Average Single-Family Home Property Tax Bill Rose 3% in 2025

Highest tax rates concentrated in Northeast and Midwest, lowest in Western states

Apr. 9, 2026 at 9:30pm

A geometric abstract illustration using bold shapes and primary colors to conceptually represent the regional variations in property tax rates and home values across the United States.Visualizing the uneven property tax landscape as homeowners face rising costs amid shifting home values.NYC Today

Property taxes totaled nearly $397 billion on 89.6 million homes in 2025, up 3.7% from 2024. The average single-family home, valued at $494,231, generated a $4,427 tax bill, a 3% increase over the prior year. Regional disparities persisted, with the Northeast and Midwest seeing the highest effective tax rates and the West the lowest.

Why it matters

The rise in property taxes, even as home values declined slightly, underscores the role of local government costs and shifting tax policies in determining the tax burden on homeowners. This data provides important insights into the financial pressures facing homeowners, especially in high-cost regions like the Northeast.

The details

The national effective tax rate for single-family homes rose to 0.9% in 2025, up from 0.86% in 2024 and the highest since 2020. The highest effective rates were in Illinois (1.84%), New Jersey (1.58%), Vermont (1.4%), Connecticut (1.36%), and Ohio (1.32%). The lowest rates were in Hawaii (0.33%), Idaho (0.39%), Wyoming (0.4%), Arizona (0.43%), and Alabama (0.43%).

  • In 2025, property taxes totaled nearly $397 billion on 89.6 million single-family homes.
  • The average single-family home value declined 1.7% to $494,231 in 2025.

The players

ATTOM

A real estate data company that analyzed property tax data collected from county tax assessor offices nationwide.

Rob Barber

CEO at ATTOM, who commented on the findings.

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What they’re saying

“Property taxes in 2025 demonstrate that tax bills reflect more than just home values. Even with a slight dip in prices, higher tax bills combined with declining home values led to an increase in effective tax rates, underscoring the role of local government costs and shifting tax policies. Regional disparities persist, with the Northeast and Midwest continuing to see the highest burdens.”

— Rob Barber, CEO

The takeaway

This data highlights the ongoing financial pressures facing homeowners, especially in high-cost regions like the Northeast, as property taxes rise even as home values decline slightly. It underscores the need for policymakers to carefully consider the impact of local government costs and tax policies on household budgets.