Property Tax Estimator公式

## Property Tax Calculation

**Annual Tax = (Home Value - Exemptions) x Tax Rate**

Property tax rates vary widely by location. The US average is about 1.1% of assessed value.

### Tax Rate Examples

| State | Avg Rate |
|---|---|
| New Jersey | 2.23% |
| Texas | 1.80% |
| California | 0.73% |
| Hawaii | 0.29% |

计算示例

$350,000 home, 1.2% rate, no exemption.

  1. Annual tax = $350,000 x 1.2% = $4,200
  2. Monthly escrow = $4,200 / 12 = $350