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Yearly Comparison

Tax dollar difference fiscal year 2016 to fiscal year 2015

Fiscal Year 2017 (current)

Property type Value Rate Tax $
Average single family $475,910 $10.56 $5,025.61
Average condominium $362,561 $10.56 $3,828.64
Average two family $554,641 $10.56 $5,857.01
Average three family $672,212 $10.56 $7,098.56
Average commercial/industrial $1,227,988 $20.46 $25,124.63

Fiscal Year 2016 (former)

Property type Value Rate Tax $
Average single family $424,100 $11.19 $4,745.68
Average condominium $317,900 $11.19 $3,557.30
Average two family $508,300 $11.19 $5,687.88
Average three family $598,500 $11.19 $6,697.22
Average commercial/industrial $1,131,900 $21.82 $24,698.06

With this information and acceptance of the minimum residential factor:

  • Single family ($475,910 average value) will see a $279.93 increase for the year
  • Condos ($362,561 average value) will see a $271.34 increase for the year
  • Two family ($554,641 average value) will see a $169.13 increase for the year
  • Three family ($672,212 average value) will see a $401.34 increase for the year
  • Commercial/industrial ($1,227,988 average value) will see a $426.58 increase for the year