Property Tax & Income in Arecibo Municipio, Puerto Rico
Arecibo Municipio has an effective property tax rate of 0.35%. On the median home value of $116,700, that's roughly $404 per year. Median household income is $23,635.
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 | Arecibo Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.35% | N/A |
| Median home value1 | $116,700 | — |
| 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 Arecibo Municipio, PR
Buying a home in Arecibo Municipio comes with a property tax bill that stays low in both absolute and relative terms. The median home value sits at $116,700, and the median annual real-estate tax comes to just $404, based on an effective rate of 0.346%. That rate falls below Puerto Rico's statewide median of 0.389%, and the county ranks 42nd out of 72 within the territory. Nationally, the picture is even starker: the U.S. median effective rate is 0.794%, more than double what a buyer here would pay. Household finances in the area are tighter, though, with median household income at $23,635 and per-capita income at $15,244, so the low tax bill matters against those earnings. For someone weighing a purchase, the combination of inexpensive housing and a below-average tax rate keeps ongoing ownership costs down.