Land Value Tax Calculator
Enter your information below to find out how much you would pay if income and property taxes were replaced with land value taxes.
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You can estimate your property’s “Land Share” by consulting a licensed appraiser who can estimate the value of your property’s land, which you then need to manually divide by your current property value. For example, if your property is valued at $250,000 and your property’s land is valued at $100,000, your land share % is: $100,000 / $250,000 = 40%. Alternatively, if you live in the U.S., you can estimate your land share percentage by visiting the Lincoln Institute of Land Policy and use contemporary land share values for either your metropolitan area or your State.
By metropolitan area: http://www.lincolninst.edu/subcenters/land-values/data/landdata-msas-2011q3.xls
By U.S. State: http://www.lincolninst.edu/subcenters/land-values/data/landdata-states-2011q3.xlsx
If you don’t know your current property tax rate, but have your current property tax bill, simply divide your current property tax bill by your current property value to get your property tax rate.
If you don’t know your average tax rate, there are several websites on the Internet that will provide you with an estimate of your average tax rate.
Text source: http://Unitism.org/