Lakewood, Ohio — Tax Burden
What is the tax burden in Lakewood, Ohio?
Lakewood, Ohio has a total tax burden of 11.69%, ranking #2224 nationally. Property tax rate: 2.20%, state income tax: 1.618%, sales tax: 7.24%. Median household income is $63,299.
Source: US Census ACS, 2022
Ranked #2224 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
11.69%
Rank: 2224th nationally
Property Tax Rate
2.20%
Rank: 599th nationally
Income Tax Rate
1.618%
Ohio state rate
Sales Tax Rate
7.24%
State + local combined
Tax Burden Breakdown
Property (66%)Income (14%)Sales (20%)
Median Income: $63,299
Median Home Value: $221,100
Median Property Tax: $4,864/yr
Population: 50,605