Cleveland, OH — income, home value, property tax, and sales tax.
Households in ZIP code 44140, near Cleveland, report a median income of $132,254, with per-capita income at $69,148. A median home value of $353,000 meets an effective property tax rate of 2.00% at the county level, which works out to roughly $7,060 a year in property taxes. Combined with an 8.00% sales tax rate, that means both major taxes take a meaningful bite. Still, the income base here is strong enough that housing costs and these rates sit against a comparatively high earning backdrop.
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