Taxable Value of Real Property by Class of Property
and County, Calendar Year 2003
All real property (except railroad property) in Ohio is
classified by county auditors into one of five categories:
residential, agricultural, industrial, commercial (includes
public utility real property), and mineral. The
classification is based on the property’s highest and best
possible use, or for agricultural property its current use.
In calendar year 2003, the total taxable value of all real
property in Ohio was approximately $196.4 billion. Of this
amount, $142.6 billion or 72.6% was classified as residential
property, $8.5 billion or 4.3% was classified as agricultural
property, $8.9 billion or 4.6% was classified as industrial
property, $36.2 billion or 18.4% was classified as commercial
property, and $0.1 billion or 0.1% was classified as mineral
The counties with the highest percentage of each of the five
property categories were: residential, Delaware County
(83.5%); agricultural, Noble County (38.7%); industrial,
Adams County (20.4%); commercial, Gallia County (28.7%); and
mineral, Noble County (2.7%).
The counties with the lowest percentage of each of the five
property categories were: residential, Monroe County (46.2%);
agricultural, Cuyahoga County (0.0%); industrial, Gallia
County (1.1%); commercial, Vinton County (5.4%); and 31
counties reported having no mineral property value.
These figures are taken from real property abstracts filed by
county auditors with the Ohio Department of Taxation.