Property Tax & Income in Las Piedras Municipio, Puerto Rico
Las Piedras Municipio has an effective property tax rate of 0.35%. On the median home value of $127,500, that's roughly $448 per year. Median household income is $25,232.
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 | Las Piedras Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.35% | N/A |
| Median home value1 | $127,500 | — |
| 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 Las Piedras Municipio, PR
In Las Piedras Municipio, Puerto Rico, the median home value of $127,500 carries an annual property tax bill of just $448, based on an effective rate of 0.351%. That rate sits below Puerto Rico's statewide median of 0.389%, and well under the national median of 0.794%, so buyers here keep far more of each dollar than they would in most U.S. housing markets. The county ranks 41st of 72 in Puerto Rico for property tax rate, placing it in the middle tier locally even as it undercuts the national figure by a wide margin. With median household income at $25,232 and per-capita income at $16,474, the tax outlay amounts to a slim share of yearly earnings, which helps stretch budgets in a place where home prices stay accessible.