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did property taxes go up in 2024

1Answers

LeColeman

11/28/2025, 07:24:39 AM

Yes, property taxes in the United States generally increased in 2024. On average, the property tax bill for a single-family home rose by 2.7% compared to 2023, reaching approximately $4,172. Meanwhile, total property tax revenue collected by state and local governments grew even more sharply, increasing by 8.2% from the previous year to a total of $787 billion.

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