Real Property
Taxable Value of Real Property by Class of Property
and County
Calendar Year 1987
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 1987, the total taxable value of all real
property in Ohio was approximately $78,867 million. Of this
amount, $50,879 million or 64.5% was classified as
residential property, $5,511 million or 7.0% was classified
as agricultural property, $5,352 million or 6.8% was
classified as industrial property, $16,977 million or 21.5%
was classified as commercial property, and $148 million or
0.2% was classified as mineral property.