How Property Taxes are Calculated
If your residential property (land & dwelling) had a value of $100,000 here is how property tax would be computed. To adjust for your property value change the appropriate Assessed Property Value.
Assessed Property Value $100,000
X Residential Rollback (most recent) 56.1324%
Gross Taxable Value $56,132
X Tax Levy (dollars per $1,000 of value) $20 (The combined tax levy rate of all taxing jurisdictions where your property is located.)
Gross Taxes Due (Annually) $1,127