In Ohio, taxes run approximately 2% of a property’s value (although that is not how taxes are actually assessed). The $30,000 figure does not seem out of line to me for a $1.5 million house, although there could be some reason why taxes in Egger’s neighborhood are less than the norm.
In Pittsburgh we pay closer to 4% of the value—so $30,000 is low, it could be more like $50-60 thousand. Plus if he lives in Bay Village he probably has lake front property. I wish I could afford a $1 million house.
It is Bay Village!
Bay Village boasts a highly educated and professional population and a quality school system, making it one of the most desirable residential suburbs of Cleveland.
The effective real property tax rate for Bay Village is 76.26 mills or 2.34% of the value of the property.