Tax Rates
Local Rates
| Tax | Rate |
| 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 tax | 7.5% in addition to 5.3% state sales tax |
| Transient lodging tax | 9% 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.