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1989_s / iStock.comInflation has been on everyone’s minds these past few years. After the COVID-19 lockdown began in March 2020, millions of Americans became unemployed and inflation went through the roof.Check Out: 7 Types of Homes Expected To Soar in Value by the End of 2025Read Next: Become a Real Estate Investor for Just $1K Using This Bezos-Backed StartupIn fact, inflation reached the highest levels in decades, several years after the onset of the pandemic. USA Facts reported inflation peaked at an incredible 8.9% in June 2022.Unfortunately, property taxes have not been immune to the effects of inflation. Pent-up demand for housing combined with soaring interest rates have resulted in very high property taxes in some U.S. cities. Home prices nationwide remain stubbornly high, translating into persistently higher property taxes.If you’re looking to avoid high property taxes, there are 15 high-priced cities across the U.S. that you might want to cross off your list.Here are 15 cities where inflation is causing property taxes to rise the most, according to data from CoreLogic. The cities are listed in descending order based on the 2023 median property tax.South Florida Aerials / Shutterstock.comMiami Beach, FLZip code: 33109County: Miami-Dade2023 Median Property Tax: $51,0512023 Median Home Price: $3,062,500Learn More: 5 Types of Homes Expected To Plummet in Value by the End of 2025For You: I’m an Economist: Here’s My Prediction for the Housing Market If Trump Wins the ElectionWealthy people know the best money secrets. Learn how to copy them.©Shutterstock.comAtherton, CAZip code: 94027County: San Mateo2023 Median Property Tax: $46,1162023 Median Home Price: $3,732,500Try This: 5 Key Signs Your Home’s Value May Skyrocket in 2024©Shutterstock.comOld Westbury, NYZip code: 11568County: Nassau2023 Median Property Tax: $34,5742023 Median Home Price: $1,635,000Photo Beto / Getty ImagesRoss, CAZip code: 94957County: Marin2023 Median Property Tax: $32,2202023 Median Home Price: $2,950,000TrongNguyen / Getty Images/iStockphotoUniversity Park, TXZip code: 75225County: Dallas2023 Median Property Tax: $31,83 …
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