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Oklahoma Town Faces 75% Property Tax Hike To Cover Sexual Abuse Settlement
(www.newsweek.com)
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this post was submitted on 30 Sep 2025
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Your back of the envelope math is good, but small towns usually have very low property values due to not being super desirable places to live (and declining populations) a realistic average would be 100k average home value. Some will be smaller, older houses and only worth around 25-50k, some will be much newer houses built in this century worth closer to 200-300k but most will be older homes that people continue to live in and maintain worth around 100k