Property taxes are surging. See what homeowners pay by state and county.

Updated on: April 9, 2026 / 4:25 PM EDT / CBS News
Property taxes are typically levied by local governments to raise revenue for public services, including public schools, road construction, and police and fire departments.

They account for 70 cents of every dollar in local tax collections, according to the nonpartisan Tax Foundation.

"Property taxes often rise faster than inflation because they're driven by local government funding needs, not consumer prices," ATTOM chief executive Rob Barber told CBS News.

"Municipalities may increase tax rates or maintain higher levies to keep up with rising costs for schools, infrastructure and public services, regardless of broader inflation trends."
Where property taxes are falling
While property taxes rose in 40 states and the District of Columbia last year, they fell in 10 states, mostly in the West, according to the ATTOM analysis.