Property Tax & Income in Maricao Municipio, Puerto Rico
Maricao Municipio has an effective property tax rate of 0.17%. On the median home value of $115,700, that's roughly $199 per year. Median household income is $21,302.
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 | Maricao Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.17% | N/A |
| Median home value1 | $115,700 | — |
| 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 Maricao Municipio, PR
In Maricao Municipio, Puerto Rico, buying a home comes with a property tax bill that's hard to beat. The median home value sits at $115,700, and the median annual real-estate tax comes to just $199, based on an effective rate of 0.172%. That rate is well under Puerto Rico's statewide median of 0.389% and far below the national median of 0.794%. Among the state's 72 counties, Maricao ranks 69th for property tax rate, placing it near the bottom. Households here earn a median of $21,302, with per-capita income at $10,934, so keeping housing costs down matters. The combination of lower home values and a slim tax rate means annual property taxes take up a very small share of what a buyer would pay upfront and over time.