These laws place limits on
total effective property tax rates and the growth in home values that determines these rates.
These laws place limits on
total effective property tax rates and the growth in home values that determines these rates.
Not exact matches
Combined, these two measures put caps on both the
total effective tax rate that cap be applied to any individual
property and the growth in assessed values, on which
taxes are based.
The average
effective property tax rate in the county is 0.93 %, and the median
total of real estate
taxes paid per household in Montgomery County is $ 4,193.
While the county has among the lowest
property tax rates in the state (the average
effective rate is 0.48 %), homeowners in Beaufort County pay the highest
total annual
taxes.
An
effective tax rate is the annual
property tax paid as a percentage of
total home value.