Avon Lake Property/Income Tax Comparison

The following statistics were prepared by Avon finance director Bill Logan, Westlake finance director Prashant Shah and the Lorain County Auditor's Office. This information relates to an article on the possible benefits Avon Lake could reap with the relocation of American Greetings headquarters into neighboring Westlake. 

City of Avon Lake Property Tax/Income Tax Statistics

Income tax rate

(1.50% resident credit)

Property Tax Data - per home:

Average Home value

(January 2010, per Lorain County Auditor's Office)

Average cost of home built in 2010 or later 

2010 property tax rate in mills (2011 collections)

2010 effective millage (residential)

91.17

59.49

Annual property taxes on "average home value" (after state rollback and 2.50% homestead reduction)

Annual property taxes on "average new home value" (after state rollback and 2.50% homestead reduction)

City of Avon Property Tax/Income Tax Statistics

Income tax rate

(1.50% resident credit)

Property Tax Data - per home:

Average Home value

(January 2010, per Lorain County Auditor's Office)

Average cost of home built in 2009 or later (per City of Avon building department permit statistics)

2010 property tax rate in mills (2011 collections) 2010 effective millage (residential)

82.45

61.71

Annual property taxes on "average home value" (after state rollback of 10% and homestead reduction of 2.50%)

Annual property taxes on "average new home value" (after state rollback of 10% and homestead reduction of 2.50%)

City of Westlake Property Tax/Income Tax Statistics

Income tax rate

(100% resident credit)

Property Tax Data - per home:

Average Home value

(January 2010, per Lorain County Auditor's Office)

2010 property tax rate in mills (2011 collections) 2010 effective millage (residential)

100.90

67.24

Annual property taxes on "average home value" (after state rollback and 2.50% homestead reduction)

Annual property taxes on "median home value" (after state rollback and 2.50% homestead reduction)