Property Tax & Income in Barranquitas Municipio, Puerto Rico
Barranquitas Municipio has an effective property tax rate of 0.39%. On the median home value of $117,800, that's roughly $464 per year. Median household income is $23,407.
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 | Barranquitas Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.39% | N/A |
| Median home value1 | $117,800 | — |
| 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 Barranquitas Municipio, PR
Property taxes in Barranquitas Municipio run at an effective rate of 0.394%, placing the county slightly above Puerto Rico's statewide median of 0.389% and 36th among the island's 72 counties. That ranking puts Barranquitas near the middle of the pack locally, though the gap between its rate and the state figure is narrow enough that the two are nearly indistinguishable in practice. Against the national median of 0.794%, however, the county's rate is barely half, reflecting Puerto Rico's broader pattern of lower assessed property burdens. On a median home value of $117,800, owners pay roughly $464 annually in real-estate taxes. With median household income at $23,407 and per-capita income at $14,715, that bill amounts to about 2% of a household's yearly earnings — a meaningful share given the area's income levels, even though the headline rate looks small next to mainland averages.