More details: See hereOver the past five years, property taxes have gone up in nearly every American metro area, according to a report from Redfin. But one region is getting hit harder than others.
In the southeastern part of the United States, mainly in Florida, the median property tax payment is soaring — the result of a combination of higher home values, escalating natural disasters and population growth, according to Redfin.
To determine where taxes rose the most nationwide, researchers analyzed property tax records and multiple listing service (MLS) statistics in the 50 most populated metropolitan areas, comparing house payment data from 2019 and 2024, through August in both cases.
Overall, Indianapolis saw the greatest percentage increase in property taxes, with homeowners paying a median of $205 a month — up nearly 67 percent from 2019. Next was Atlanta, where property taxes increased by almost 66 percent, to $239 a month. Redfin's analysis found that rising home values and inflation were among the "major drivers" for the higher taxes in both metro areas, adding that Atlanta was also affected by an increase in budgets for parks and city operations.
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