The Owner Occupancy Credit offers eligible homeowners a 2.5% reduction on property taxes for their primary residence. To qualify for the Owner Occupancy Credit, you must own and occupy the home as your principal place of residence as of Jan. 1 of the tax year for which you are applying.
Cuyahoga County Property Tax Rates by City Cleveland Hts (3.74%) Garfield Hts (3.55%) Maple Hts (3.16%) Newburgh Hts (3.17%) Shaker Hts (3.90%) University Hts (3.76%)
You can deduct up to $10,000 (or $5,000 if married filing separately) of state and local taxes, including property taxes.
You may qualify for a lower tax on your home if you: Are at least 65 years old OR. Own and occupy your home as your primary residence as of January 1st of the year in which the exemption is being sought. Meet the income guidelines certified by the Ohio Department of Taxation Commissioner:
Homestead Exemption is an exemption of $1,000 of the assessed valuation. This can be a savings of $75 to $125 depending on which area of the county you are located. To Qualify: You must be the homeowner who resides in the property on January 1.
The average effective property tax rate in Ohio is 1.43%. However, tax rates vary significantly between Ohio counties and cities. The highest rates are in Cuyahoga County, where the average effective rate is 2.18%. The county with the lowest rate is Noble County, which has an average effective rate of 0.83%.