Tax Rate
2023 Equalization Rate: 96.1
What does "equalization rate" mean? This rate, sometimes called the equalization ratio, is used by the Department of Revenue Administration to calculate a municipality's equalized assessed valuation. A rate of 100 means the municipality is assessing property at 100 percent of market value. A rate of less than 100 means the municipality's total market value is greater than its assessed value. A rate greater than 100 means the total assessed value for the municipality is greater than its total market value.
| Year | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Tax Rate | $12.27 | $18.09 | $18.72 | 16.58 | $16.40 | $15.79 |
| Equalization Rate | 96.1 | 60.3 | 73.6 | 83.2 | 91.0 | 95.8 |
Tax Breakdown
| Year | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| School | $7.53 | $11.32 | $10.97 | $9.64 | $9.83 | $9.51 |
| Town | $2.88 | $4.40 | $4.82 | $4.03 | $3.64 | $3.34 |
| State | $1.23 | $1.45 | $1.99 | $2.00 | $1.98 | $2.02 |
| County | $0.63 | $0.92 | $0.94 | $0.91 | 0.95 | $0.92 |