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29 | P a g e <br /> <br />MARKET VALUE SECTION <br /> <br />Distribution of Market Value by Classification <br /> <br />With new construction included the pattern of change in the county’s total value and <br />classification value distribution can be seen in the following list of past assessment year data. <br /> <br />Estimated Market Value (EMV) by Classification & Percentage of Total <br /> <br /> <br /> <br /> <br />EMV (includes new construction)ay2019 ay2020 ay2021 ay2022 ay2023 <br />Total EMV 35,654,881,200$ 37,326,145,800$ 39,314,872,800$ 47,713,887,100$ 53,051,928,400$ <br />Agriculture EMV 1,250,153,700$ 1,315,056,100$ 1,271,577,600$ 1,578,317,900$ 1,650,874,300$ <br />Agriculture % of Total 3.5% 3.5% 3.2% 3.3% 3.1% <br />Apartment EMV 1,600,537,000$ 1,743,006,000$ 1,939,119,200$ 2,492,341,700$ 2,840,263,100$ <br />Apartment % of Total 4.5% 4.7% 4.9% 5.2% 5.4% <br />Commercial/Industrial EMV 3,607,962,900$ 3,884,295,400$ 4,214,432,800$ 4,395,244,900$ 5,374,873,700$ <br />Comm/Industrial % of Total 10.1% 10.4% 10.7% 9.2% 10.1% <br />Residential/SRR EMV 29,196,227,600$ 30,383,788,300$ 31,889,743,200$ 39,247,982,600$ 43,185,917,300$ <br />Residential/SRR % of Total 81.9% 81.4% 81.1% 82.3% 81.4% <br />3.1% <br />5.4%10.1% <br />81.4% <br />2023 EMV Distributuion by Classification <br />Agriculture <br />Apartment <br />Commercial/Industrial <br />Residential