Taxable Value of Real Property by Class of Property and County, Calendar Year 2002
All real property (except railroad property) in Ohio is classified by county auditors into one of five categories, depending on the property's 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 2002, the total taxable value of all real property in Ohio was approximately $186.6 billion. Of this amount, $134.2 billion or 71.9% was classified as residential property, $8.4 billion or 4.5% was classified as agricultural property, $8.8 billion or 4.7% was classified as industrial property, $35.1 billion or 18.8% was classified as commercial property, and $0.1 billion or 0.1% was classified as mineral property.
The counties with the highest percentage of each of the five property categories were: residential, Delaware County (83.0%); agricultural, Noble County (39.3%); industrial, Adams County (26.5%); commercial, Franklin County (26.9%); and mineral, Monroe County (2.4%).
The counties with the lowest percentage of each of the five property categories were: residential, Adams County (45.9%); agricultural, Cuyahoga County (0.0%); industrial, Gallia County (1.1%); commercial, Vinton County (5.2%); and 32 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.