“Uncover the Shocking Truth: Which 14 States Are Seeing Explosive Growth in Property Taxes?”
12. Iowa
Iowa’s property taxes have been steadily climbing, especially in areas experiencing economic growth. The state’s reliance on property taxes to fund education and local services means that as home values rise, so do tax bills. While property taxes here aren’t the highest in the nation, they’re rising quickly, and many homeowners are starting to feel the squeeze.
In urban areas like Des Moines, rising home prices and higher taxes have made it harder for first-time buyers to enter the market. At the same time, longtime residents are seeing their property tax bills climb higher, adding to the cost of homeownership in the state.
13. Ohio
Ohio’s property tax rates have been climbing steadily, making it more expensive to own a home in certain parts of the state. While the rates vary depending on the county, many homeowners have noticed a sharp increase in their tax bills over the last few years. Property taxes are a key source of revenue for Ohio’s schools and local services, meaning tax hikes are common.
For residents of cities like Columbus and Cincinnati, these rising taxes can make homeownership feel like a bigger financial burden than they initially anticipated. As home values continue to rise, so do property taxes, and for many homeowners, this creates a challenging situation.
14. Oregon
Oregon may not be the first state that comes to mind when thinking of high property taxes, but it’s been catching up quickly. As home prices have surged in cities like Portland, so have the associated property taxes. Oregon’s tax laws allow for limited annual increases, but the cumulative effect over time has been substantial.
