Real Property
Taxable Value of Real Property by Class of Property
and County
Calendar Year 1985
All real property (except railroad property) in Ohio is
classified by county auditors into one of five categories,
depending on the property's highest or best probable use or
current use for certain agricultural property. These
categories are residential, agricultural, industrial,
commercial (includes public utility real property), and
mineral.
In calendar year 1985, the total taxable value of all real
property in Ohio was approximately $72,245 million. Of this
amount, $47,172 million or 65.3% was classified as
residential property, $5,881 million or 8.1% was classified
as agricultural property, $5,020 million or 7.0% was
classified as industrial property, $14,002 million or 19.4%
was classified as commercial property, and $170 million or
0.2% was classified as mineral property.
These figures are taken from real property abstracts filed by
county auditors with the Ohio Department of Taxation.