Property Taxes Account for Largest Share of State and Local Revenue in 2021 | Eye On Housing

Econ & Housing

NAHB analysis of the Census Bureau’s quarterly tax data shows that $672.5 billion in taxes were paid by property owners in the four quarters ending Q4 2021 (not seasonally adjusted), a 1.0% quarterly increase.[1]  Four-quarter property tax revenues declined 0.6% in Q3 2021, the second such decrease since 2012. Property taxes accounted for 36.2% of state and…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Products You May Like

Articles You May Like

West Fraser Timber reports $167 million loss in 2023
Dow Jones Futures Fall; Nvidia Earnings Are Huge Test For AI-Led Market Rally
Key advantages and challenges of European modular construction explored in PBC webinar
Best Quarter for Townhouse Construction Since 2006 | Eye On Housing
UK construction contraction eases while Europe remains in decline By Proactive Investors