County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Hormigueros Municipio, Puerto Rico

Hormigueros Municipio has an effective property tax rate of 0.30%. On the median home value of $121,700, that's roughly $362 per year. Median household income is $26,828.

Effective Property Tax Rate1
0.30%
median tax $362 ÷ median home $121,700
Median Home Value1
$121,700
owner-occupied
Median Household Income1
$26,828
per-capita $16,601
Est. Annual Tax on Median Home1
$362
at 0.30% effective rate

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.

MetricHormigueros MunicipioPuerto Rico (state context)
Effective property tax rate10.30%N/A
Median home value1$121,700
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 Hormigueros Municipio, PR

In Hormigueros Municipio, Puerto Rico, the effective property tax rate stands at 0.297%, which falls below Puerto Rico's statewide median of 0.389%. Among the state's 72 counties, this one ranks 51st by property tax rate. The gap with the national median of 0.794% is wider still — less than half. A median home value of $121,700 generates an annual real-estate tax bill of about $362. Households here earn a median of $26,828, with per-capita income at $16,601. Those income figures matter when weighing the tax rate: a lower rate against limited earnings can still shape affordability in ways a percentage alone doesn't capture. What the ranking signals is a county where property taxes take a comparatively restrained share of home value, though the broader economic picture suggests cost sensitivity remains a real factor for many households.

Frequently asked questions

What is the property tax rate in Hormigueros Municipio, PR?
The effective rate is 0.30% — meaning the median tax bill equals about 0.30% of the median home value.
How much are property taxes on a median home?
On the median home ($121,700), the estimated annual bill is about $362.
Is Hormigueros Municipio's rate high or low?
Compare it to the state median of N/A and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Hormigueros Municipio assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Hormigueros Municipio assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.