Nationwide Property Tax Revenues See Largest Increase Since 2009
- Metro East REIA
- Apr 26, 2023
- 1 min read
According to recent analysis from the NAHB’s Eye on Housing, state and local tax data from the U.S. Census show that $286 billion in taxes were paid by property owners in Q4 of 2022. In fact, state and local governments collected $714 billion in property taxes in 2022, $46 billion more than 2021. The Eye on Housing says the 6.9% annual increase is the largest since 2009. Continue reading HERE...
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