So you’re able to train how big is assets income tax assessments will likely be into the areas where in actuality the home value is highest, examine these instances:
- A flat towards Ny City’s Upper Western Front – a city rich having finest-ranked colleges, well-tended areas, reduced crime and you may advanced level societal qualities – will be valued in the $dos,350,one hundred thousand. Which have property tax portion of .88%, the brand new annual property goverment tax bill is around $20,one hundred thousand.
- On the reverse side of one’s U.S. is a just as pricey town: San francisco. A house in the outside Sundown District, discover just a few reduces on Pacific Ocean and you will Golden Entrance Park which have effortless transportation supply, will probably be worth $step one,200,100000. That have a property tax part of step one.2%, the property taxation responsibility would-be regarding the $fourteen,five-hundred.