Tax Data Series

Real Property

Real Property Tax Relief, Number of Homestead Exemptions Granted, Average Reduction in Taxable Value and Total Reduction in Taxes, by County, Tax Year 2009

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 exemption. 

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 the first $25,000 of true value (meaning, $8,750 in taxable value) of the homestead. In effect, the homestead exemption shields $25,000 of the true value of an eligible homestead from property taxation.

In tax year 2009, a total of 831,487 real property homestead exemptions were granted; the average reduction in taxes was $435 per homestead; and the total reduction in real property taxes was $364,254,922. 

In comparison to tax year 2008, the number of homestead exemptions granted increased by 2.6%, the average reduction in property taxes increased by 2.3%, and the total reduction in property taxes increased by 5.0%. 

Cuyahoga County had the greatest number of homeowners receiving this tax reduction (100,378) and the largest total reduction in taxes ($57.9 million). Noble County had the least number of homeowners receiving this tax reduction (1,274) and the least total reduction in taxes ($347,536).

The figures in the first column 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 from the distribution records of 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 2009 homestead exemption.  Calculated administrative fees of $10,927,648 paid to the county auditors are excluded from Table HE-1.