Property taxes levied on single-family homes in 2017 totaled $293.4 billion, according to ATTOM Data Solutions’ 2017 property tax analysis of over 86 million single-family homes. Total revenue is up 6% from $277.7 billion in 2016, while the average property tax of $3,399 is up 3% from $3,296 in 2016. The 2017 effective tax rate was 1.15%, the analysis found, up from 1.15% in 2016. ATTOM reports:

Out of the 217 metropolitan statistical areas analyzed in the report, 125 (58 percent) posted an increase in average property taxes above the national average of 3 percent, including Los Angeles (7 percent increase), Dallas (11 percent increase), Houston (10 percent increase), Philadelphia (4 percent increase), and Miami (5 percent increase).

In addition, the analysis found that the average property tax on single-family homes in counties that went “blue” in the last election was $4,528 - nearly double the $2,462 average in “red” counties.

Read More