New Franklin, Summit County, Ohio Property Taxes
Property Taxes in New Franklin, Ohio
Median New Franklin, Ohio effective property tax rate: 1.75%, significantly higher than the national median of 1.02%, and higher than the Ohio state median of 1.60%.
Median New Franklin, Ohio home value: $198,560
Median annual New Franklin, Ohio tax bill: $3,395, $995 higher than the national median property tax bill of $2,400.
How are property taxes in Summit calculated?
Property taxes in New Franklin, Ohio 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 New Franklin's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Franklin, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
New Franklin, Summit County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.75%
Estimate Property Tax Bill
$3,475
$3,225
How Does the New Franklin Property Tax Calculator Work?
Use this New Franklin property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies New Franklin's median effective tax rate of 1.75% — based on actual property records in Summit County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies New Franklin's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within New Franklin: rates range from $3240.00 in 44216 to $4131.00 in 44614, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across New Franklin.
About New Franklin Property Taxes
About Property Taxes in New Franklin, Summit, Ohio
New Franklin's median effective property tax rate of 1.75% is higher than the Ohio state median of 1.60% and higher than the national median of 1.02%. This rate reflects the Summit County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across New Franklin. Homeowners in the 44614 ZIP code carry a median effective rate of 1.75%, while those in 44216 pay 1.58%. This spread — 0.17 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Summit County. Understanding which part of New Franklin you live in can make a meaningful difference to your annual tax bill.
New Franklin homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the March 31, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across New Franklin, Summit County, Ohio
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 New Franklin's effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S.
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 New Franklin Tax Rate
1.75%
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 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 New Franklin, Summit County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44203 | 1.38% | 1.46% | 1.74% | 1.76% | 1.84% |
| 44216 | 1.37% | 1.41% | 1.58% | 1.75% | 1.82% |
| 44319 | 1.52% | 1.74% | 1.75% | 1.78% | 1.86% |
| 44614 | 1.44% | 1.55% | 1.75% | 1.76% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across New Franklin, Summit County, Ohio
When examining property taxes in New Franklin, 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 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 Summit County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
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. For example, the median home price in New Franklin is $198,560, with tax bills ranging significantly across the county. Zip code 44614 has the highest median home price at $239,810.
Property Tax Assessment Values Across New Franklin, Summit County, Ohio
Source: Ownwell
$45,620
$242,568
$439,515
Median New Franklin Market Value
$198,560
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 New Franklin, Summit County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44203 | $145,970 | $170,590 | $200,650 | $279,135 | $390,210 |
| 44216 | $143,728 | $164,605 | $199,390 | $255,355 | $356,992 |
| 44319 | $139,016 | $168,358 | $197,300 | $245,140 | $412,157 |
| 44614 | $162,630 | $190,020 | $239,810 | $292,200 | $406,668 |
Source: Ownwell
Property Tax Bills Across New Franklin, Summit County, Ohio
Property tax bills in New Franklin are based on the assessed value of a home, which is then multiplied by the local tax rate. That means the market value of the property, along with local taxing rates, plays a major role in determining what homeowners owe each year. When assessed values rise, tax bills can increase even if nothing changes about the home itself.
For homeowners in New Franklin, the median home price is $198,560, and the median property tax bill is $4,131 in the highest-burden ZIP code, compared with $3,240 in the lowest. The 25th percentile tax bill is $2,745, while the 75th percentile is $4,424 and the 90th percentile reaches $6,790. That puts many local bills above the national median property tax bill of $2,400, showing how quickly property taxes can affect monthly budgets and long-term housing costs.
Median New Franklin Tax Bill
$3,395
Median Summit County Tax Bill
$3,148
Median Ohio Tax Bill
$2,789
Median United States Tax Bill
$2,400
Property Tax Bills Across New Franklin, Summit County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44203 | $2,284 | $2,739 | $3,441 | $4,920 | $6,867 |
| 44216 | $2,094 | $2,560 | $3,240 | $4,324 | $6,034 |
| 44319 | $2,339 | $2,895 | $3,456 | $4,450 | $7,492 |
| 44614 | $2,561 | $3,101 | $4,131 | $4,759 | $6,466 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 31 |
Links | |
|---|---|
| Summit Tax Assessor | |
| Website | propertyaccess.summitoh.net |