Property Tax & Income in Juncos Municipio, Puerto Rico
Juncos Municipio has an effective property tax rate of 0.51%. On the median home value of $120,100, that's roughly $607 per year. Median household income is $29,863.
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 | Juncos Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.51% | N/A |
| Median home value1 | $120,100 | — |
| 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 Juncos Municipio, PR
In Juncos Municipio, Puerto Rico, buying a home is far less expensive than in most of the country, with a median value of $120,100. Property taxes here run at an effective rate of 0.505%, which works out to a median annual bill of $607. That rate sits above Puerto Rico's statewide median of 0.389%, and ranks 18th among the island's 72 counties, though it remains well below the national median of 0.794%. Households earning a median of $29,863 would devote roughly two percent of that income to real-estate taxes each year, while per-capita income stands at $16,242. For a buyer weighing affordability, the combination of a six-figure median price and a tax bill under $700 a year keeps the ongoing cost of ownership low in dollar terms, even if the rate itself is higher than much of the surrounding island.