Property Tax & Income in Cayey Municipio, Puerto Rico
Cayey Municipio has an effective property tax rate of 0.41%. On the median home value of $148,300, that's roughly $614 per year. Median household income is $30,129.
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 | Cayey Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.41% | N/A |
| Median home value1 | $148,300 | — |
| 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 Cayey Municipio, PR
Cayey Municipio’s effective property tax rate of 0.414% sits above Puerto Rico’s statewide median of 0.389%, placing it 33rd among the island’s 72 counties. That ranking puts the municipality near the middle of the pack locally, though its rate still trails the national median of 0.794% by a wide margin. A home valued at the median $148,300 carries an annual real-estate tax bill of about $614. Against a median household income of $30,129, that levy takes up a noticeable share of earnings, a reflection of how property taxes weigh on budgets in places where incomes run lower. Per-capita income stands at $18,854. The takeaway: Cayey’s tax rate is slightly above its state norm yet well below what many mainland homeowners face.