The property tax on a house with a market value of $170,000 is $2,959.09.
What is property tax?
Property tax is a tax levied on the assessed value of property owned by an individual or a corporation.
Data and Calculations:
Assessment rate = 46%
Tax rate = $37.84 per $1,000
Market value of house = $170,000
Assessed value = $78,200 ($170,000 x 46%)
Property tax = $2,959.09 ($78,200 x $37.84/$1,000)
Thus, the property tax on a house with a market value of $170,000 is $2,959.09.
Learn more about property taxes at https://brainly.com/question/25844719
#SPJ1
