Property Tax & Income in Aguas Buenas Municipio, Puerto Rico
Aguas Buenas Municipio has an effective property tax rate of 0.14%. On the median home value of $144,000, that's roughly $199 per year. Median household income is $23,072.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Aguas Buenas Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.14% | N/A |
| Median home value1 | $144,000 | — |
| State income tax3 | — | — |
| State sales tax3 | — | — |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Aguas Buenas Municipio, PR
Aguas Buenas Municipio carries an effective property tax rate of 0.138%, well beneath Puerto Rico's statewide median of 0.389% and far under the national median of 0.794%. That gap places the county last among the island's 72 municipios for property tax rate, a ranking that reflects how little local governments here collect relative to elsewhere. A median home value of $144,000 yields an annual real-estate tax bill of just $199. Against a median household income of $23,072 and per-capita income of $15,546, even that modest sum matters, yet it remains a smaller share of earnings than homeowners pay in most U.S. communities. The low levy signals limited local revenue capacity, which can translate into thinner public services even as it keeps housing costs down.