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Property taxes add hundreds to monthly housing costs, long after mortgages end
In 2025, U.S. property taxes totaled about $396.8 billion across more than 89.6 million single-family homes, for an average bill of $4,427.
A HousingWire column argues property taxes operate like “permanent” housing debt because they keep weighing on owners even after a mortgage is fully paid off. The piece says the ongoing bills can reduce buyer qualification and purchasing power, while also limiting household mobility.
The column cites ATTOM data showing that in 2025 roughly $396.8 billion in property taxes were levied on more than 89.6 million U.S. single-family homes. It puts the average property tax bill at $4,427, which the article converts to nearly $369 per month.
Using a Dallas, Texas example, HousingWire notes a set of principal 2025 tax rates for the City of Dallas, Dallas ISD, Dallas County, Dallas College, and the Parkland Hospital District, totaling about 2.2267% before exemptions and any special-district charges.
The column translates those payments into mortgage terms, estimating that on a $1 million taxable value the Dallas-area property tax would be about $1,856 per month, and about $2,500 per month where the combined burden approaches 3%. Using a hypothetical 6.5% mortgage rate, it says those monthly tax levels are roughly comparable to the principal-and-interest payments on about $294,000 to $396,000 of 30-year mortgage debt.