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,” an Oct. 28 statement from Redfin reads. 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 and Pittsburgh. New York and New Jersey hosted the cities with the highest tax bills.
