As individuals pay property tax on the assessed value of their homes, businesses have to pay tax on the assessed value of their real estate.
A quick guide to Real Estate Property Tax
![guide to property tax](https://www.enguard.net/blog/wp-content/uploads/2017/11/infopic.png)
As individuals pay property tax on the assessed value of their homes, businesses have to pay tax on the assessed value of their real estate.