Property Values
Summary
Marion County property values just hit a record $28.01 billion, up more than 14% in a year. That’s a boost for local tax revenue, but it could also mean steeper tax bills for homeowners.
At a glance
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Impact analysis
More property value means more tax revenue for local governments—and a real chance of higher tax bills for homeowners.
Local governments and taxing districts benefit from a bigger tax base, and owners gain equity on paper.
Homeowners could get hit with higher tax bills, and renters may feel it if costs get passed along.
Mentions & discussions (1)
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