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Alina [70]
1 year ago
5

If the assessment rate is 46% and the tax rate is $37.84 per $1,000 of assessed value, the property tax on a house with a market

value of $170,000 is
Mathematics
1 answer:
iris [78.8K]1 year ago
8 0

The property tax on a house with a market value of $170,000 is <u>$2,959.09</u>.

<h3>What is property tax?</h3>

Property tax is a tax levied on the assessed value of property owned by an individual or a corporation.

<h3>Data and Calculations:</h3>

Assessment rate = 46%

Tax rate = $37.84 per $1,000

Market value of house = $170,000

Assessed value = $78,200 ($170,000 x 46%)

Property tax = $2,959.09 ($78,200 x $37.84/$1,000)

Thus, the property tax on a house with a market value of $170,000 is <u>$2,959.09</u>.

Learn more about property taxes at brainly.com/question/25844719

#SPJ1

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