Using data from the U.S. Census Bureau, a new report from the National Association of Homebuilders shows that effective real estate tax rates vary substantially across and within U.S. counties, with the highest rate area having rates that are often many times higher than the lowest rate areas within the same county.
The analysis shows that some of these intra-county differences in property tax rates can be explained by varying household income, home values, how recently the homes have been purchased, presence of households that are exempt from paying property taxes, and the share of households with children under 18, among other factors.
Click here to read the full report.
