Tax Rates

Local Rates

Real estate$0.14 per $100 of assessed value
Personal property$0.45 per $100 of assessed value
Mobile homes$0.14 per $100 of assessed value
Machinery tools$0.45 per $100 of assessed value
Furniture / fixtures$0.45 per $100 of assessed value
Computer equipment$0.45 per $100 of assessed value
Meals tax7.5% in addition to 5.3% state sales tax
Transient lodging tax9% in addition to 5.3% state sales tax
Cigarette tax$0.40 per pack

Please note: Taxes on real estate, personal property, mobile homes, machinery tools, furniture / fixtures, and computer equipment are assessed by Montgomery County on January 1 for both county and town residents. All taxes are due by December 5 of each year. As a town resident, you are subject to taxation by both jurisdictions. Please see the Montgomery County website for their tax rates.

* Beginning in the 2016 tax year, personal property taxes are prorated for vehicles bought and/or sold after tax assessment. Be sure to contact the DMV and Commissioner of the Revenue to change your address and vehicle information and ensure you are paying taxes to the proper locality.