THE IMPACT OF POPULATION GROWTH ON RESIDENTIAL PROPERTY TAXES

Bruce A. Weber and Shepard C. Buchanan

Western Journal of Agricultural Economics, 1980, vol. 05, issue 2, 8

Abstract: A multivariate model of the effect of population on local fiscal behavior, assessed value of property and average single family home values is estimated using cross-sectional data from Oregon. Regression results suggest that property tax levies are unit elastic with respect to population, that the total assessed value of property increases less than proportionally with population, and that the average value of a single family home increases with population. These results imply a positive relationship between population and both property tax rates and the tax bill of the average single family homeowner. Ceteris paribus, increases in average residential property taxes are associated with increases in population.

Keywords: Public; Economics (search for similar items in EconPapers)
Date: 1980
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/32399/files/05020177.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32399

DOI: 10.22004/ag.econ.32399

Access Statistics for this article

More articles in Western Journal of Agricultural Economics from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().