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.
The House budget proposal also prioritizes further property tax relief. Patrick Gleason, Forbes, 23 Jan. 2025 Some states are focusing on property tax relief in response to concerns about rising housing costs. David A. Lieb, Chicago Tribune, 17 Jan. 2025 By the numbers: The new county property tax rate is 6.43 mills, up from 4.73 mills. Ryan Deto, Axios, 16 Jan. 2025 The program allows for state income tax exemption for five years, offering investors in big projects to save up to hundreds of thousands of dollars a year per project in property tax savings. Alexandra Berzon, New York Times, 16 Jan. 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

Dictionary Entries Near property tax

Cite this Entry

“Property tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/property%20tax. Accessed 27 Jan. 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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