Topic
regional economics
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US Property Taxes Increased in 40 States in 2025 Despite Home Price Decline
Property taxes on single-family homes rose 3.7 percent nationwide in 2025, reaching $396.8 billion across 89.6 million homes, according to ATTOM data. The effective tax rate increased to 0.9 percent, the highest since 2020, even as the average home value fell 1.7 percent to $494,…