Tax Data Series

Real Property

Real Property Tax Relief, Number of Homestead Exemptions Granted, Average Reduction in Taxable Value and Total Reduction in Taxes, by County, Tax Year 2001

Homestead exemption property tax reductions are granted to qualified low-income homeowners who are at least 65 years of age or permanently and totally disabled or to surviving spouses at least 59 years of age if the deceased had previously received the exemption. Qualified senior citizens or disabled homeowners receive tax reductions based on their total income, provided that the income does not exceed $23,700. The reduction is equal to the gross millage property tax rate multiplied by the reduction in taxable value shown in the following schedule (Tax Year 2001):

There were five counties that did not submit tax year 2001 data. Using prior year's data, it is estimated that homestead exemption property tax reductions were granted to 225,893 homeowners (manufactured homeowners are not included; see table HE-2 for additional information). The taxes on the property owned by such taxpayers were reduced by $65.1 million. The average tax reduction amounted to $288.

Overall, the number of homestead exemptions granted decreased by 0.7%, the average reduction in property value decreased by 0.5% and the total reduction in property taxes decreased by 2.0%.

Cuyahoga County had the greatest number of homeowners receiving this tax reduction, 33,026, and the largest total reduction in taxes, $12.6 million. Paulding County had the least number of homeowners receiving this tax reduction, 405, while Wyandot county had the least total reduction in taxes, $89,694.

The figures in the first two columns of this table were compiled through a survey of county auditors conducted by the Ohio Department of Taxation. The data in the third column are actual distribution records from the Revenue Accounting Division of the Ohio Department of Taxation. This column shows the reduction in real property taxes - actual amounts reimbursed to each county for the homestead exemption, including reimbursements for refunds issued by the county to taxpayers that filed "late" applications for the tax year 2001 homestead exemption. Administrative fees of $1,301,069 paid to the county auditors are excluded from Table HE-1.