"In the southeastern part of the United States, mainly in Florida, the median property tax payment is soaring due to higher home values, escalating natural disasters, and population growth."
"The analysis revealed that Indianapolis saw the greatest percentage increase in property taxes, with homeowners paying a median of $205 a month, up nearly 67 percent from 2019."
"Rising home values and inflation were major drivers for higher taxes in both Indianapolis and Atlanta, where taxes increased by almost 66 percent to $239 a month."
"In Florida, the rise in assessed home values after pandemic increases, a growing population, and reliance on property taxes funded climate resiliency projects contributed to tax surges."
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