US Property Taxes Rose Twice as Fast Last Year Than in 2021

April 6, 2023, 4:01 AM UTC

Property taxes increased twice as fast last year than in 2021 in the US, with many areas in the South and West increasing by more than the national average.

Even after the gains, single-family-home property taxes remain much lower in the Sun Belt than in the Northeast, according to a report released by real estate data firm Attom on Thursday.

On average, people in Florida paid less than $4,100 a year on property taxes in 2022 — not even half the bill for a typical New Jersey resident. In that state’s Essex and Bergen counties, the charge per homeowner exceeded ...

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