Property taxes have risen over the past five years in major metropolitan areas across the United States, with Florida accounting for three of the top five metro areas that had the largest percentage increases, according to real estate brokerage Redfin.
“Nationwide, property taxes, in dollars, have increased nearly 30 percent since 2019 to a monthly median of $250,” said an Oct. 28 statement from Redfin. Out of the 50 most populous metros, 48 have seen monthly tax bills rise during this period. Taxes declined in only two metros: Las Vegas, Nevada, and Pittsburgh, Pennsylvania. New York and New Jersey had the highest tax bills.
Nassau County, in New York State, had the highest median monthly property taxes in dollar terms, at $905. This was followed by Newark, New Jersey, at $848; New York at $821; San Jose, California, at $782; and New Brunswick, New Jersey, at $706….