According to ATTOM Data’s 2019 property tax analysis, total property taxes levied on single family homes in 2019 totaled $306.4 billion, up 1% from 2018. This figure averages to about $3,561 per home (up 2% from 2018), which is an effective tax rate of 1.14%. The report looked at the property tax data for over than 86 million U.S. single family homes. Indeed…
“Property taxes levied on homeowners rose again in 2019 across most of the country. But the nationwide increase was the smallest in the last three years, a sign that cities, towns and counties are taking stronger steps to clamp down on how much they hit up property owners to support schools and local government services.” said Todd Teta, chief product officer for ATTOM Data Solutions.
Click here to read the full report at ATTOMdata.com.
