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2026PercentofTotalValuebyPropertyType <br />Residential properties within the City of Centerville make up the majority (84.76%) of the city’s <br />total assessedproperty value.Commercial and industrial properties account <br />for 13.63%, Apartments 1.36%and Agricultural .25%. The tablebelow depicts the <br />percentage of total value associated with each property type within the city. <br />2026 Total EMV% of Total <br />Agricultural$ 0.25%1,774,500 <br />Apartment$ 1.36%9,693,500 <br />Commercial/Industrial$ 13.63%97,021,400 <br />Residential $ 84.76%603,547,000 <br />Totals$ 100.00%712,036,400 <br />Note: Includes new construction values <br />In 2026, the total market valuesby classificationremained fairly stable. Below is a chart showing <br />the percentageof market value for each grouping of the main property classesfrom 2021 to <br />2026. During 2021 through 2024 there was an 8.24% market share shift from residential/ag to <br />commercial/industrial/apartment class due to the addition of several new businesses and <br />apartments. Now there is a slight shift from the commercial/industrial/apartment classification <br />market share to the residential/agricultural. This trend seems to be due to more residential <br />construction activity anddecreasing market values of the commercial/industrial class properties. <br /> <br />4 <br /> <br />