According to a report by Agent Advice on the cities with the highest property tax increase in the country, Greensboro has a shot at being number one in 2022-2023.
The data used for the report is from the 2021 tax year. Greensboro did not have a property tax rate increase in the 2021-2022 fiscal year and is not on the list for 2021.
However, judging from the number one city listed for 2021, Greensboro has a good shot at being number one in 2022.
According to a report from Greensboro city staff, the estimated average property tax increase in Greensboro in the current fiscal year is about 30 percent.
According to Agent Advice, in 2021 the highest property tax increase in the country was 29.2 percent in Lancaster, Pennsylvania.
So, depending on exactly where that about 30 percent falls, Greensboro should certainly be near the top in the country in 2022.
In 2021, Winston-Salem had the highest property tax increase in North Carolina with 20.5 percent, which was high enough to be number five in the country.
Charlotte was second in North Carolina and number 16 in the country with a property tax increase of 10.8 percent.
Greenville, South Carolina, a city Greensboro’s leadership tries to emulate, was number 18 in the country with a 9.9 percent property tax increase.
The fact that the highest tax rate increase in the country in 2021 is close to the Greensboro property tax rate increase for 2022 is a good indication of just what a massive tax increase Greensboro property owners are facing this year.
Number 2 on the 2021 list is Nashville, Tennessee, with a tax increase of 27 percent and number 3 is Knoxville, Tennessee, with a tax increase of 22.2 percent, only slightly higher than Chattanooga, Tennessee, at number four with a 22 percent tax increase.
It does make you think something is going on next door in Tennessee.