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Glossary

Equalization factor (multiplier)

A county-wide correction applied so counties are assessed at comparable levels.

State authorities compare each county's assessments to sale prices and issue a multiplier to bring the county to the statutory level. A factor above 1 raises every assessment in the county; below 1 lowers them.

It is applied uniformly, so it is almost never an appeal ground for one property. A rising multiplier can raise your bill without the assessor having touched your assessment, which is a common source of confusion when a bill increases and the assessment did not.

Related

  • Equalized assessed value (EAV) — Assessed value after a county-wide multiplier is applied.
  • Assessed value — The figure your county uses to calculate your tax — not what your house is worth.
  • Levy — The total amount a taxing body decides to collect.

Property tax is state law and the details differ. For what applies where you live, see coverage by state and your appeal deadline.