Answered

Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Get expert answers to your questions quickly and accurately from our dedicated community of professionals. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

If the assessment rate is 46% and the tax rate is $37.84 per $1,000 of assessed value, the property tax on a house with a market value of $170,000 is

Sagot :

anthougo

The property tax on a house with a market value of $170,000 is $2,959.09.

What is property tax?

Property tax is a tax levied on the assessed value of property owned by an individual or a corporation.

Data and Calculations:

Assessment rate = 46%

Tax rate = $37.84 per $1,000

Market value of house = $170,000

Assessed value = $78,200 ($170,000 x 46%)

Property tax = $2,959.09 ($78,200 x $37.84/$1,000)

Thus, the property tax on a house with a market value of $170,000 is $2,959.09.

Learn more about property taxes at https://brainly.com/question/25844719

#SPJ1

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.