Cleveland, OH — income, home value, property tax, and sales tax.
In ZIP code 44125, near Cleveland, homes carry a median value of $116,500, and the county's 2.00% effective property tax rate works out to roughly $2,330 a year on such a home. With median household income at $57,363, that tax equals about 4.1% of annual earnings, a noticeable slice of the budget. Per-capita income sits at $30,259. Sales taxes add 8.00% to purchases. Combined, these costs mean homeowners here weigh property taxes carefully against what they earn, since housing is priced within reach but the tax rate still claims a real share of income.
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