Tax Data Series

Tax Data Series

Real Property: Taxable Value of Real Property by Class of Property and County, Calendar Year 2000

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 2000, the total taxable value of all real property in Ohio was approximately $167.6 billion. Of this amount, $119.3 billion or 71.1% was classified as residential property, $8.0 billion or 4.8% was classified as agricultural property, $8.1 billion or 4.9% was classified as industrial property, $32.1 billion or 19.1% was classified as commercial property, and $0.1 billion or 0.1% was classified as mineral property.

The county with the greatest percentage of its property value classified as: residential was Lorain County (79.5%); agricultural was Noble County (39.1%); industrial was Adams County (21.7%); commercial was Gallia County (27.8%); and mineral was Noble County (2.7%).

The county with the smallest percentage of its property value classified as: residential was Monroe County (45.0%); agricultural was Cuyahoga County (0.0%); industrial was Gallia County (1.2%); commercial was Vinton County (5.2%); and 34 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.