Property Taxes Are Rising -- Here's A List Of Who Pays The Most
NEW YORK (CBSNEWS.COM) - In 2018, property taxes on the nation's 87 million U.S. single family homes rose 4 percent to $293.4 billion, reaching an average of $3,498 per home, according to a new report from ATTOM Data Solutions, which runs a property database.
(Spoiler alert -- Texas is in the Top 10!)
Property taxes have been a hot-button issue of late because of a $10,000 cap on deducting state and local taxes that was imposed as part of the Republican-led tax overhaul.
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