Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.
The average assessment ratio (aggregate ratio) is the relationship between the assessed value and market value of a particular parcel. As an example if a parcel sold for $50,000 and is assessed for $37,500 it is said to have a ratio of 75% Assessment Ratio = Assessed Value divided by Market Value (e.g.
