Property Tax & Income in Carolina Municipio, Puerto Rico
Carolina Municipio has an effective property tax rate of 0.47%. On the median home value of $157,600, that's roughly $736 per year. Median household income is $36,958.
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 | Carolina Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.47% | N/A |
| Median home value1 | $157,600 | — |
| 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 Carolina Municipio, PR
Carolina Municipio's effective property tax rate of 0.467% sits above Puerto Rico's statewide median of 0.389%, placing it 21st among the island's 72 counties for property tax rate. That ranking puts it in the upper-middle tier within its own state, though the gap between Carolina and the state median is fairly narrow. Against the national median of 0.794%, however, this county's rate looks considerably lower — roughly 40% below the U.S. figure. The practical result shows up in the median annual tax bill of $736 on a home valued at $157,600, set against a median household income of $36,958 and per-capita income of $22,102. What this signals is a jurisdiction that taxes property more heavily than much of Puerto Rico but still well below mainland norms, a pattern shaped by the island's distinct fiscal structure rather than by unusually aggressive local levies.