The Mill Rate Sleight of Hand That Costs You Monthly
Welcome to Superior, where City Hall brags about “lowering” the mill rate while residents are hit with higher tax bills thanks to skyrocketing reassessments. Let’s break it down in real numbers, showing what it actually costs in taxes monthly just to live in your home.
Real-Life Tax Bills: Monthly Breakdown
Here’s how much homeowners are shelling out per month for property taxes after reassessments. Spoiler: it’s more than you think.
The $100,000 House
- Old Valuation: $100,000
- Old Mill Rate: $22 per $1,000
- Old Annual Tax Bill: $2,200
- Old Monthly Cost: $183.33 per month
- New Valuation: $160,000 (60% increase)
- New Mill Rate: $16.28 per $1,000
- New Annual Tax Bill: $2,604
- New Monthly Cost: $217.00 per month
The $200,000 House
- Old Valuation: $200,000
- Old Mill Rate: $22 per $1,000
- Old Annual Tax Bill: $4,400
- Old Monthly Cost: $366.67 per month
- New Valuation: $320,000 (60% increase)
- New Mill Rate: $16.28 per $1,000
- New Annual Tax Bill: $5,209
- New Monthly Cost: $434.08 per month
The $65,000 House
- Old Valuation: $65,000
- Old Mill Rate: $22 per $1,000
- Old Annual Tax Bill: $1,430
- Old Monthly Cost: $119.17 per month
- New Valuation: $104,000 (60% increase)
- New Mill Rate: $16.28 per $1,000
- New Annual Tax Bill: $1,693
- New Monthly Cost: $141.08 per month
The $300,000 House
- Old Valuation: $300,000
- Old Mill Rate: $22 per $1,000
- Old Annual Tax Bill: $6,600
- Old Monthly Cost: $550.00 per month
- New Valuation: $480,000 (60% increase)
- New Mill Rate: $16.28 per $1,000
- New Annual Tax Bill: $7,814
- New Monthly Cost: $651.17 per month
The High Cost of Living in Superior
The monthly costs show the true price of the city’s “lower mill rate” PR campaign. While the mill rate technically dropped, reassessments boosted home values, leaving residents to shoulder higher monthly bills.
A Filling Dump, and No Plan
Ah, Superior, the city where your property taxes climb faster than a squirrel on an adrenaline rush, and yet the real mess—the landfill—is being ignored like that pile of dirty dishes in your sink. While City Hall is busy patting itself on the back for lowering the mill rate (but hiking your taxes anyway), let’s talk about the ticking time bomb they’re not mentioning: where all your garbage is going to go when the dump fills up. Spoiler: It could cost you even more.
