Milton Keynes
Council Tax band distribution, current rates, and revenue-neutral scenarios.
125,540 residential properties
£43.5bn 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 | £163,942 | 14.3% | £1,505 | £27,105,050 |
| B | 35,420 | £241,152 | 28.2% | £1,756 | £62,197,520 |
| C | 31,990 | £324,241 | 25.5% | £2,007 | £64,203,930 |
| D | 16,350 | £406,789 | 13.0% | £2,258 | £36,918,300 |
| E | 13,240 | £525,240 | 10.5% | £2,760 | £36,542,400 |
| F | 7,130 | £664,373 | 5.7% | £3,262 | £23,258,060 |
| G | 3,220 | £915,855 | 2.6% | £3,763 | £12,116,860 |
| H | 180 | £1,717,228* | 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 | £163,942 | 14.3% | £993 | ↓£512 | £17,883,930 |
| B | 35,420 | £241,152 | 28.2% | £1,460 | ↓£296 | £51,713,200 |
| C | 31,990 | £324,241 | 25.5% | £1,963 | ↓£44 | £62,796,370 |
| D | 16,350 | £406,789 | 13.0% | £2,463 | ↑£205 | £40,270,050 |
| E | 13,240 | £525,240 | 10.5% | £3,180 | ↑£420 | £42,103,200 |
| F | 7,130 | £664,373 | 5.7% | £4,022 | ↑£760 | £28,676,860 |
| G | 3,220 | £915,855 | 2.6% | £5,545 | ↑£1,782 | £17,854,900 |
| H | 180 | £1,717,228* | 0.1% | £10,396 | ↑£5,880 | £1,871,280 |
| Total | 125,540 | 100% | £263,169,790 |
* Estimated due to insufficient sample size.