As home prices have risen, property tax totals around the country have soared. In D-FW, single-family homeowners shelled out more than $11 billion last year.
Nationwide, owners of single-family homes were charged a whopping $339.8 billion by the tax man in 2022.Property taxes continued their never-ending climb last year, with wide disparities continuing from one area of the country to another, connected to varying costs, services, and tax bases,” Attom CEO Rob Barber said in a newly released report.
Among North Texas counties, Dallas County recorded the largest home property tax total – almost $3.5 billion last year. Collin County homeowners had the highest average annual tax bill of $7,590, Attom Data reports. D-FW has the sixth highest median residential property tax burden among major metro areas in the nation, according to a new study by Construction Coverage. Houston and San Antonio were also in the top 10.“Huge gaps in average tax bills around the U.S. remain in place,” Barber said.
Even if D-FW home prices stall, don’t expect property tax increases to halt. Texas taxing districts can only increase the tax bill by 10% a year but can continue to raise rates over time to reach appraised values.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Chance of severe weather, tornadoes in the overnight forecast for Dallas-Fort WorthSevere storms could bring large hail, damaging wind and possible tornadoes to Dallas-Fort Worth on Tuesday.
Consulte Mais informação »
Where is all the new Dallas-Fort Worth office construction?The surge in office building comes at a time when net leasing in North Texas has fallen over the last year. The good news for developers is that what’s most...
Consulte Mais informação »
Things to do in Dallas-Fort Worth this weekend: April 7-9From an outdoor Easter service, to concerts, to places to see some amazing flowers there is a lot to do in Dallas-Fort Worth this weekend.
Consulte Mais informação »
Overnight Two-Alarm Fire Damages Unoccupied Fort Worth Apartment ComplexFire crews worked to put out flames at an apartment complex that is still under construction in Fort Worth.
Consulte Mais informação »
Fort Worth Zoo's baby elephant makes public debutThe newest member of the Fort Worth Zoo, a baby Asian elephant named Travis, made his first public appearance on Tuesday.
Consulte Mais informação »