Real Property Tax Relief, Number of Homestead
Exemptions Granted, Average Reduction in Taxable Value and
Total Reduction in Taxes, by County, Tax Year 2007
Homestead exemption property tax reductions are granted to
homeowners who are at least 65 years of age; permanently and
totally disabled; or to surviving spouses at least 59 years
of age if the deceased had previously received the
Before the 2007 tax year, eligibility for the exemption was
limited to taxpayers who earned $26,200 or less, with
benefits tiered according to income. However, starting
with the 2007 tax year (taxes due in 2008), income tests and
tiered benefits no longer apply (although homeowners that
received a higher credit under the program that existed in
tax year 2006 will continue to receive that year’s credit).
Instead, each qualified homeowner receives a credit equal to
the taxes that would otherwise be charged on up to $25,000 of
the true value (meaning, $8,750 in taxable value) of the
homestead. In effect, the homestead exemption shields up to
$25,000 of the true value of an eligible homestead from
In this first year of this simplified program, a total of
776,154 real property homestead exemptions were granted; the
average reduction in taxable value was $8,422; and the total
reduction in real property taxes was $317,967,721.
In comparison to tax year 2006, the number of homestead
exemptions granted increased by 258.0%, the average reduction
in property value increased by 106.9% and the total reduction
in property taxes increased by 353.6%.
Cuyahoga County had the greatest number of homeowners
receiving this tax reduction, 96,874, and the largest total
reduction in taxes, $50.9 million. Vinton County had the
least number of homeowners receiving this tax reduction,
1,165; while Noble County had the least total reduction in
The figures in the first two columns of this table were
compiled through a survey of county auditors conducted by the
Ohio Department of Taxation. The data in the third
column are actual distribution records from the Revenue
Accounting Division of the Ohio Department of Taxation.
This column shows the actual amounts reimbursed to each
county for the reduction in real property taxes attributable
to the homestead exemption, including reimbursements for
refunds issued by the county to taxpayers that filed "late"
applications for the tax year 2007 homestead exemption.
Calculated administrative fees of $ 6,359,354 paid to the
county auditors are excluded from Table HE-1.