Property Tax & Income in Ceiba Municipio, Puerto Rico
Ceiba Municipio has an effective property tax rate of 0.62%. On the median home value of $113,700, that's roughly $709 per year. Median household income is $25,454.
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 | Ceiba Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.62% | N/A |
| Median home value1 | $113,700 | — |
| 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 Ceiba Municipio, PR
In Ceiba Municipio, Puerto Rico, homes are priced well below what buyers pay in many mainland markets, with a median value of $113,700. That lower sticker price translates into a median annual property tax bill of just $709, based on an effective rate of 0.624%. Even though that rate sits above Puerto Rico's statewide median of 0.389% and ranks 8th among the territory's 72 counties, the actual dollars remain low because values are low. Nationally, the median effective rate is 0.794%, so Ceiba buyers pay a smaller share of home value than the average American. Household income here is $25,454, with per-capita income at $16,091, meaning affordability depends heavily on how a given budget lines up with these local earnings. For someone weighing a purchase, the combination of inexpensive housing and a $709 yearly tax bill shapes the overall cost of owning here.