October 4, 2006
NY, NJ highest payers of property tax
Report ranks 775 counties by taxes paid; why are taxes increasing and what can you do about it?
NEW YORK (CNNMoney.com) -- New Jersey and New York homeowners face the highest property taxes in the United States, according to a report released Tuesday by the Tax Foundation.
Of the top 10 counties ranked by median property taxes, five were in New York and five were in New Jersey. The Tax Foundation looked at data on 775 counties from the U.S. Census Bureau's 2005 American Community Survey.