Property Tax & Income in Rincón Municipio, Puerto Rico
Rincón Municipio has an effective property tax rate of 0.23%. On the median home value of $154,700, that's roughly $350 per year. Median household income is $24,447.
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 | Rincón Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.23% | N/A |
| Median home value1 | $154,700 | — |
| 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 Rincón Municipio, PR
In Rincón Municipio, Puerto Rico, buying a home comes with an effective property tax rate of just 0.226%, well below the statewide median of 0.389% and far under the national median of 0.794%. That rate places the county 58th out of 72 in Puerto Rico for property taxes. With a median home value of $154,700, the median annual real-estate tax bill lands around $350 — a strikingly low carrying cost compared with most U.S. markets. Household income here is $24,447, and per-capita income is $15,582, so budgets are tighter than on the mainland, yet the combination of inexpensive housing and minimal taxes keeps ownership within reach. For a buyer weighing affordability, this county pairs low purchase prices with some of the lowest tax bills you will find anywhere.