Homeowners enjoy many benefits, including a federal tax deduction for state and local property taxes paid. Fishers, Indiana, was voted one of the top 100 best places to live by Money magazine. With a population of 86,357, a median home price of $216,000, and estimated property taxes at 10.6 mills, how much does the average homeowner pay in property taxes? Note: Round your final answer to the nearest cent. Average homeowner pay in property tax

Homeowners enjoy many benefits, including a federal tax deduction for state and local property taxes paid. Fishers, Indiana, was voted one of the top 100 best places to live by Money magazine. With a population of 86,357, a median home price of $216,000, and estimated property taxes at 10.6 mills, how much does the average homeowner pay in property taxes? Note: Round your final answer to the nearest cent. Average homeowner pay in property tax

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter5: Introduction To Business Expenses

Section: Chapter Questions

Problem 42P

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Question

Homeowners enjoy many benefits, including a federal tax deduction for state and local property taxes paid. Fishers, Indiana, was voted
one of the top 100 best places to live by Money magazine. With a population of 86,357, a median home price of $216,000, and
estimated property taxes at 10.6 mills, how much does the average homeowner pay in property taxes?
Note: Round your final answer to the nearest cent.
Average homeowner pay in property tax

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