40% of Americans Are Overpaying in Property Taxes—Find Out If You're One of Them
2 Articles
2 Articles
40% of Americans Are Overpaying in Property Taxes—Find Out If You're One of Them
With home prices continuing to rise, it’s more important than ever to get your real estate finances in order. This includes reassessing your property tax bill. But a new report from Realtor.com found that nearly 41 percent of Americans are overpaying in property taxes—and worst of all, most homeowners don't even know it.RELATED: Car Insurance Rates Expected to Spike 10% in Some States—And Tariffs Could Make It Worse. In 2024, the median property…
In Georgia, Property Taxes Create Uneven Playing Field for School Funding
In Georgia, where a child lives can have a profound impact on the quality of their education. A key piece of that puzzle? Property taxes. While schools receive funding from both the state and local governments, in counties like Bibb, nearly 40% of the education budget comes from local property taxes. “We received about $85 to $90 million in property taxes this year,” said Eric Bush, Chief Financial Officer for the Bibb County School District. “…
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