Single-family home property taxes rose 3% in 2017

Single-family home property taxes rose 3% in 2017

Average homeowner paid $3,400 in property taxes last year, but that amount varies wildly from state to state depending on housing costs and taxes levied.

Owners of single-family homes in the U.S. paid an average of nearly $3,400 in property taxes in 2017, an increase of 3 percent over 2016, but if you are living in — or moving to — the New York City region, you could be paying nearly three times that or more, according to research by Attom Data Solutions, an Irvine, California, firm that assembles information on residential and commercial real estate.

On a per capita basis, Attom reports that the effective tax rate last year was 1.17 percent, up from 1.15 percent in 2016, or an average of $3,296 per house.

The greater New York metropolitan area has the highest property taxes in the land, according to the study. Of the 1,414 counties in the United States with at least 10,000 single-family houses, Westchester County, New York, residents pay the highest real estate tax, an average of $17,179, Attom found.

Rockland County, New York, residents paid an average of $12,924, while those in Essex County, New Jersey, paid $11,878 on average; homeowners in Bergen County, New Jersey, paid $11,585; and owners in Nassau County, New York, paid $11,415 on average.

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