Why You Have Rising Property Taxes and What You Can Do About It

Why You Have Rising Property Taxes and What You Can Do About It
A 'For Sale' sign is displayed in Falls Church, Va., on April 2, 2022. Stefani Reynolds / AFP via Getty Images
Mike Valles
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Homeowners have recently seen property taxes become higher than ever. The surge in the cost of owning property started with the arrival of COVID and continues to rise. Many people wonder why and want some tax relief.

Some homes have had their property taxes increase more than 37 percent since 2020. CBSNews reports that the sudden increase is because the value of real estate skyrocketed at about the same time. The average home in the United States rose to $344,000.
Mike Valles
Mike Valles
Author
Mike Valles has been a freelance writer for many years and focuses on personal finance articles. He writes articles and blog posts for companies and lenders of all sizes and seeks to provide quality information that is up-to-date and easy to understand.
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