Tax & Spend
US Property Tax Rise Slowed, But More Counties Topped $10,000
Single family homes in San Marcos, Texas.
Photographer: Jordan Vonderhaar/BloombergThis article is for subscribers only.
US homeowners saw their property taxes rise more slowly last year compared with 2023, while the number of counties where the average bill tops $10,000 continued its steady increase, according to a new study.
The average US homeowner paid $4,172 in property taxes last year, according to a report by real estate data firm ATTOM. That’s an increase of 2.7% from 2023 — roughly in step with headline inflation, which was 2.9% in the period, and down from the 4.1% average tax increase in 2023.