Staying Informed

AccessFayetteville provides numerous ways to stay informed about your local government.

Share

Question

How much does the average citizen pay based on the above tax rate?

Answer

Washington County has set the assessed value of a residential property at 20% of its fair market value.  The City’s tax levy is taken times this assed valuation.  For example:  An individual who owns a home with an actual value of $160,000 would pay the following to the City:

$160,000 x 20% = $32,000 assessed valuation

$32,000 divided by $100 = $320 x $0.13 = $41.60