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2023PercentofTotalValuebyPropertyType <br />Residential properties within the City of Centerville make up 87% of the city’s total assessed <br />valuation.Commercial and industrial properties account for 11% and Apartments2% ofthe <br />total valuation.The chart below depicts the percentage of total value associated with each <br />property type within the city. <br />The commercial, industrial and apartment share of the overall valuation has been growing the <br />past few years with the addition of several new businesses. Below is a chart showing the percent <br />of market value that has shifted from the residential class to commercial, industrial and <br />apartment classesfrom 2021 to 2023. <br />3 <br /> <br />