Real Property
Taxable Value of Real Property by Class of Property
and County
Calendar Year 1989
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 1989, the total taxable value of all real
property in Ohio was approximately $85,622 million. Of this
amount, $55,681 million or 65.0% was classified as
residential property, $5,126 million or 6.0% was classified
as agricultural property, $5,567 million or 6.5% was
classified as industrial property, $19,111 million or 22.3%
was classified as commercial property, and $136 million or
0.2% was classified as mineral property.