2024 Final Tax Rates & Levy
Property Class |
Norfolk County Tax Rate |
Education Tax Rate |
Total Tax Rate |
CVA* |
County Tax Levy |
Education Levy |
Total Levy |
|---|---|---|---|---|---|---|---|
Residential |
0.01355816 |
0.00153000 |
0.01508816 |
7,585,715,429 |
102,848,344 |
11,606,145 |
114,454,488 |
Residential Farmland Awaiting Development |
0.00338954 |
0.00038250 |
0.00377204 |
104,000 |
353 |
40 |
392 |
Multi-Residential |
0.02295261 |
0.00153000 |
0.02448261 |
63,697,100 |
1,462,015 |
97,457 |
1,559,471 |
New Multi-Residential |
0.01355816 |
0.00153000 |
0.01508816 |
7,043,500 |
95,497 |
10,777 |
106,273 |
Commercial (Occupied) |
0.02295261 |
0.00880000 |
0.03175261 |
497,736,669 |
11,424,356 |
4,393,425 |
15,817,781 |
Commercial Excess Lands/Vacant Lands |
0.01537825 |
0.00880000 |
0.02417825 |
20,523,410 |
315,614 |
180,672 |
496,286 |
Industrial (Occupied) |
0.02295261 |
0.00880000 |
0.03175261 |
129,342,197 |
2,968,741 |
1,142,814 |
4,111,555 |
Industrial Excess Lands/Vacant Lands |
0.02295261 |
0.00880000 |
0.02417825 |
10,675,355 |
164,168 |
94,476 |
258,645 |
Pipelines |
0.01537825 |
0.00880000 |
0.02899352 |
57,567,000 |
1,162,480 |
506,590 |
1,669,070 |
Farmland |
0.02019352 |
0.00038250 |
0.00350088 |
2,542,533,491 |
7,928,586 |
972,519 |
8,901,105 |
Small Scale On Farm Business |
0.00311838 |
0.00220000 |
0.00793815 |
478,000 |
2,743 |
1,052 |
3,794 |
Managed Forests |
0.00573815 |
0.00038250 |
0.00377204 |
50,485,396 |
171,122 |
19,311 |
190,433 |
Total Taxable Assessment |
10,965,901,547 |
||||||
Total Levy |
$128,544,018 |
$19,025,276 |
$147,569,294 |
* Current Value Assessment (CVA) related to Exempt, Payments in Lieu of Taxes (PILs) are not included in this schedule. Based on 2023 Returned Roll for 2024 Taxation.
