5 cities with the highest property tax rates. Here’s why rates can vary so much from place to place

by anastasiakaufman-chime-me

PUBLISHED TUE, AUG 22 20232:42 PM EDTUPDATED TUE, AUG 22 20234:49 PM EDT

By:Kate Dore, CFP®

Close-up Of A Person Hand Doing Property Tax Calculation With House Model On The Table
Andreypopov | Istock | Getty Images

Property taxes can be a major expense for households, and several factors may affect the size of the bill, research shows.

These levies, which typically fund public services, such as K-12 education, police and firefighters, can be tough to compare across jurisdictions.

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