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why did my property taxes go up in 2024

1Answers
SanEliza
11/28/2025, 06:45:32 AM

Property taxes in 2024 likely rose because of increasing property values, higher local government expenses driven by inflation, and possible adjustments to local tax rates. Nationwide, the average property tax for a single-family home went up by approximately 5.8% compared to the previous year, reflecting these combined factors that affected homeowners across many regions.

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