Property Tax Lab

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Milton Keynes

Council Tax band distribution, current rates, and revenue-neutral scenarios.

125,540 residential properties

£43.3bn total market value

£263.2m annual revenue under current rates

Population: 292,517 (Large)  ·  Avg. pay: £36,521 (High)

Band Properties Avg. Value % Avg. Tax Tax Take
A 18,010 £165,273 14.3% £1,505 £27,105,050
B 35,420 £238,936 28.2% £1,756 £62,197,520
C 31,990 £321,334 25.5% £2,007 £64,203,930
D 16,350 £408,322 13.0% £2,258 £36,918,300
E 13,240 £522,919 10.5% £2,760 £36,542,400
F 7,130 £647,450 5.7% £3,262 £23,258,060
G 3,220 £947,672 2.6% £3,763 £12,116,860
H 180 £1,776,885* 0.1% £4,516 £812,880
Total 125,540 100% £263,155,000

Proportional Rate (revenue neutral)

A 0.61% proportional rate would raise the same revenue

Band Properties Avg. Value % Avg. Tax Diff Tax Take
A 18,010 £165,273 14.3% £1,004 ↓£501 £18,082,040
B 35,420 £238,936 28.2% £1,452 ↓£304 £51,429,840
C 31,990 £321,334 25.5% £1,953 ↓£54 £62,476,470
D 16,350 £408,322 13.0% £2,481 ↑£223 £40,564,350
E 13,240 £522,919 10.5% £3,178 ↑£418 £42,076,720
F 7,130 £647,450 5.7% £3,934 ↑£672 £28,049,420
G 3,220 £947,672 2.6% £5,759 ↑£1,996 £18,543,980
H 180 £1,776,885* 0.1% £10,797 ↑£6,281 £1,943,460
Total 125,540 100% £263,166,280

* Estimated due to insufficient sample size.