Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes(green) in 2007. Determining the value of property is a critical aspect of property taxatio

Tax rates vary widely among jurisdictions. They are generally set by the taxing jurisdiction's governing body. The method of determining the rate varies widely, but may be constrained under laws of particular states. In some jurisidictions, property is ta

Nearly all property tax imposing jurisdictions tax real property. This includes land, buildings, and all improvements (often called fixtures) that cannot be removed without damage to the property. Taxed property includes homes, farms, business premise

The average effective property tax of the 50 states on a household (2007). The effective tax shown is calculated using a microsimulation model based on the 1990 Public Use Microdata Sample of census records and statistical data from the Internal Revenu