Tag: property tax
Average Property Tax Amount on Single-Family Homes Up 5.8 Percent Across U.S. in 2024
Home Values Rose and Effective Tax Rates Fell; The Average Single-Family Home Property Tax Bill Rose 6 Percent, to $4,300; Highest Tax Rates Remain in the Northeast and Midwest IRVINE, Calif. — April 17, 2025 – Updated July 2025: This version includes newly added 2024 property tax data for New York. Figures at the national, state, and metro... Read More »
Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2023
According to ATTOM’s 2023 Property Tax Analysis for 89.4 million U.S. single family homes, there was a 6.9% surge in single-family home property taxes in 2023, reaching $363.3 billion. The report states that this is nearly double the 3.6 percent growth rate of 2022 and represents the largest increase in the past five years. ATTOM’s latest... Read More »
Property Taxes on Single-Family Homes Up 7 Percent Across U.S. in 2023, to $363 Billion
Total Single-Family Taxes Levied Nationwide in 2023 Rise Twice as Fast as in 2022; Average Property Tax Up 4 percent, to $4,062, While Effective Rate Also Increases; Highest Effective Tax Rates Remain Clustered in Northeast and Midwest IRVINE, Cal. – Apr. 4, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released... Read More »
Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2022
According to ATTOM’s 2022 Property Tax Analysis for 87 million U.S. single family homes, $339.8 billion in property taxes were levied on single-family homes in 2022. That figure is up 3.6 percent from $328 billion in 2021, and more than double the 1.6 percent growth last year; although smaller than the 5.4 percent increase the prior year. ATTOM’s... Read More »
Total Property Taxes On Single-Family Homes Up 4 Percent Across U.S. In 2022, To $340 Billion
Total Single-Family Taxes Levied Nationwide in 2022 Rose Twice as Fast as in 2021; Average Property Tax Amount Up 3 percent, to $3,901, While Effective Rate Dips Slightly; Highest Effective Tax Rates in New Jersey, Illinois, Connecticut, Vermont and Nebraska IRVINE, Calif. – April 6, 2023 — ATTOM, a leading curator of land, property, and real... Read More »
How to Calculate Your Home’s Valuation and Challenge a Tax Assessment
Congratulations to New York and New Jersey. According to the Washington, DC-based independent tax policy research organization, the Tax Foundation, these two states are home to some of the most expensive counties in the country regarding paid property taxes. As of 2019, residents of Bergen, Essex, and Union Counties in New Jersey and Nassau,... Read More »