property tax

noun

: a tax levied on real or personal property

Examples of property tax in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Plus, Duggan proposes a 3-mill property tax cut that would lower the levy on a $100,000 home by $150. Annalise Frank, Axios, 28 Feb. 2025 The bill calls for property tax sharing if 100 or more students in a district’s boundaries attend a charter school. Carole Carlson, Chicago Tribune, 28 Feb. 2025 The expansion would generate $200,000 in additional annual property tax revenues to Huntersville, Jamestown officials said. Joe Marusak, Charlotte Observer, 25 Feb. 2025 On the tax front, average property tax rates should be reduced from 1.95% of a home’s value to 0.72%, which is near the middle of the pack among states. Adam A. Millsap, Forbes, 21 Feb. 2025 See All Example Sentences for property tax

Word History

First Known Use

1808, in the meaning defined above

Time Traveler
The first known use of property tax was in 1808

Browse Nearby Words

Cite this Entry

“Property tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/property%20tax. Accessed 6 Mar. 2025.

Legal Definition

property tax

noun
: a tax levied on real or personal property (as by a municipality) compare excise, income tax

More from Merriam-Webster on property tax

Last Updated: - Updated example sentences
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