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Frequently Asked Questions

What is the property tax rate in Miami?

The median property tax in Miami-Dade County, Florida is $2,756 per year for a home worth the median value of $269,600. Miami-Dade County collects, on average, 1.02% of a property's assessed fair market value as property tax.

What is the tax rate in Miami County?

The Miami County Sales Tax is 1.25%. A county-wide sales tax rate of 1.25% is applicable to localities in Miami County, in addition to the 5.75% Ohio sales tax. None of the cities or local governments within Miami County collect additional local sales taxes.

How do you calculate the average tax rate?

The average tax rate equals total taxes divided by total taxable income. Calculating the average tax rate involves adding all of the taxes paid under each bracket and dividing it by total income. The average tax rate will always be lower than the marginal tax rate.

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