As property values are rising across the U.S., so too are property taxes. Rates are rising almost 27% faster than inflation since 2020, according to The Tax Foundation. Though Florida isn’t among the top 10 states where property taxes are rising the most, property taxes in the Sunshine State are surging, and they’re forecast to go up more in coming years.
Learn More: I’m a Florida Real Estate Agent: 2 Reasons My Retired Clients Are Leaving the State
