Single-Family House Example
| Fiscal year |
FY24 |
FY23 |
FY22 |
FY21 |
FY20 |
Average Single-Family House assessed value
|
$739,506
|
$668,273
|
$597,742 |
$550,083
|
$540,688 |
Residential tax rate (per $1,000)
|
$12.50
|
$12.84 |
$13.35 |
$13.67 |
$13.72 |
| Average tax bill |
$9,243.83 |
$8,580.63 |
$7,979.86 |
$7,519.63 |
$7,418.24 |
| Average increase (year-on-year) |
$663.20 |
$600.77 |
$460.23 |
$101.39 |
$344.63 |
Source: 2024 Classification Hearing
Historical Tax Rates
| YEAR |
RESIDENTIAL |
CIP |
| 1968 |
$84.00 |
$84.00 |
| 1970 |
$32.00 |
$32.00 |
| 1971 |
$35.00 |
$35.00 |
| 1972 |
$39.60 |
$39.60 |
| 1973 |
$39.20 |
$39.20 |
| 1974 |
$19.20 |
(6 months) |
| 1975 |
$43.80 |
$43.80 |
| 1976 |
$46.80 |
$46.80 |
| 1977 |
$49.60 |
$49.60 |
| 1978 |
$52.40 |
$52.40 |
| 1979 |
$57.20 |
$57.20 |
| 1980 |
$59.80 |
$59.80 |
| 1981 |
$57.60 |
$57.60 |
| 1982 |
$52.20 |
$52.20 |
| 1983 |
$18.21 |
$28.18 |
| 1984 |
$18.30 |
$29.25 |
| 1985 |
$19.23 |
$29.93 |
| 1986 |
$13.06 |
$23.92 |
| 1987 |
$14.04 |
$25.45 |
| 1988 |
$14.44 |
$26.28 |
| 1989 |
$8.98 |
$18.69 |
| 1990 |
$9.46 |
$19.33 |
| 1991 |
$9.80 |
$19.86 |
| 1992 |
$11.33 |
$25.30 |
| 1993 |
$11.89 |
$25.90 |
| 1994 |
$12.33 |
$26.47 |
| 1995 |
$13.82 |
$30.12 |
| 1996 |
$14.33 |
$30.80 |
| 1997 |
$14.76 |
$31.90 |
| 1998 |
$13.97 |
$31.05 |
| 1999 |
$14.05 |
$31.28 |
| 2000 |
$14.75 |
$31.67 |
| 2001 |
$12.76 |
$27.84 |
| 2002 |
$13.37 |
$29.60 |
| 2003 |
$14.03 |
$31.20 |
| 2004 |
$10.23 |
$26.41 |
| 2005 |
$10.48 |
$26.15 |
| 2006 |
$11.15 |
$26.07 |
| 2007 |
$10.93 |
$23.89 |
| 2008 |
$12.05 |
$25.18 |
| 2009 |
$12.62 |
$26.43 |
| 2010 |
$13.57 |
$28.87 |
| 2011 |
$14.37 |
$31.06 |
| 2012 |
$15.43 |
$32.20 |
| 2013 |
$15.79 |
$34.37 |
| 2014 |
$16.08 |
$34.72 |
| 2015 |
$15.87 |
$33.95 |
| 2016 |
$15.49 |
$33.02 |
| 2017 |
$14.76 |
$31.36 |
| 2018 |
$14.55 |
$30.68 |
| 2019 |
$14.15 |
$29.79 |
| 2020 |
$13.72 |
$28.70 |
| 2021 |
$13.67 |
$28.86 |
2022
|
$13.35 |
$27.93 |
| 2023 |
$12.84
|
$26.55
|
| 2024 |
$12.50
|
$25.88 |
