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Definitions

property tax

NOUN
charge on what is owned
Synonyms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

It caps property tax rates at 1% of a property’s value at the time of purchase, and limits annual assessment increases to a maximum of 2%.

From Los Angeles Times • May 13, 2026

There are currently two property tax exemptions offered for fully disabled veterans in California, according to the State Board of Equalization.

From Los Angeles Times • May 13, 2026

Mayor Zohran Mamdani is abandoning his proposed 9.5% property tax hike for New York City owners following widespread criticism.

From The Wall Street Journal • May 12, 2026

Some City Council members began to question whether the zero property tax approach was sustainable, possibly creating an overreliance on sales taxes.

From Salon • May 3, 2026

The unemployment caused home foreclosures, leading to shortfalls in property tax receipts, and therefore holes in the school budget.

From "Drama High" by Michael Sokolove



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