Medium property tax reaches 3500 dollars, with 73 % of homeowners in the United States increases

Property taxes It is one of the most important continuous expenses faced by homeowners. Taxes aim to finance local government services such as infrastructure, schools and other basic systems.

The specified fees are calculated based on the value of the house and its location, although the amount can vary annually based on local tax laws and the value of the house. Usually, if someone’s house is more valuable, they will owe more property taxes. House values are also re -evaluated every year, which means that property tax bills can change.

Joel Burner, economist at RealTor.com, said in a report in April that the issue facing many home owners is that property taxes are growing due to the increase in the values of homes and changes in local tax rates.

Several states seek the end of property taxes: you should not have to rent from the government

Medium property in the United States has seen that its property tax bill grows by 2.8 % from 2023 to 2024 as more than 73 % of property has a tax increase during that time. In 2024, the average tax bill in the United States amounted to $ 3500, which was largely paid Estimating the price of the house.

However, Berner said that many home owners may not realize that they can protest against the value of their home. In fact, more than 40 % of real estate around the country can save at least $ 100 by protesting the estimated value, with medium savings more than $ 500, according to Burner.

How can the elimination of property taxes in Florida affect the real estate market in the state

These taxes have become a flash point Between politiciansWith each other until it calls for complete disposal. One of the legislators in Pennsylvania argued that homeowners should not have to “pay the rent” to the government. Recently, state governor Ron Desantis has doubled his goal of canceling property taxes in Florida, a step that would make it the only country in the country without any property income or tax.

Residents in New Hampshire, New Jersey, Contecticut, Washington and New York face the highest medium property tax, according to the latest data from RealTor.com

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On the contrary, the residents of Indiana, Alabama, West Virginia and Arkansas have the lowest amount of property tax.

Here are the countries, in order of the highest medium property tax amount, according to RealTor.com:

New Jersey – 9,413 dollars
New Hampshire __ $ 7,715
Connecticut – 6,944 dollars
Washington – 6338 dollars
New York – 6,096 dollars
Texas – $ 5,860
California – $ 5,248
Massachusetts- $ 5,142
Rod Island- $ 5,111
Colombia Province – $ 5,087
Maryland – 4,874 dollars
Min – $ 4335
Oregon – 4,265 dollars
Alaska – $ 4.113
Minnesota – 3,712 dollars
Florida – $ 3,659
Wisconsin – 3,612 dollars
Colorado – 3,398 dollars
Kansas – 3,379 dollars
Pennsylvania – $ 3,137
Montana – 3,072 dollars
Hawaii – $ 2,931
Ohio – $ 2,823
Iowa – 2,816 dollars
Utah – 2768 dollars
Virginia – $ 2,755
Georgia – $ 2,683
South Dakota – $ 2,632
Missouri – $ 2,534
Northern Dakota – $ 2,525
Nebraska – 2,382 dollars
Nevada – 2,316 dollars
Fairmont – $ 2,206
Wyoming – $ 2,024
Illinois – 1.974.5 dollars
Idahu – 1974 dollars
North Carolina – 1971 dollars
Arizona – 1956 dollars
New Mexico -1734 dollars
Delaware – $ 1,702
Michigan – $ 1,670
Kentucky – $ 1,551
Oklahoma – 1,481 dollars
Louisiana – $ 1,415
Tennessee – $ 1,333
South Carolina – $ 1,328
Mississippi – $ 1034
Indiana – $ 995
Alabama – $ 804
West Virginia – $ 728
Arkan – $ 725