6 Cities With the Highest Property Taxes
You might be a resident of a city with some of the highest property taxes in the United States. An October 2023 report from Construction Coverage ranked U.S. metropolitan areas with the highest property taxes. The breakdown covered small and midsize metro areas as well as large metros.
For the purposes of this article, we’ll be highlighting the large metro rankings. Additional property tax details cover the property tax rate percentage for owner-occupied homes, median home value and median household income.
See if you live in one of the six cities which have the highest property taxes.
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Dallas-Fort Worth-Arlington, Texas
Effective property tax rate for owner-occupied homes: 1.6%
Median property taxes paid for owner-occupied homes: $5,106
According to data from Construction Coverage, the median owner-occupied home value is $294,900 in these three Texas cities. The median household income is $75,975.
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Cleveland-Elyria, Ohio
Effective property tax rate for owner-occupied homes: 1.7%
Median property taxes paid for owner-occupied homes: $3,264
In Cleveland and Elyria, the median owner-occupied home value is $184,500. The median household income in these two Ohio cities is $62,315.
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Buffalo-Cheektowaga, New York
Effective property tax rate for owner-occupied homes: 1.8%
Median property taxes paid for owner-occupied homes: $4,145
The median owner-occupied home value for those who live in Buffalo or Cheektowaga is $192,000. The median household income for residents in these New York cities is $62,794.
Chicago-Naperville-Elgin, Illinois
Effective property tax rate for owner-occupied homes: 1.9%
Median property taxes paid for owner-occupied homes: $5,776
The median owner-occupied home value is $281,100 in Chicago, Naperville and Elgin. The median household income is $78,166 for residents in these three cities.
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Hartford-East Hartford-Middletown, Connecticut
Effective property tax rate for owner-occupied homes: 1.9%
Median property taxes paid for owner-occupied homes: $5,843
The median owner-occupied home value for residents in these Connecticut cities is $278,500. The median household income is the highest of the areas on this list at $82,258.
Rochester, New York
Effective property tax rate for owner-occupied homes: 2.4%
Median property taxes paid for owner-occupied homes: $4,586
In Rochester, New York, the median owner-occupied home value is $171,000. The median household income is $66,516.
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