Property Taxes

How do property taxes work? (Back)

Property taxes are what most homeowners in the United States pay for the privilege of owning a piece of real estate, on average 1.5 percent of the property's current market value. These annual local assessments by county or local authorities help pay for public services and are calculated using a variety of formulas.

© 1999 Inman News Features © Copyright 1999 CENTURY 21 Real Estate Corporation. All rights reserved.

Century 21 Expert Realty Relocate to Vancouver Wa Vancouver Real Estate Homes for sale in Vancouver Wa - Century 21 Expert Realty Vancouver Real Estate

Property Taxes

How do property taxes work? (Back)

Property taxes are what most homeowners in the United States pay for the privilege of owning a piece of real estate, on average 1.5 percent of the property's current market value. These annual local assessments by county or local authorities help pay for public services and are calculated using a variety of formulas.

© 1999 Inman News Features © Copyright 1999 CENTURY 21 Real Estate Corporation. All rights reserved.