Lakewood, Ohio Municipal Income Tax Calculator

2026

Calculate your Lakewood, OH municipal income tax. Lakewood levies a 1.5% city income tax with a 33% credit for taxes paid to other Ohio cities. Free 2026 calculator.

Written and reviewed by Konstantin Iakovlev · Methodology · Updated · Source: RITA Ohio Municipal Tax Rates

$
Deduction

Federal Income Tax

$7,670.00

Effective Tax Rate

10.23%

Marginal Tax Rate

22%

FICA (SS + Medicare)

$5,737.50

Total Tax Burden

$13,407.50

After-Tax Income

$61,592.50

Tax Calculation Breakdown

Gross Income$75,000.00
Above-the-Line Deductions- $0.00
Adjusted Gross Income (AGI)$75,000.00
Standard Deduction- $16,100.00
Taxable Income$58,900.00
10% on $0.00 – $12,400.00$1,240.00
12% on $12,400.00 – $50,400.00$4,560.00
22% on $50,400.00 – $105,700.00$1,870.00
Federal Income Tax (before credits)$7,670.00
Federal Income Tax (after credits)$7,670.00
Social Security (6.2%)$4,650.00
Medicare (1.45%)$1,087.50
Total FICA$5,737.50
Total Tax$13,407.50
After-Tax Annual Income$61,592.50
Monthly Take-Home$5,132.71

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Lakewood Municipal Income Tax Rate

1.5%

Credit: 33% of taxes paid to another city

How Lakewood Municipal Income Tax Works

Lakewood levies a 1.5% municipal income tax on all earned income, including wages, salaries, commissions, and net profits from business activity. This tax applies to both residents of Lakewood and non-residents who work within city limits.

Ohio is one of the few states where cities and villages can levy their own income taxes. Over 590 Ohio municipalities impose a local income tax, with rates ranging from 0.5% to 3.0%. Lakewood's rate of 1.5% is lower than the Ohio municipal average (~2%).

If you live in Lakewood but work in another Ohio city that also has a municipal income tax, you receive a 33% credit for taxes paid to your work city. This partial credit means you may still owe some tax to Lakewood even after receiving credit for taxes paid to your work city.

Tax Layers for Lakewood Residents (2026)

Tax Type Rate
Federal Income Tax 10% - 37%
Ohio State Income Tax 0% to 3.5%
Lakewood Municipal Tax 1.5%
FICA (Social Security + Medicare) 7.65%
Credit for Taxes Paid to Other Cities 33%

About Lakewood, Ohio

Lakewood is a small-to-mid-sized Ohio municipality with a population of approximately 50,000, ranking #15 of 50 cities tracked here by population. Its 1.5% municipal income tax sits 0.50% below Ohio's ~2% municipal average.

Worked example. A Lakewood resident earning a $75,000 salary owes approximately $1,125 in Lakewood municipal tax for 2026 (1.5% × $75,000). With a 33% credit for taxes paid elsewhere, a worker who pays an equal rate to their work city would still owe approximately $754 to Lakewood after the credit.

Cities with comparable rates: Cincinnati (1.8%) , Lorain (2%) , Hamilton (2%) .

Ohio's Municipal Income Tax System

Ohio has one of the most extensive municipal income tax systems in the United States. With over 590 cities and villages levying their own income taxes, Ohio residents often pay tax to both their city of residence and their city of work. The credit system prevents full double taxation, but the complexity can be significant -- especially for commuters.

Municipal income taxes are administered by individual cities, the Regional Income Tax Agency (RITA), or the Central Collection Agency (CCA). Lakewood residents must file a municipal tax return each year, separate from their state and federal returns.

Key exemptions typically include Social Security benefits, unemployment compensation, workers' compensation, military pay, and certain retirement income. However, most wages, salaries, and business net profits are subject to the full municipal tax rate.