[HIGHLIGHTS] Property tax assessment rates are rising: These communities are the frontrunners

Property tax assessment rates are rising: These communities are the frontrunners.. As of: February 13, 2024, 3:15 p.m By: Fabian Hartmann CommentsPressSplit Property tax Assessment rates have been rising for years.

For 2024, experts expect that private properties will be more affected than commercial properties. After the property tax was raised more than ever since 2016 in 2022, many owners will face the next property tax increase in 2023. The property tax reform could make property owners pay as early as 2024 next year.