New Homebuyers in Some Cities Face Double the Property Taxes of Their Neighbors

New Homebuyers in Some Cities Face Double the Property Taxes of Their Neighbors

Some new homeowners across the United States may find their property tax bills are double or triple those of their neighbors, according to a new report. In its recently released annual property tax comparison of all 50 states, the Lincoln Institute of Land Policy and Minnesota Center for Fiscal Excellence documented the wide range of property taxes in more than 100 cities. The report noted that property-tax reliance, property values, local gover…