Appendix Table D.
Population and Property Tax Burden for U.S. Counties in 2000
| Dependent Variable=Effective Property Tax Rate | ||||
|---|---|---|---|---|
| % Rural | −2.516*** | −2.014*** | ||
| (0.275) | (0.197) | |||
| Population in Millions | 3.788*** | 1.248*** | ||
| (0.555) | (0.471) | |||
| (Population in Millions)^2 | −4.69e-07*** | −1.55e-07*** | ||
| (8.00e-08) | (5.91e-08) | |||
| Percent of Population Enrolled in School | 0.0659 | −2.840 | ||
| (2.219) | (2.387) | |||
| Home Owner Rate | −3.320*** | −7.339*** | ||
| (1.003) | (0.743) | |||
| Median Household Income | 0.000101*** | 0.000136*** | ||
| (1.02e-05) | (1.15e-05) | |||
| Average Property Value | −2.34e-05*** | −2.66e-05*** | ||
| (2.40e-06) | (2.58e-06) | |||
| Percent Black | 1.446*** | 1.053* | ||
| (0.555) | (0.563) | |||
| Percent Non-white & Non-black | 0.432 | 0.866 | ||
| (0.557) | (0.548) | |||
| Constant | 11.33*** | 9.509*** | 12.06*** | 13.31*** |
| (0.186) | (0.0882) | (0.650) | (0.568) | |
| Observations | 3060 | 3137 | 3060 | 3137 |
| Adjusted R-squared | 0.029 | 0.021 | 0.860 | 0.858 |
Robust standard errors in parentheses.
***
p<0.01,
**
p<0.05,
*
p<0.1.
Note: The effective property tax was calculated by economists at the National Association of Home Builders, http://www.nahb.org/generic.aspx?genericContentID=35450, using 2000 Census data on self-reported property taxes and home values.