local property tax

Neighborhood real-estate assessment

A local property tax is a tax levied by a municipality, county, or other local government on real estate within its jurisdiction.

The tax is typically based on the assessed value of land and buildings, with rates varying by location.

Revenue funds local services like schools, roads, and emergency services: Our local property tax went up after the school bond passed.

Related

fair market value · tax base · real estate · municipality · zoning · revenue generation · parcel · road maintenance · taxable value · tax authority · tax collector · tax bill · ordinance · statutory requirements · foreclosure · city · school district · check

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Opposites
governmental level

local property taxfederal income tax

Levy on earnings nationwide

national tax · federal tax · state tax · state income tax · national insurance

tax base

local property taxincome tax

Government charge on earnings

sales tax · consumption tax · value-added tax · payroll tax · capital gains tax

wealth vs. income taxation

local property taxfederal income tax

Levy on earnings nationwide

wage tax · payroll tax

Family

local, locale, locality, locally, localize, localization, localized, localizing, allocate

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