Property Tax & Income in Hatillo Municipio, Puerto Rico
Hatillo Municipio has an effective property tax rate of 0.46%. On the median home value of $134,800, that's roughly $614 per year. Median household income is $28,146.
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 | Hatillo Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.46% | N/A |
| Median home value1 | $134,800 | — |
| 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 Hatillo Municipio, PR
In Hatillo Municipio, Puerto Rico, the median home value sits at $134,800, and the annual property tax bill that goes with it comes to about $614. That works out to an effective rate of 0.455%, which is higher than Puerto Rico's statewide median of 0.389% and places the county 26th out of 72 in the state. Even so, the national median rate of 0.794% is well above what a buyer here would pay. With median household income at $28,146 and per-capita income at $16,420, the tax bill amounts to roughly 2.2% of a household's yearly earnings. Affordability here rests mainly on the low entry price of housing rather than on an unusually favorable tax rate, so a purchaser should weigh both sides together.