property tax

noun

: a tax levied on real or personal property

Examples of property tax in a Sentence

Recent Examples on the Web
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After that, the property is expected to bring in over $1 million a year in property tax revenue. Chris Higgins, Kansas City Star, 17 June 2025 The mayor of Memphis weighs in Mayor Paul Young said In his weekly newsletter Friday that an ordinance now requires that 25% of xAI’s city property tax revenue be reinvested directly into neighborhoods within 5 miles of the facility. Preston Fore, Fortune, 17 June 2025 One of the biggest downsides of the new fee structure is the plan to save billing costs by charging the fees on property tax bills, with adjustments only coming months — or years — after the fact. Inga, San Diego Union-Tribune, 16 June 2025 The district fees were stamped onto annual property tax bills for area homes ranging in value from just under $250,000 to more grandiose country club estates worth more than $1.8 million. Josh Salman, Miami Herald, 13 June 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

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Cite this Entry

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