How much are property taxes in Olmsted Falls, OH?
Homeowners in Olmsted Falls, OH pay a median of $5,154 (±$560) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $5,052.
Homes without a mortgage pay a median of $5,308.
That is about 2.2% of the median home value of $239,300.
In Olmsted Falls, the median real estate tax went from $4,111 in 2015–2019 to $5,154 in 2020–2024 (+25.4%).
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
- $5,154 (±$560)
- With a mortgage
- $5,052
- Without a mortgage
- $5,308
- Share of median value
- 2.2%
Real estate taxes in Olmsted Falls against Cuyahoga County, its state and the nation
| Olmsted Falls | Cuyahoga County | Ohio | United States | |
|---|---|---|---|---|
| Median real estate taxes | $5,154 (±$560) | $3,910 (±$35) | $2,822 (±$10) | $3,119 |
| Homes with a mortgage | $5,052 (±$762) | $4,151 (±$54) | $3,048 (±$18) | $3,489 |
| Homes without a mortgage | $5,308 (±$697) | $3,558 (±$56) | $2,487 (±$13) | $2,576 |
| Median home value | $239,300 (±$19,439) | $195,400 (±$1,919) | $214,800 (±$742) | $332,700 |
In Olmsted Falls, the median real estate tax is higher than in Cuyahoga County ($3,910).
It is also higher than in Ohio ($2,822).
It is higher than the national figure ($3,119).
In Cuyahoga County, Olmsted Falls ranks 28 of 59 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 132 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 Olmsted Falls
The median tax ($5,154) is 2.2% of the median home value ($239,300).
Across Cuyahoga County the same ratio is 2.0%.
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 Olmsted Falls have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $4,111 (±$247) | $5,154 (±$560) | +25.4% | No measurable change after inflation |
| Median home value | $158,600 (±$6,577) | $239,300 (±$19,439) | +50.9% | Up after inflation |
| Median owner cost with a mortgage | $1,466 (±$155) | $1,732 (±$121) | +18.1% | No measurable change 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 Olmsted Falls
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Olmsted Falls | — | $5,154 (±$560) | — |
| Olmsted Township | 1.6 mi | $6,205 (±$700) | Higher |
| Berea | 2.2 mi | $3,934 (±$147) | Lower |
| Columbia Township (Lorain County) | 2.8 mi | $4,960 (±$413) | Not measurably different |
| North Olmsted | 3.5 mi | $4,824 (±$112) | Not measurably different |
| Middleburg Heights | 4.7 mi | $4,252 (±$131) | Lower |
| Brook Park | 5.1 mi | $2,811 (±$97) | Lower |
| Strongsville | 5.2 mi | $5,335 (±$167) | Not measurably different |
| Fairview Park | 5.9 mi | $5,123 (±$266) | Not measurably different |
Nearby places with a measurably lower figure: Berea, OH ($3,934), Middleburg Heights, OH ($4,252), Brook Park, OH ($2,811).
Nearby places with a measurably higher figure: Olmsted Township, OH ($6,205).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Cuyahoga County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 22 | Strongsville | $5,335 (±$167) |
| 23 | Cleveland Heights | $5,306 (±$232) |
| 24 | Seven Hills | $5,278 (±$204) |
| 25 | Lakewood | $5,266 (±$225) |
| 26 | Glenwillow | $5,245 (±$1,245) |
| 27 | Walton Hills | $5,159 (±$610) |
| 28 | Olmsted Falls | $5,154 (±$560) |
| 29 | Fairview Park | $5,123 (±$266) |
| 30 | North Royalton | $4,946 (±$212) |
| 31 | Independence | $4,870 (±$353) |
| 32 | North Olmsted | $4,824 (±$112) |
| 33 | Richmond Heights | $4,733 (±$277) |
| 34 | Lyndhurst | $4,604 (±$147) |
Showing 13 of 59 places in Cuyahoga 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.
What you can do on Seayora in Olmsted Falls
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Olmsted Falls beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Olmsted Falls, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Olmsted Falls, and send estimates and invoices from your phone.
Questions about Olmsted Falls
How much are property taxes in Olmsted Falls?
The median real estate tax paid by homeowners in Olmsted Falls, OH is $5,154 (±$560) a year (2020–2024 American Community Survey).
What is the property tax rate in Olmsted Falls?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 2.2% of the median home value in Olmsted Falls, and the actual rate is set by the town, county and school district.
Have property taxes in Olmsted Falls gone up?
In Olmsted Falls, the median real estate tax went from $4,111 in 2015–2019 to $5,154 in 2020–2024 (+25.4%).
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 Olmsted Falls higher than in Cuyahoga County?
In Olmsted Falls, the median real estate tax is higher than in Cuyahoga County ($3,910).
It is also higher than in Ohio ($2,822).
It is higher than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Olmsted Falls city, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Olmsted Falls city, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Olmsted Falls city, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Olmsted Falls city, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Olmsted Falls city, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Olmsted Falls city, Ohio (place:58422, 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.
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 .
Related
- Housing in Olmsted Falls at a glance
- Median rent in Olmsted Falls
- Rent by bedrooms in Olmsted Falls
- Rent burden in Olmsted Falls
- Renters and owners in Olmsted Falls
- Income and affordability in Olmsted Falls
- Home values in Olmsted Falls
- Homeowner costs in Olmsted Falls
- Types of homes in Olmsted Falls
- Bedrooms in Olmsted Falls
- Age of homes in Olmsted Falls
- Heating fuel in Olmsted Falls
- Commute and cars in Olmsted Falls
- Crime reported to police in Olmsted Falls
- Population growth in Olmsted Falls
- How long people stay in Olmsted Falls
- Crowding and facilities in Olmsted Falls
- Fair Market Rent in Olmsted Falls
- Ohio landlord and tenant rules
- Housing across Cuyahoga County
- Ohio places ranked by property taxes
- Housing data for every place in Ohio