Northfield, Summit County, Ohio Property Taxes
Median Northfield, OH effective property tax rate: 1.60%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Northfield, OH home value: $241,860
Median annual Northfield, OH tax bill: $3,763, $1,363 higher than the national median property tax bill of $2,400.
How are property taxes in Summit calculated?
Property taxes in Northfield, 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 Northfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Northfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Northfield, Summit County, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.6%
Estimate Property Tax Bill
$3,870
$3,591
Property Tax Rates Across Northfield, Summit County, Ohio
Local government entities set tax rates, and these can vary significantly within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Northfield, the effective property tax rate stands at 1.60%, which is notably higher than the national median property tax rate of 1.02%. This means residents in Northfield face a higher property tax burden compared to many other areas across the country. Comparing this rate to the broader state of Ohio, Northfield aligns with the state's median property tax rate. This suggests that while Northfield's rate is high on a national scale, it is consistent with the property tax landscape within Ohio. Understanding these rates can provide valuable insights for homeowners and potential buyers in Northfield, helping them make informed decisions about property investments.
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 Northfield Tax Rate
1.60%
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
1.63%
Median Effective Ohio Tax Rate
1.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Northfield, Summit County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44067 | 1.35% | 1.48% | 1.60% | 1.69% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Northfield, Summit County, Ohio
When examining property taxes in Northfield, 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.
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. 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 Northfield.
For example, the median home price in Northfield is $241,860, with tax bills ranging significantly across the county. Zip code 44067 has the highest median home price at $241,860.
Property Tax Assessment Values Across Northfield, Summit County, Ohio
Source: Ownwell
$45,690
$300,230
$554,770
Median Northfield Market Value
$241,860
Median Summit County Market Value
$168,880
Median Ohio Market Value
$133,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Northfield, Summit County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44067 | $134,106 | $176,495 | $241,860 | $315,740 | $391,606 |
Source: Ownwell
Property Tax Bills Across Northfield, Summit County, Ohio
In Northfield, Ohio, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. Homeowners in Northfield, located in Summit County, face a median property tax bill of $3,763, which is notably higher than the national median of $2,400. The tax rate, combined with the assessed value, determines the final tax bill. Factors such as the home's location, size, and any improvements can influence the market value and, consequently, the tax bill. For homeowners, this means that fluctuations in market value can significantly impact their annual expenses.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing property assessments and market conditions, Ownwell identifies opportunities for reducing tax liabilities. This can lead to significant savings, especially for those in the higher tax brackets, such as the 75th percentile with a tax bill of $5,140 or the 90th percentile at $6,622. Through expert guidance and representation, Ownwell helps homeowners achieve fair and manageable tax bills.
Median Northfield Tax Bill
$3,763
Median Summit County Tax Bill
$2,683
Median Ohio Tax Bill
$2,396
Median United States Tax Bill
$2,400
Property Tax Bills Across Northfield, Summit County, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 44067 | $1,956 | $2,689 | $3,763 | $5,140 | $6,622 |
Source: Ownwell