Do good school
districts increase home values or are better - valued homes built in good school districts?
Not exact matches
For the average Arlington Heights
home with a median market property
value of $ 300,000, taxes would
increase about $ 71 per year for the next 25 years, park
district officials said.
The proposed
increase in the park
district tax rate of 25 cents per $ 100 of equalized assessed valuation would add about $ 52 to the annual tax bill of a
home with a market
value of $ 210,000,
district officials said.
For the 3,700 residences within Medinah Park
District boundaries, the bond issue translates into an annual increase to homeowners of about $ 12 on a home with a market value of $ 150,000, according to park district of
District boundaries, the bond issue translates into an annual
increase to homeowners of about $ 12 on a
home with a market
value of $ 150,000, according to park
district of
district officials.
The
increased home values mean
increased tax revenue, which is a benefit for public school
districts.
A good school
district increases a
home's
value, should you wish to sell in the future.
Independent We Stand, a national group made up of small businesses, developed a calculator showing just how much a
home's
value would have
increased over a 14 - year period if it was bolstered by a strong independent business
district.