Vertical Inequity in Property Taxation: A Neighborhood Based Analysis

  • John W. Birch
  • Mark A. Sunderman
  • Brent C Smith
Article

DOI: 10.1023/B:REAL.0000027201.39235.63

Cite this article as:
Birch, J.W., Sunderman, M.A. & Smith, B.C. The Journal of Real Estate Finance and Economics (2004) 29: 71. doi:10.1023/B:REAL.0000027201.39235.63

Abstract

This paper applies a model to test for vertical inequity in property taxes using a set of residential sales from Bloomington, Indiana. The initial purpose is to compare results with those using the presently accepted regression approach as applied by Smith, B. C. (2000). (See Journal of Real Estate Research 19(3), 321–344, to the same data.) The new outcomes demonstrate there can be significant inequity in a jurisdiction that remains hidden under previous testing methods. Also, the new procedure generates multipliers to adjust for identified inequities. Findings imply that tests for value-related inequity in property tax assessment should be conducted using multiple spatial scales.

vertical property tax inequity property taxation tax inequity public policy assessment 

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Copyright information

© Kluwer Academic Publishers 2004

Authors and Affiliations

  • John W. Birch
    • 1
  • Mark A. Sunderman
    • 1
  • Brent C Smith
    • 2
  1. 1.University of WyomingLaramieU.S.A.
  2. 2.Virginia Commonwealth UniversityU.S.A.

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