A new NAHB analysis of 2012 American Community Survey data from the Census Bureau reports the average
effective property tax rates by state.
We calculated
the effective property tax rate by dividing median property tax paid by median home value for each city.
Not exact matches
Another way of determining
property tax burden is
by looking at
effective tax rates.
Average
effective rates are calculated as median annual
property tax divided
by median home value.
The average
effective tax rate is calculated
by taking the median annual
property tax as a percentage of the median home value.
The county's average
effective property tax rate is 2.94 %, a number topped
by fewer than 20 counties in the U.S.
The county's average
effective property tax rate is 2.94 %, a number topped
by fewer than 20 counties in the U.S.
Published
tax rates may differ slightly from the average
effective rates used
by NeighborhoodScout, where NeighborhoodScout's
tax rates more closely follow the
taxes paid
by property owners.
Average
effective rates are calculated as median annual
property tax divided
by median home value.
An
effective tax rate is the amount you actually pay annually divided
by the value of your
property.
The average
effective rate is calculated
by dividing the median annual
property tax payment
by the median home value.
The average annual
property tax in the U.S. was $ 3,296 in 2016, with an
effective tax rate of 1.15 percent, according to a new report released
by ATTOM Data Solutions.
In keeping with prior analyses, NAHB calculates this — the
effective property tax rate as measured
by taxes paid per $ 1,000 of home value —
by dividing aggregate real estate
taxes paid
by the aggregate value of owner - occupied housing units within a state.
(A cash - on - cash
rate of return is a measure of investment return determined
by a ratio of the
property's cash flow and its
effective gross income after expenses,
taxes, and debt service.)
In our calculator, we take your home value and multiply that
by your county's
effective property tax rate.
Home prices in Virginia can exceed the national average
by hundreds of thousands of dollars, largely due to its proximity to Washington, D.C. Virginia homeowners do save on
property taxes, as the state's
effective tax rate is well below the national average.