I'm surprised Euclid wasn't on your list. I moved back here from Massachusetts and thought I was going to catch a break. When I first purchased an abatement was in effect and when that went away boy oh boy! My taxes are almost as much as my mortgage and I'm none too happy. It's a miracle that I can still afford to stay here. I'm looking to move and need to research where to look.
They have high taxes as well! I see a lot of homes for sale with the tax abatement ending in the next few years and that’s a tough pill to swallow when buying. Your monthly expenses increased and potentially your property value, because people are willing to pay more for a tax abatement approved house. Make sure you reach out when moving back to the area!
The high property taxes combined with income taxes and HOA fees is why I opted to go into an apartment when I sold my house. Plus the maintenance costs of home ownership and much higher utility costs.
I live in Cleveland Heights and Yes! The property taxes are extremely high. We have a good Police Force, lots of parks and some other nice extras, but I can't see why we pay this much. Schools are OK, but some of us are single with no kids. Still paying this high rate. But it is a very nice area to live.
Taxes really hurt the Cleveland area. The home I grew up in - in Bentleyville - with Chagrin Falls schools has a valuation of $186,000 and taxes of $5186. Our current home in Michigan - appraised by Zillow at $380,000 has taxes of about $3200 - with no local income tax and a sales tax of 6%. Cleveland has a local income tax of 2.5% and sales taxes of 7 - 8%. The real estate taxes go for the schools, mostly. The real estate taxes are a really big deal for those of us who are retired.
Franklin county here. 187,000 house w/homestead, paying 5200 a year. Now they've appraised my house at 350,500. They raised the value by 163,500. No one is going to pay that for a 2 bdrm 1 bth house. Taxes will probably double. Franklin county is worse than Cleveland area for property tax. And yes it's the schools that make it so bad. Yes, it's horrible for us who are retired. Just awful. Other states aren't like this.
I'm used to the 2200-2500 annual taxes on the west, so when i saw it being almost double in Cleveland heights, which is so odd 'cause it's right between two ROUGH areas so why are the taxes so damn high?
I live in Medina County and pay just under $4000/yr on a house that is worth $300,000. I think the county has it valued at around $250,000. Low crime good schools lower taxes.
@@livinginnortheastohio8643 I am at the very southeast corner of Brunswick. I am shocked when I hear what other people are paying in property taxes. Even when you own your house, you still have to pay the government landlord. It is getting out of control.
I live here in Columbia Station in a 3 bed/2 bath 1.5 acres and I'm paying a bit over 200 a month on property taxes - Great place to live.. very rural, nice people, no one bothers you & you live right next to Olmsted/Berea/Strongsville/Brunswick etc
They are intentionally set high in order to keep... unwanted elements... out of those areas. Ironically, they are also extremely Liberal areas of Cleveland which consider themselves to be very inclusive. LOL.
Wow! That’s crazy! Especially S.Euclid? & Garfield!? Really? Garfield? Really appreciate this info! This can’t be legit? Plus insane utilities compared to the rest of the country? No? The whole east Ohio gas break up thing seems criminal?
To be fair, not a single area he listed is Cleveland. These are suburbs, several of which are the nicest places (millionaires only) in the Cleveland area.
Where I live, my property tax plus income tax isn’t anywhere close to what Texans pay. But here is the issue, I’m getting something for my property tax. Texans get shit
What's a shame is that Garfield Heights in a nutshell... Sucks! High taxes, crime, and no decent quality businesses or amenities to enjoy whatsoever! So where does the all the money go? The failing school system or into the corrupt county government's pockets? A bit of both most likely.
I'm surprised Euclid wasn't on your list. I moved back here from Massachusetts and thought I was going to catch a break. When I first purchased an abatement was in effect and when that went away boy oh boy! My taxes are almost as much as my mortgage and I'm none too happy. It's a miracle that I can still afford to stay here. I'm looking to move and need to research where to look.
They have high taxes as well! I see a lot of homes for sale with the tax abatement ending in the next few years and that’s a tough pill to swallow when buying. Your monthly expenses increased and potentially your property value, because people are willing to pay more for a tax abatement approved house. Make sure you reach out when moving back to the area!
Awesome video. Thanks.
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The high property taxes combined with income taxes and HOA fees is why I opted to go into an apartment when I sold my house. Plus the maintenance costs of home ownership and much higher utility costs.
I was wandering about property taxes in Ohio. That is ridiculously high (hopefully other areas in Ohio are more reasonable)
Big Like.Thanks for sharing another great video :)
Thanks!!!
@@livinginnortheastohio8643 I have some videos of Quebec on my channel. When you can see the videos :)
Great data bro!🕵️♂️
Thank you thank you ✅
In Garfield Heights I’m paying the same in property taxes as my friend who lives in Mississippi in a house 3x the value of mine. It’s crazy
Garfield Heights does not have high property values but one of the highest taxes right almost at 4% of the property value 🤯
Would love to see the map of all the real estate taxes!
Outrageous taxes!To live near Cleveland! What are the services??
They vary from city to city but I agree, crazy high taxes.
I live in Cleveland Heights and Yes! The property taxes are extremely high. We have a good Police Force, lots of parks and some other nice extras, but I can't see why we pay this much. Schools are OK, but some of us are single with no kids. Still paying this high rate. But it is a very nice area to live.
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Thank you for the information
Taxes really hurt the Cleveland area. The home I grew up in - in Bentleyville - with Chagrin Falls schools has a valuation of $186,000 and taxes of $5186. Our current home in Michigan - appraised by Zillow at $380,000 has taxes of about $3200 - with no local income tax and a sales tax of 6%. Cleveland has a local income tax of 2.5% and sales taxes of 7 - 8%. The real estate taxes go for the schools, mostly. The real estate taxes are a really big deal for those of us who are retired.
I agree. Pretty much all tax rates are above 2% here so compared to Michigan, it’s much more expensive. Thanks for your input!
Wow. In Washington DC and surrounding towns/states the property tax is just over 1%. So 11k taxes on a million dollar house, not a 285k condo.
Franklin county here. 187,000 house w/homestead, paying 5200 a year. Now they've appraised my house at 350,500. They raised the value by 163,500. No one is going to pay that for a 2 bdrm 1 bth house. Taxes will probably double. Franklin county is worse than Cleveland area for property tax. And yes it's the schools that make it so bad. Yes, it's horrible for us who are retired. Just awful. Other states aren't like this.
Great info! Can you make a video on affordable, safe neighborhoods to invest with low taxes if this is even possible? Thank you!
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I'm used to the 2200-2500 annual taxes on the west, so when i saw it being almost double in Cleveland heights, which is so odd 'cause it's right between two ROUGH areas so why are the taxes so damn high?
I live in Medina County and pay just under $4000/yr on a house that is worth $300,000. I think the county has it valued at around $250,000. Low crime good schools lower taxes.
thats amazing! for a $300,000 house, rent is going to be atleast $24,000 a year.. and you're at $4,000?? good for you (:
@@livinginnortheastohio8643 I am at the very southeast corner of Brunswick. I am shocked when I hear what other people are paying in property taxes. Even when you own your house, you still have to pay the government landlord. It is getting out of control.
@@corchem you can never truly live for free, unless you squat in a remote cabin in the woods on land you dont own lol it is shocking though.
I live here in Columbia Station in a 3 bed/2 bath 1.5 acres and I'm paying a bit over 200 a month on property taxes - Great place to live.. very rural, nice people, no one bothers you & you live right next to Olmsted/Berea/Strongsville/Brunswick etc
Thank you for your research
Im in Cleveland Heights and its expensive here in this city
Why are property taxes so high? Well probably because of the power of public employee unions and that neck of the woods.
They are intentionally set high in order to keep... unwanted elements... out of those areas. Ironically, they are also extremely Liberal areas of Cleveland which consider themselves to be very inclusive. LOL.
No it's democrats chased out 60 percent of the people but they want the same income so they jacked taxes.
Taxes must be high to get people out.
Wow!
That’s crazy!
Especially S.Euclid? & Garfield!? Really? Garfield?
Really appreciate this info! This can’t be legit?
Plus insane utilities compared to the rest of the country? No?
The whole east Ohio gas break up thing seems criminal?
South Euclid is part of the South Euclid/Lyndhurst, not Cleveland Heights/ University Heights.
Hello, I would like to know, where did u take your realtor courses at? And how much?
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Big increase in 2021 ! home values increased 20% and Tax went up $486.
gotta love it.... thats a large increase
To be fair, not a single area he listed is Cleveland. These are suburbs, several of which are the nicest places (millionaires only) in the Cleveland area.
Except they're all surrounded by garbage areas like Central, Kinsman, Slavic village, EC, etc
It goes to support those who have nothing
Austin, TX, the property tax is about $10k annually.
More than that!
Yeah but no income tax
Where I live, my property tax plus income tax isn’t anywhere close to what Texans pay. But here is the issue, I’m getting something for my property tax. Texans get shit
What's a shame is that Garfield Heights in a nutshell... Sucks! High taxes, crime, and no decent quality businesses or amenities to enjoy whatsoever! So where does the all the money go? The failing school system or into the corrupt county government's pockets? A bit of both most likely.
Best thing in Garfield is the library.
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HOA no way stairs no way
I can summarize this video very easily. . . . Just avoid ALL of CUYAHOGA COUNTY together 😆
I grew up in Willoughby and got out ASAP. Much cheaper where I live in NorCal...
Go figure S. Euclid would have the highest rate and be a shitty area to live lol.