One measure of a community is its total assessed value. The assessed value is 35% of the real value of a property, as determined by the county auditor. The assessed value is also the value on which property taxes are calculated.

City of Mason Assessed Property Values (in millions)
	Tax Year
	2021	2022	2023	2024
Real Property	$1,512.6	$1,602.9	$1,641.1	$2,063.4
Public Utility Property	29.9	31.1	35.4	38.1
Total Assessed Prop. Values	$1,542.5	$1,634.0	$1,676.5	$2,101.6

Source: Warren County Auditor