Home prices have declined for the seventh consecutive month
US home prices decline for the seventh consecutive month 05:45
Homeowners in the South are paying the lowest property taxes in the country, according to data from LendingTree.
The personal finance website analyzed the average property taxes residents paid in the 50 largest metropolitan areas between 2019 and 2021. The research found that residents of Birmingham, Alabama; new Orleans; And Memphis, Tennessee, pays less than $2,000 in annual property taxes on average, regardless of whether the home has a mortgage. In contrast, homeowners in cities with priceless real estate like New York; San Jose, California; and San Francisco pay more than $7,000 a year.
Overall, property taxes on single-family homes rose 3.6% in 2022, increasing the average tax on a single-family home by $3,901, according to real estate data provider ATTOM.
According to LendingTree, here’s how property taxes in your area compare to those of homeowners across the country.
Birmingham, Alabama
Magic City residents pay the lowest annual property taxes of all 50 metropolitan areas.
- Home with mortgage: $1,152
- Home without mortgage: $774
- All Homes: $995
new Orleans
- Home with mortgage: $1,733
- Home without mortgage: $1,174
- All houses: $1,506
Memphis, Tennessee
- Home mortgage: $1,810
- Home without mortgage: $1,372
- All households: $1,672
Louisville, Kentucky
- Home mortgage: $1,847
- Home without mortgage: $1,575
- All houses: $1,765
wonder
- Home with mortgage: $1,803
- Home without mortgage: $1,681
- All Homes: $1,769
Indianapolis
- Home mortgage: $1,874
- Home without mortgage: $1,612
- All Homes: $1,804
Las Vegas
- Home mortgage: $1,839
- Home without mortgage: $1,823
- All Homes: $1,835
Nashville, Tennessee
- Home mortgage: $1,869
- Home without mortgage: $1,892
- All houses: $1,877
Oklahoma City
- Home mortgage: $2,099
- Home without mortgage: $1,569
- All houses: $1,884
Charlotte, North Carolina
- Home with mortgage: $2,146
- Home without mortgage: $1,646
- All Homes: $1,986
Jacksonville, Florida
- Home with mortgage: $2,302
- Home without mortgage: $1,906
- All houses: $2,174
Tampa, Florida
- Home with mortgage: $2,546
- Home without mortgage: $1,607
- All houses: $2,178
Richmond, Virginia
- Home mortgage: $2,200
- Home without mortgage: $2,196
- All Homes: $2,199
Orlando Florida
- Home with mortgage: $2,548
- Home without mortgage: $1,994
- All houses: $2,387
Virginia Beach, Virginia
- Home with mortgage: $2,418
- Home without mortgage: $2,446
- All houses: $2,426
salt Lake City
- Home with mortgage: $2,447
- Home without mortgage: $2,611
- All Homes: $2,492
atlanta
- Home with mortgage: $2,768
- Home without mortgage: $1,801
- All Homes: $2,528
Raleigh, North Carolina
- Home with mortgage: $2,679
- Home without mortgage: $2,298
- All houses: $2,586
St. Louis
- Home with mortgage: $2,759
- Home without mortgage: $2,485
- All houses: $2,668
Pittsburgh
- Home with mortgage: $2,936
- Home without mortgage: $2,301
- All houses: $2,671
denver
- Home with mortgage: $2,707
- Home without mortgage: $2,615
- All houses: $2,682
Cincinnati
- Home with mortgage: $2,842
- Home without mortgage: $2,419
- All Homes: $2,696
Kansas City, Missouri
- Home with mortgage: $2,856
- Home without mortgage: $2,471
- All Homes: $2,729
Detroit
- Home mortgage: $3,389
- Home without mortgage: $2,657
- All Homes: $3,086
Cleveland
- Home with mortgage: $3,371
- Home without mortgage: $3,067
- All households: $3,264
miami
- Home mortgage: $3,620
- Home without mortgage: $2,770
- All houses: $3,276
minneapolis
- Home with mortgage: $3,526
- Home without mortgage: $3,466
- All Homes: $3,507
Riverside, California
- Home with mortgage: $3,821
- Home without mortgage: $2,601
- All Homes: $3,525
baltimore
- Home with mortgage: $3,636
- Home without mortgage: $3,391
- All houses: $3,567
Columbus, Ohio
- Home with mortgage: $3,737
- Home without mortgage: $3,139
- All houses: $3,568
Sacramento, California
- Home with mortgage: $4,264
- Home without mortgage: $3,144
- All Homes: $3,924
San Antonio
- Home with mortgage: $4,630
- Home without mortgage: $2,829
- All Homes: $3,941
Milwaukee
- Home with mortgage: $4,083
- Home without mortgage: $3,958
- All Homes: $4,033
Buffalo, New York
- Home with mortgage: $4,486
- Home without mortgage: $3,611
- All Homes: $4,145
Portland, Oregon
- Home with mortgage: $4,228
- Home without mortgage: $4,327
- All Homes: $4,258
Houston
- Home with mortgage: $5,120
- Home without mortgage: $3,312
- All Homes: $4,381
Providence, Rhode Island
- Home with mortgage: $4,542
- Home without mortgage: $4,365
- All Homes: $4,488
Washington DC
- Home with mortgage: $4,610
- Home without mortgage: $4,537
- All Homes: $4,592
Philadelphia
- Home with mortgage: $4,859
- Home without mortgage: $4,160
- All Homes: $4,635
Dallas
- Home with mortgage: $5,754
- Home without mortgage: $3,740
- All Homes: $5,106
San Diego
- Home with mortgage: $5,726
- Home without mortgage: $3,713
- All Homes: $5,197
los angeles
- Home with mortgage: $5,848
- Home without mortgage: $3,812
- All Homes: $5,214
seattle
- Home mortgage: $5,380
- Home without mortgage: $5,521
- All Homes: $5,417
chicago
- Home with mortgage: $6,039
- Home without mortgage: $5,240
- All houses: $5,776
Hartford, Connecticut
- Home with mortgage: $5,921
- Home without mortgage: $5,691
- All houses: $5,843
boston
- Home with mortgage: $6,222
- Home without mortgage: $6,294
- All households: $6,244
Austin, Texas
- Home with mortgage: $6,747
- Home without mortgage: $5,504
- All Homes: $6,397
san francisco
- Home mortgage: $8,422
- Home without mortgage: $5,278
- All houses: $7,335
San Jose, California
- Home with mortgage: $10,000
- Home without mortgage: $5,816
- All Homes: $8,858
New York
- Home with mortgage: $9,342
- Home without mortgage: $8,669
- All Homes: $9,091
More Christopher J. Brooks
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The post Here’s Where Homeowners Pay The Most — And The Least — In Property Taxes appeared first on Stars Daddy.