All Property Taxes
Property Tax Millage Rates
Tax Rates on Two Classes of Real Property, Public Utility
Personal Property, and Tangible Personal Property, by City,
for Taxes Collected in Calendar Year 1995
Table PR-5 shows average property tax rates that were applied
to the 1994 real and public utility personal property values
in Ohio cities (presented with their corresponding county
location). Taxes on the 1994 real and utility property values
were collected during 1995. The table also shows average tax
rates applied to 1995 tangible personal property values.
Taxes on the 1995 personal property values were also
collected in 1995. Rates are expressed in mills. A mill is
equivalent to $1 per $1,000 of taxable value.
Within the residential and agricultural class of real
property, the City of Ironton (Lawrence County) had the
lowest gross tax rate of 40.40 and Sidney (Shelby County) had
the lowest net tax rate of 31.38. The City of Shaker Heights
(Cuyahoga County) had the highest gross tax rate of 160.70 as
well as the highest net tax rate of 80.09. As for the public
utility, commercial, industrial, and mineral class of real
property, again, Ironton had the lowest gross tax rate of
40.40 while Hillsboro (Highland County) had the lowest net
tax rate of 32.48. Shaker Heights maintained the highest
gross tax rate with 160.70 and the highest net tax rate of
97.63. Lastly, Ironton and Shaker Heights maintained their
positions regarding tangible personal property tax rates.
Ironton had the lowest rate of 40.40 while Shaker Heights had
the highest rate of 160.70.
For real property, average tax rates were calculated by
dividing 1994 property taxes by 1994 property values. For
tangible personal property, 1995 personal property taxes were
combined with 1994 public utility personal property taxes and
then were divided by 1995 personal property values combined
with 1994 public utility personal property values to produce
average tax rates.
Gross and net tax rates are shown for the two major classes
of real property: residential and agricultural; and
commercial, industrial, mineral, and public utility. The
gross rates are the actual rates applied to the real property
values. The net rates are the rates after applying the
percentage reductions in taxes levied required by Section
319.301(D) of the Ohio Revised Code (these percentage
reductions are generally referred to as "tax reduction
factors"). These rates were computed prior to any reduction
of real property taxes resulting from the 10 percent rollback
for all real property, the 2.5 percent rollback for
residential property, or the homestead exemption.
Taxes levied on tangible personal property and public utility
personal property are not reduced by the percentage
reductions applied to real property taxes. Only the gross
rate is applied to tangible personal and public utility
personal property. Tangible personal property rates were
computed prior to any reduction of values allowed by the
$10,000 exemption for tangible personal property.
The rates on this table were calculated from abstracts filed
by county auditors with the Ohio Department of Taxation.