Calculated Based on Assessed Value and Local Tax Rate
The annual property tax is determined by multiplying the assessed value of the land (and any improvements) by the local property tax rate set by the city or county tax assessor. The assessed value may differ from market value and is often updated annually or biannually.
- Typical property tax rates range from 1% to 3% of assessed value, depending on location
- Vacant or undeveloped land may be taxed at a lower rate than improved properties
- Special assessments or district levies may also apply (e.g., fire, school, infrastructure districts)
Verified Through County Assessor or Tax Collector’s Office
The most accurate way to find the current tax amount is by accessing the county assessor’s website or contacting the local tax collector’s office using the property’s parcel number or address.
- Property tax records list assessed land value, tax rate, and annual amount due
- Online portals often provide past payment history and outstanding balances
- Tax bills may also include fees for drainage, lighting, or special benefit districts
Subject to Change Based on Development or Market Conditions
Once the land is developed or rezoned, the assessed value—and thus the annual tax—can increase significantly. It’s important to factor in future tax obligations based on intended improvements.
- New construction or entitlement approvals can trigger reassessment
- Property owners may be eligible for appeals or exemptions if over-assessed
- Taxes may increase annually due to inflation adjustments or voter-approved levies