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  • Average Tax Bill 2020 vs. 2021 Using Estimated Tax Rates

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    Neal McNamara
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    The document compares average property tax bills in the city for different property types between 2020 and 2021. It shows the assessed value and tax rate used to calculate the 2021 estimated tax bill for single family homes, condos, two family homes, three family homes, apartments, commercial properties, and industrial properties. The percentage increase in tax bills from 2020 to 2021 ranges from 2.23% for two family homes to 7.91% for apartments.

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    Estimated 2021 Milford tax rates.

    Original Title

    Milford 2021 Tax Rates

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    The document compares average property tax bills in the city for different property types between 2020 and 2021. It shows the assessed value and tax rate used to calculate the 2021 estimated tax bill for single family homes, condos, two family homes, three family homes, apartments, commercial properties, and industrial properties. The percentage increase in tax bills from 2020 to 2021 ranges from 2.23% for two family homes to 7.91% for apartments.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    37 views1 page

    Average Tax Bill 2020 vs. 2021 Using Estimated Tax Rates

    Uploaded by

    Neal McNamara
    The document compares average property tax bills in the city for different property types between 2020 and 2021. It shows the assessed value and tax rate used to calculate the 2021 estimated tax bill for single family homes, condos, two family homes, three family homes, apartments, commercial properties, and industrial properties. The percentage increase in tax bills from 2020 to 2021 ranges from 2.23% for two family homes to 7.91% for apartments.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Average Tax Bill 2020 vs.

     2021 
    Using Estimated Tax Rates
    Property Type 2020 2021 Tax Rate  2021 Tax Change % Change
    Tax Using  Average  With Tax Bill
    FY20 AAV Value 1.58 Shift

    Single Family $5,447 348,700 15.98 $5,572 $125 2.30%


    Condo $3,993 258,200 15.98 $4,126 $133 3.33%
    Two Family $5,077 324,800 15.98 $5,190 $113 2.23%
    Three Family $5,683 365,600 15.98 $5,842 $159 2.80%
    Apartments $8,167 551,500 15.98 $8,813 $646 7.91%
    Commercial $27,304 938,400 29.69 $27,861 $557 2.04%
    Industrial $35,346 1,234,900 29.69 $36,664 $1,318 3.73%

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