Real Estate and Public Utility Tangible Personal Property Taxes
Property Tax Mileage Rates: Average Tax Rates on the Two Classes of Real Property and Public Utility Tangible Personal Property, by City, for Taxes Collected in 2011
Table PR-5 shows average real and public utility tangible personal property tax rates due in calendar year 2011 in each of Ohio's cities (presented with their corresponding county location). These rates reflect all levies imposed on property located within the municipality by various local government units, such as the county, school district, township, special districts, and the municipality itself. The calculated tax rates are shown for three separate classifications: Class I Real (residential and agricultural), Class II Real (commercial, industrial, mineral, and public utility) and Public Utility Tangible Personal property. Rates are expressed in mills; a mill is equivalent to $1 per $1,000 of taxable value.
Gross and net tax rates are shown for the two major classes of real property. The gross rates are the actual rates applied to the real property values. The net rates are the rates after applying the percentage reductions on 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. Unlike real property, only the gross rate is applied to public utility tangible personal property.
Average tax rates were calculated by dividing tax year 2010 property taxes by tax year 2010 property values. The statewide average Class I gross tax rate was 97.22 and 94.27 mills for Class II gross. The statewide average Class I net tax rate was 64.00 mills and 70.35 mills for Class II net. The statewide average public utility tangible personal property tax rate was 92.53.
The City of Shaker Heights (Cuyahoga County) had the highest real property tax rates in the state - for both Class I and Class II, both gross and net, and for public utility tangible personal property. The City of Wellston (Jackson County) had the lowest gross real property tax rates (both Class I and Class II) and the lowest public utility tangible personal property tax rate, all at 41.9 each. The City of Upper Sandusky (Wyandot County) had the lowest net tax rates for both Class I and Class II, at 33.38 and 35.68, respectively.
Data for this table were taken from abstracts filed by county auditors with the Ohio Department of Taxation.