Here's how much Americans pay in property taxes in every U.S. state
CBSN
Housing prices across the U.S. are surging, scrambling the plans of many buyers and dashing others' hopes of owning a home. Another rising cost that homeowners are grappling with? Property taxes.
In some counties around the country, average property tax payments hit record highs last year, according to a report released Thursday by Attom Data Solutions, a property data firm. Property taxes are a major source of revenue for local governments as well as a significant cost for homeowners.
Such taxes are also frequently opaque, making it harder for house-hunters to calculate the impact on their budget, said Rich Sharga, Attom's executive vice president of market intelligence.
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