Property Tax News & Updates
Stay informed about property tax changes, rate updates, and important deadlines across all states
Latest Property Tax News
Texas Counties Begin Setting 2025 Property Tax Rates
County commissioners across Texas are starting the annual process of setting property tax rates for 2025. Early indications suggest most counties will maintain or slightly reduce rates due to increased property values.
Prop 13 Reform Discussions Continue in Sacramento
State legislators are debating potential modifications to Proposition 13, focusing on commercial property reassessments while maintaining protections for residential homeowners.
Save Our Homes Cap Provides Relief Amid Rising Values
Florida homeowners with homestead exemptions are seeing significant savings from the 3% assessment cap as property values continue to surge across the state.
STAR Exemption Registration Deadline Approaches
New York homeowners have until December 31st to register for the Enhanced STAR exemption for the 2026 tax year. The program offers significant savings for senior citizens.
Homestead Exemption May Increase to $140,000
If voters approve Senate Bill 4 in November 2025, the Texas homestead exemption for school taxes could increase from $100,000 to $140,000, providing additional relief to homeowners.
Current Status by State
Texas
- ✓2025 tax rates being set (August-October)
- ✓Average rate decreased to 1.62% statewide
- ✓Homestead exemption at $100,000 (may increase)
- ✓Over-65 exemption freeze in effect
California
- ✓Prop 13 assessment limits protecting homeowners
- ✓Average rate remains low at 0.75%
- ✓Supplemental tax bills for new purchases
- ✓Mello-Roos assessments vary by district
Florida
- ✓Save Our Homes 3% cap limiting increases
- ✓Homestead exemption up to $50,000
- ✓Portability allows tax savings transfers
- ✓Non-homestead properties see larger increases
New York
- ✓STAR exemptions available for eligible homeowners
- ✓NYC property classes determine tax rates
- ✓School tax relief programs expanded
- ✓Assessment challenges due by March 1st
Important Dates & Deadlines for 2025
Upcoming Deadlines
Don't miss these important property tax deadlines for 2025 and early 2026.
Texas
- Tax Rate AdoptionAug-Oct 2025
- Tax Bills MailedOctober 2025
- Payment DueJan 31, 2026
- Protest DeadlineMay 15, 2026
California
- First Installment DueNov 1, 2025
- First DelinquentDec 10, 2025
- Second Installment DueFeb 1, 2026
- Second DelinquentApr 10, 2026
Florida
- TRIM NoticesAugust 2025
- Tax Bills MailedNovember 2025
- Payment DueMar 31, 2026
- Homestead FilingMar 1, 2026
New York
- STAR RegistrationDec 31, 2025
- Grievance DeadlineMar 1, 2026
- School Tax DueSep-Oct 2025
- General Tax DueJan 2026
2025 Property Tax Trends
National Trends & Analysis
Rising Property Values
Property values continue to increase nationwide, with average home values up 5-15% year-over-year in most markets. This has led to higher tax assessments, though many states have caps and exemptions to limit the impact on homeowners.
Tax Rate Adjustments
Many jurisdictions are reducing tax rates to offset increased property values, aiming to keep total tax bills relatively stable. Texas counties, for example, are required to calculate the "no-new-revenue" rate to maintain transparency.
Exemption Expansions
States are expanding property tax exemptions to provide relief. Texas may increase its homestead exemption, Florida's Save Our Homes cap continues to protect long-term residents, and New York's STAR program offers significant savings for seniors.
Technology Improvements
Counties are modernizing their property tax systems with online payments, digital appeals processes, and improved property search tools. This makes it easier for homeowners to understand and manage their property tax obligations.
Calculate Your Property Taxes
Use our free calculators to estimate your property taxes with all applicable exemptions and deductions