If a homeowner pays $8000 a year in taxes for a house valued at $250,000, how much would a homeowner pay in yearly taxes on a house valued at $175,000?

1 Answer
Aug 11, 2018

Owner of a home valued at $.175000 pays yearly tax =$.5600

Explanation:

Owner of a home valued at $.250000 pays yearly tax =$.8000
Owner of a home valued at $.175000 pays yearly tax =8000250000×175000=$.5600

Owner of a home valued at $.175000 pays yearly tax =$.5600