Cereal - Property Assessments

The total value of equalized property assessments for Cereal in 2019 was $4.8 million, increasing 3.26% from $4.7 million in 2018. The residential segment had the largest increase over last year, increasing 3.71% to $4.0 million.

Definition: The total value of a municipality's equalized assessment, which is equal to total taxable assessment divided by the assessment level of that municipality.