How much are property taxes in Lorain, OH?

Homeowners in Lorain, OH pay a median of $1,708 (±$77) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $1,784.

Homes without a mortgage pay a median of $1,618.

That is about 1.2% of the median home value of $139,200.

In Lorain, the median real estate tax went from $1,445 in 2015–2019 to $1,708 in 2020–2024 (+18.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$1,708 (±$77)
With a mortgage
$1,784
Without a mortgage
$1,618
Share of median value
1.2%

Real estate taxes in Lorain against Lorain County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
LorainLorain CountyOhioUnited States
Median real estate taxes$1,708 (±$77)$3,055 (±$66)$2,822 (±$10)$3,119
Homes with a mortgage$1,784 (±$105)$3,230 (±$76)$3,048 (±$18)$3,489
Homes without a mortgage$1,618 (±$109)$2,800 (±$94)$2,487 (±$13)$2,576
Median home value$139,200 (±$7,319)$223,200 (±$3,747)$214,800 (±$742)$332,700

In Lorain, the median real estate tax is lower than in Lorain County ($3,055).

It is also lower than in Ohio ($2,822).

It is lower than the national figure ($3,119).

In Lorain County, Lorain ranks 34 of 35 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 1415 of 2,356.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Lorain

The median tax ($1,708) is 1.2% of the median home value ($139,200).

Across Lorain County the same ratio is 1.4%.

Across Ohio it is 1.3%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Lorain have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$1,445 (±$36)$1,708 (±$77)+18.2%No measurable change after inflation
Median home value$87,300 (±$2,390)$139,200 (±$7,319)+59.5%Up after inflation
Median owner cost with a mortgage$1,061 (±$37)$1,218 (±$54)+14.8%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Lorain

Nearest places with a published estimate, compared with Lorain
PlaceDistanceMedian real estate taxesCompared with this place
Lorain—$1,708 (±$77)—
Sheffield Township (Lorain County)1.9 mi$1,880 (±$205)Not measurably different
Amherst3.6 mi$3,139 (±$199)Higher
Elyria Township3.6 mi$2,334 (±$403)Higher
Amherst Township4.3 mi$2,637 (±$208)Higher
Sheffield4.6 mi$4,270 (±$408)Higher
Sheffield Lake5.4 mi$2,422 (±$206)Higher
Elyria5.9 mi$2,127 (±$124)Higher
South Amherst7.0 mi$2,139 (±$263)Higher

Nearby places with a measurably higher figure: Amherst, OH ($3,139), Elyria Township, OH ($2,334), Amherst Township, OH ($2,637).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Lorain County, place by place

RankPlaceMedian real estate taxes
28Pheasant Run$2,266 (±$455)
29Eaton Estates$2,243 (±$820)
30South Amherst$2,139 (±$263)
31Elyria$2,127 (±$124)
32Sheffield Township (Lorain County)$1,880 (±$205)
33Kipton$1,775 (±$547)
34Lorain$1,708 (±$77)
35Rochester$1,556 (±$458)

Showing 8 of 35 places in Lorain County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lorain

How much are property taxes in Lorain?

The median real estate tax paid by homeowners in Lorain, OH is $1,708 (±$77) a year (2020–2024 American Community Survey).

What is the property tax rate in Lorain?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.2% of the median home value in Lorain, and the actual rate is set by the town, county and school district.

Have property taxes in Lorain gone up?

In Lorain, the median real estate tax went from $1,445 in 2015–2019 to $1,708 in 2020–2024 (+18.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Lorain higher than in Lorain County?

In Lorain, the median real estate tax is lower than in Lorain County ($3,055).

It is also lower than in Ohio ($2,822).

It is lower than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lorain city, Ohio (place:44856, in state:39).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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