StateRates

Lorain County, Ohio property tax

The median homeowner in Lorain County, Ohio pays $2,992 a year in property tax on a home worth $207,200, an effective rate of 1.44%. The national effective rate is 0.98%.

Effective rate 1.44% #11 of 88 in Ohio
Median tax bill $2,992 per year
Median home value $207,200 owner-occupied
Median income $70,693 household

What the rate means here

At 1.44%, Lorain County taxes property more heavily than the country as a whole, which sits at 0.98%. That combination is the usual one. Houses here are worth $207,200 against a national $303,400, and a smaller tax base has to be taxed at a higher percentage to fund the same schools and roads. Whether the state also leans on property tax by choice, as several do in place of an income tax, is a separate question the rate alone cannot answer.

It ranks #11 of 88 Ohio counties by effective rate, against a statewide 1.36%, and #434 nationally. The state runs from 2.08% in Cuyahoga County down to 0.79% in Noble County.

The median home costs 2.93 times the median household income of $70,693, against 3.86 nationally, which is a comfortable ratio by American standards. 73.7% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. At 314,588 residents the county is large enough that its median blends several distinct housing markets.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $3,600 per year at 1.44%
$400,000 home $5,760 per year at 1.44%
$600,000 home $8,640 per year at 1.44%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Lorain County, Ohio against Ohio and the country
Lorain County Ohio United States
Effective property tax 1.44% 1.36% 0.98%
Median tax bill $2,992 $2,712 $2,969
Median home value $207,200 $199,200 $303,400
Median gross rent $916 $988 $1,348
Median household income $70,693 $69,680 $78,538
Home price to income 2.93× 2.86× 3.86×
Rent as share of income 15.55% 17.01% 20.6%
Owner-occupied 73.7% 66.99% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 314,588.

Nearby counties of similar size

Other Ohio counties
County Rate Median bill Home value
Stark County 1.32% $2,342 $177,700
Warren County 1.27% $4,076 $319,700
Butler County 1.24% $3,010 $243,000
Lake County 1.70% $3,405 $199,900
Mahoning County 1.40% $1,975 $141,100

Lorain County property tax: common questions

What is the property tax rate in Lorain County, Ohio?

The effective rate is 1.44% of home value, from a median tax bill of $2,992 against a median home value of $207,200. That is 0.46 points above the national 0.98%.

How much is property tax on a $400,000 home in Lorain County?

Roughly $5,760 a year at the county effective rate of 1.44%.

Is Lorain County expensive compared with the rest of Ohio?

It ranks #11 of 88 Ohio counties by effective property tax rate, and #434 of 2,826 nationally. That is 0.08 points above the Ohio average of 1.36%.

What does housing cost in Lorain County?

The median home is worth $207,200 and median gross rent is $916 a month. Median household income is $70,693, which puts the home at 2.93 times annual income and rent at 15.55% of it.