property tax

American  

noun

1. a tax levied on real or personal property.

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Etymology

Origin of property tax

First recorded in 1800–10

Example Sentences

Factoring in property taxes and homeowners’ insurance, which have become increasingly costly line items on a homeowner’s balance sheet, how does the math work out?

From MarketWatch

Home buyers are also facing higher costs in many cases for home insurance, property taxes and homeowner-association dues.

From The Wall Street Journal

Microsoft committed to paying full local property taxes for data center constructions and replenishing more water than consumed.

From Barron's

And remember that your attic conversion may count as an extra room, depending on the laws in your state, and may affect your property taxes.

From MarketWatch

The decades-old promise of an affordable sun-drenched sanctuary is fading in the face of high home prices, insurance premiums and property taxes, among other costs.

From The Wall Street Journal