Property Tax & Income in Bayamón Municipio, Puerto Rico
Bayamón Municipio has an effective property tax rate of 0.41%. On the median home value of $149,100, that's roughly $612 per year. Median household income is $31,354.
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 | Bayamón Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.41% | N/A |
| Median home value1 | $149,100 | — |
| 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 Bayamón Municipio, PR
In Bayamón Municipio, Puerto Rico, homes carry a median value of $149,100, and the annual property tax bill on such a home comes to roughly $612. That works out to an effective rate of 0.410%, which edges past Puerto Rico's statewide median of 0.389% and places the county 34th among the island's 72 counties. Even so, the national median rate of 0.794% sits well above what buyers here would pay. With a median household income of $31,354 and per-capita income of $19,277, the tax bill equals about two percent of a household's yearly earnings, a share that stays within reach for many budgets. Buyers weighing Bayamón against mainland markets will find both entry prices and ongoing tax costs comparatively gentle, though the local rate does run slightly higher than much of Puerto Rico.