Go to table 17.1 and find the property tax rate for the largest city in your state. ( Students: If you are not a resident in one of these States, then just name which one you are using for this question.)

What is the State you chose and is that rate above or below the national rate?

If it is above the national average, what effect on the property values is likely?

If it is below the national average, what effect on the property values is likely?

Check Attached photo and assume the city is Indianapolis

RANK Residential Property Tax Rates in the Largest City in Each State 2010 NOMINAL RATE ASSESSMENT EFFECTIVE RATE CITY ST PER $100 LEVEL PER 5100 Providence RI 3.04 100.0% 3.04 Louisville KY 2.86 100.0% 2.86 Indianapolis IN 2.84 100.0% 2.84 1. 2. 3. Prida 2 20 2000 277 RANK Residential Property Tax Rates in the Largest City in Each State 2010 NOMINAL RATE ASSESSMENT EFFECTIVE RATE CITY ST PER $100 LEVEL PER 5100 Providence RI 3.04 100.0% 3.04 Louisville KY 2.86 100.0% 2.86 Indianapolis IN 2.84 100.0% 2.84 1. 2. 3. Prida 2 20 2000 277