US homeowners faced a significant increase in property taxes in 2023, with average payments exceeding $4,000. States in the Northeast, like New Jersey and Connecticut, had some of the highest property tax rates, reaching up to $9,488 per single-family home. The national average for property tax hikes in larger cities surpassed the overall increase.
Property taxes rose higher than the national average in more than 118 larger American cities. See the places that top the list. https://t.co/2cMNKaj2qR
"In the foreseeable future, governing bodies may encounter challenges in constraining property tax hikes for homeowners, particularly in areas grappling with substantial vacancies in shopping districts or underutilized office spaces." https://t.co/ggtgMajmai
America's property taxes rose at their fastest rate in FIVE years in 2023 https://t.co/02SyTbIxl6 https://t.co/XBwomwgCV5
U.S. property taxes increased twice as fast in 2023 compared to prior year: Property taxes rose in 2023 at a rate nearly twice as fast as the prior year, according to an analysis by data provider Attom. https://t.co/ia74PpJzo7
States in the Northeast had 7 of the 10 highest average property taxes in 2023. They were led by New Jersey, where the average single-family-home property tax was $9,488 in 2023. 2 Connecticut $8,022 3 New York $7,936 4 Massachusetts $7,414 5 New Hampshire $7,172
America's property taxes rose at their fastest rate in FIVE years in 2023 with owners in some states forced to pay TEN times more than others - how does YOUR area compare? https://t.co/fcnQ50lkqN https://t.co/N4G6fktLNw
US homeowners paid more than $4,000 in property taxes on average last year, with total levies rising by the most in five years https://t.co/qwfZ3pLbow