Rincón Municipio, PR — income, home value, property tax, and sales tax.
In ZIP code 00677, homes carry a median value of $153,200 while the county-level effective property tax rate sits at 0.23%. That rate translates into a comparatively small annual bill, yet households here earn a median of just $24,266, with per-capita income at $15,523. Even a low rate can weigh heavily against such earnings, since property taxes are owed regardless of income. A combined sales tax of 11.50% adds further cost to everyday purchases, tightening budgets already stretched by low wages. Homeownership in this ZIP thus depends less on the tax rate itself than on the gap between what homes cost and what residents bring in.
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