Property taxes are surging. See what homeowners by state and county.
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The Bottom Line
U.S. homeowners' average property tax bill increased by 3.7% last year, reaching $4,427.
How This Affects You
Your property taxes likely increased last year, with the average U.S. homeowner paying $4,427, even as home values may have decreased.
AI Summary
U.S. homeowners experienced a 3.7% increase in their average property tax bill last year, reaching $4,427. This rise outpaced the rate of inflation, creating a greater financial burden for property owners. The surge occurred despite a general decrease in the typical home's value during the same period. This trend means homeowners are paying more in taxes even as their assets may be depreciating. The data will show how this affects homeowners across different states and counties.
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