Property Tax & Income in San Lorenzo Municipio, Puerto Rico
San Lorenzo Municipio has an effective property tax rate of 0.17%. On the median home value of $113,900, that's roughly $199 per year. Median household income is $22,847.
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 | San Lorenzo Municipio | Puerto Rico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.17% | N/A |
| Median home value1 | $113,900 | — |
| 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 San Lorenzo Municipio, PR
In San Lorenzo Municipio, Puerto Rico, buying a home comes with an unusually affordable tax picture. The median home value sits at $113,900, and the median annual real-estate tax bill is just $199, based on an effective rate of 0.175%. That rate is well under Puerto Rico's statewide median of 0.389%, and it ranks 67th out of 72 counties in the state. Nationally, the median effective rate is 0.794%, so San Lorenzo's homeowners pay far less than most Americans. Household income here is $22,847, with per-capita income at $14,903, meaning property taxes absorb only a small share of what people earn. For a buyer weighing affordability, the combination of low home values and minimal annual taxes keeps ownership costs down, even though local incomes are lower than on the mainland.