Consumer Expenditure Survey · BLS CE 2024
Property taxes spending
U.S. households spent $2,738/yr on property taxes in 2024 - 3.5% of the average budget . Up 2.7% vs 2023 ; the top income quintile outspends the bottom by 5.5×. Figures from the BLS Consumer Expenditure Survey.
- 2024 avg
- $2,738
- Budget share
- 3.5%
- vs 2023
- +2.7%
CES spend plate
Line PROPERTY-TAXES · Property taxes $2,738 · 3.5%
SHARE-THIN · QUINT-ELITE · YOY-UP · REAL-INLINE · REGION-NE · BOOK-UPPER
- SHARE-THIN 3.5% of budget
- QUINT-ELITE 5.5× Q5/Q1
- YOY-UP +2.7% YoY
- REAL-INLINE Near CPI
- REGION-NE Northeast leads
- BOOK-UPPER #20/99 dollars
Nearest dollar peer: Maintenance, repairs, insurance, and other expenses (+$188)
Instrument codes from this line’s budget share, income-quintile gap, YoY move, real change vs ~21% CPI-U (2020-2024), regional lead, and corpus book size, not a budgeting recommendation.
Spend neighbourhood around Property taxes
Lowest and highest poles plus nearest dollar peers among sibling lines, not a full-board reprint. Figures from the BLS Consumer Expenditure Survey.
Dollar neighbourhood · Property taxes
Average annual spending · 2024 · poles + near peers
this line
Spending Trend (2020–2024)
Property taxes spending per household, 2020–2024
National average annual spending
| Year | Annual Amount |
|---|---|
| 2024 | $2,738 |
| 2023 | $2,666 |
| 2022 | $2,570 |
| 2021 | $2,475 |
| 2020 | $2,353 |
Income stretch on a large property taxes line
A large CES line: top-quintile households spend $5,816/yr here vs $1,054 at the bottom (5.5×).
| Income Group | Annual Amount |
|---|---|
| Lowest 20% | $1,054 |
| Second 20% | $1,643 |
| Middle 20% | $2,155 |
| Fourth 20% | $3,003 |
| Highest 20% | $5,816 |
Northeast leads property taxes geographically
Northeast leads at $4,116/yr among the bigger CES categories.
Lifecycle peak · 45–54
45–54 heads spend the most on this line at $3,653/yr - a lifecycle peak on a large budget share.
Frequently Asked Questions (show 6)
How much does the average household spend on property taxes? ▼
Is property taxes spending increasing? ▼
How does income affect property taxes spending? ▼
Which region spends the most on property taxes? ▼
Which age group spends the most on property taxes? ▼
Does household size affect property taxes spending? ▼
Other large CES lines near property taxes
Dollar-amount and budget-share neighbours from BLS CE 2024 (this category excluded).
Similar dollar amount
Nearest other categories by 2024 average annual spending ($2,738 here).
| Category | 2024 avg |
|---|---|
| Cars and trucks, used | $2,818 |
| Gasoline and other fuels | $2,645 |
| Maintenance, repairs, insurance, and other expenses | $2,926 |
| Cars and trucks, new | $2,469 |
| Other food at home | $2,447 |
| Household furnishings and equipment | $2,414 |
| Gasoline | $2,411 |
| Cash contributions | $2,292 |
Similar budget share
Nearest other categories by share of the household budget (3.5% here).
| Category | Budget share |
|---|---|
| Cars and trucks, used | 3.6% |
| Gasoline and other fuels | 3.4% |
| Maintenance, repairs, insurance, and other expenses | 3.7% |
| Cars and trucks, new | 3.1% |
| Gasoline | 3.1% |
| Household furnishings and equipment | 3.1% |
| Other food at home | 3.1% |
| Cash contributions | 2.9% |
Average household budget · Methodology · BLS CEX source
Informational only - not advice. See disclaimer.