Homeowners enjoy many benefits, including a federal tax deduction for state and local property taxes paid. Des Moines, Iowa, was voted one of the top 100 best places to live in 2011 by Money Magazine. With a median home price of $180,000 and property taxes at 27.38 mills, how much does the average homeowner pay in property taxes? (Round your answer to the nearest cent.)

Average homeowner pays $