Tax Data Series

REAL ESTATE TAXES:  Taxable Value of Real Property by Class of Property and County, Calendar year 2018

All real property (except railroad property) in Ohio is classified by county auditors; these classifications fall into one of five categories, depending on the properties’ highest and best possible use, or for certain agricultural property its current use. These categories are: residential, agricultural, industrial, commercial (includes public utility real property), and mineral.

In calendar year 2018, the total taxable value of all real property in Ohio was approximately $255.8 billion, an increase of 3.5% from calendar year 2017. Of this amount, approximately $182.5 billion or 71.3% was classified as residential property, approximately $17.9 billion or 7.0% was classified as agricultural property, approximately $10.6 billion or 4.1% was classified as industrial property, approximately $43.6 billion or 17.1% was classified as commercial property, and approximately $1.2 billion or 0.5% was classified as mineral property.

The counties with the highest percentage of each of the five property categories were: residential, Delaware County (86.6%); agricultural, Paulding County (46.8%); industrial, Adams County (14.4%); commercial, Cuyahoga County (25.0%); and mineral, Monroe County (38.1%).

The counties with the lowest percentage of each of the five property categories were: residential, Monroe County (25.1%); agricultural, Cuyahoga County (0.0%); industrial, Athens County (0.6%); commercial, Monroe County (3.4%); and 33 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.