NEW YORK (CBSNEWS.COM) – In 2018, property taxes on the nation’s 87 million U.S. single family homes rose 4 percent to $293.4 billion, reaching an average of $3,498 per home, according to a new report from ATTOM Data Solutions, which runs a property database.
(Spoiler alert — Texas is in the Top 10!)READ MORE: US Supreme Court To Consider Controversial Texas Abortion Law
READ MORE: Texas Mother And Son Arrested In Wyoming For Murder In Oklahoma
Property taxes have been a hot-button issue of late because of a $10,000 cap on deducting state and local taxes that was imposed as part of the Republican-led tax overhaul.MORE NEWS: Southlake Ranks 20th 'Best Small City In America'; Keller & Flower Mound Most Affordable