Property taxes are climbing in many parts of the country, but location remains a major factor in what homeowners pay.
By the numbers:
In 2024, the median U.S. property tax bill reached $3,500 — a 2.8% increase from the previous year — driven by rising home values and changes in local tax rates.
Still, the amount homeowners owe can vary widely depending on the state, according to Realtor.com.
What they're saying:
"Tax growth varies widely state to state, including some states where tax burdens are outpacing home price growth and others where property taxes are falling even as homes appreciate in value," Joel Berner, senior economist at Realtor.com, said in a statement.
"Property taxes support important municipal services, police, firefighters, schools, courts, libraries, parks and rec

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