GITNUX MARKETDATA REPORT 2024

Property Tax Delinquency Period Statistics

Property tax delinquency period statistics will provide insights into the timeframe in which property owners typically fall behind on their tax payments.

In this post, we explore a collection of statistics related to property tax delinquency across various regions in the United States. From the significant number of tax delinquent properties in cities like Detroit and Philadelphia to the varying delinquency rates and totals in counties like Milwaukee and Cook, these statistics offer insights into the impact of property tax delinquency on local economies and communities.

Statistic 1

"Approximately 30% of properties in Detroit were tax delinquent in the year 2014."

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Statistic 2

"In 2017, around 14,000 properties in Philadelphia were tax delinquent."

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Statistic 3

"In Milwaukee County, the delinquent property tax totals exceed over $28 million."

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Statistic 4

"Approximately 70,000 properties in Cook County have a delinquent property tax balance."

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Statistic 5

"In the U.S, property taxes account for approximately 31.5% of state and local tax receipts in fiscal year 2018."

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Statistic 6

"In 2019, San Francisco's percentage of property taxes not paid in 91 days was 0.26%."

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Statistic 7

"2% of properties in New Jersey were tax delinquent in 2016."

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Statistic 8

"In 2020, property tax delinquency in New York City increased by 3.7%."

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Statistic 9

"The delinquency rate on property taxes for residential properties in the year 2015 was 3.55%."

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Statistic 10

"The average property tax delinquency period in the US varies from state to state, ranging from three to five years."

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Statistic 11

"Over 1.2 million properties in Illinois are tax delinquent."

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Statistic 12

"12,000 tax delinquent properties in Baltimore are left vacant."

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Statistic 13

"Property tax delinquency rates in Detroit have decreased to nearly 16% in 2020 from 30% in 2015."

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Statistic 14

"In 2020, the property tax delinquency rate in Tarrant County, Texas was 6.3%."

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Statistic 15

"15% of properties in Pottawattamie County, Iowa, were tax delinquent in 2015."

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Statistic 16

"Property tax delinquencies in Milwaukee County, Wisconsin have increased by 7% from 2019 to 2020."

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Statistic 17

"In 2020, 54% of properties sold at the Wayne County Tax Auction in Detroit were tax delinquent."

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The statistics presented indicate varying levels of property tax delinquency across different locations in the United States, with cities like Detroit, Philadelphia, and Cook County experiencing significant rates of delinquency. However, there are also instances of improvement, such as the decrease in delinquency rates in Detroit and San Francisco. These data highlight the ongoing challenge of property tax delinquency, which not only impacts local government revenues but also has broader implications for property owners and the overall economy. Addressing this issue will require targeted policies and strategies to support property owners in meeting their tax obligations and ultimately reduce delinquency rates nationwide.

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