$94,126
44310	$56,190	$71,715	$87,510	$104,235	$123,250
44311	$30,720	$37,508	$49,120	$83,620	$100,405
44312	$89,219	$112,460	$137,045	$181,218	$243,815
44313	$124,040	$153,360	$196,410	$263,535	$347,728
44314	$51,426	$61,800	$74,330	$98,210	$117,618
44319	$112,741	$176,978	$222,375	$275,565	$365,375
44320	$52,925	$66,288	$87,400	$125,392	$168,855
44321	$215,563	$339,952	$439,515	$530,990	$603,464
44333	$230,201	$287,240	$373,495	$544,598	$760,928
44308	N/A	N/A	N/A	N/A	N/A
44331	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Akron, Summit County, Ohio

In Akron, Summit County, OH, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as location, property size, and condition. With a median home price of $104,830, homeowners in Akron face a range of property tax bills, from the 25th percentile at $1,125 to the 90th percentile at $4,486. Notably, the highest median tax bill in the area reaches $8,525 in zip code 44321, while the lowest is $760 in zip code 44307. These figures highlight the variability in tax burdens across different neighborhoods. With the national median property tax bill at $2,400, Akron's rates can be both above and below the national average, depending on the area. Ownwell offers services to help homeowners potentially reduce their property tax bills by filing appeals and seeking exemptions, ensuring they only pay what is fair and accurate for their property’s assessed value.

Property Tax Bills Across Akron, Summit County, Ohio

Source: Ownwell

$1,139

$4,778

$8,416

Median Akron Tax Bill

$2,147

Median Summit County Tax Bill

$3,148

Median Ohio Tax Bill

$2,789

Median United States Tax Bill

$2,400

Property Tax Bills Across Akron, Summit County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
44301	$941	$1,348	$1,918	$2,344	$2,914
44302	$1,419	$1,840	$2,312	$2,832	$3,925
44303	$1,360	$2,365	$3,641	$5,139	$7,682
44304	$543	$931	$1,447	$1,859	$2,544
44305	$995	$1,403	$1,787	$2,284	$2,954
44306	$696	$959	$1,370	$2,039	$3,104
44307	$576	$774	$1,139	$1,761	$3,193
44310	$1,118	$1,425	$1,754	$2,155	$2,852
44311	$646	$863	$1,335	$1,916	$2,982
44312	$1,618	$2,094	$2,625	$3,482	$4,788
44313	$2,284	$2,919	$3,785	$5,191	$7,132
44314	$976	$1,240	$1,556	$2,097	$2,636
44319	$1,931	$2,967	$3,798	$4,888	$6,362
44320	$1,036	$1,365	$1,915	$2,792	$4,145
44321	$3,468	$6,233	$8,416	$10,121	$11,729
44333	$4,141	$5,245	$6,765	$9,949	$14,298
44308	N/A	N/A	N/A	N/A	N/A
44331	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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