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2024PercentofTotalValuebyPropertyType <br />Residential properties within the City of Centerville make up the majority of the cityÔs total <br />assessed valuation at nearly 84% of the cityÔs total value.Commercial and industrial <br />properties account for 14.53%, Apartments 1.35% and the Agricultural properties are <br />under halfof a percent. The chart below depicts the percentage of total value associated <br />with each property type within the city. <br />Note: Includes new construction values <br />The commercialand industrial share of the overall valuation has been growing inthe past few <br />years with the addition of several new businesses. Below is a chart showing the percentageof <br />market value that has shifted from the residential class to the commercial, industrial and <br />apartment classesfrom 2021 to 2024. <br /> Note: the above chart does not include the Agricultural category due to the negligible amount ofvalue <br />3 <br /> <br />