While property tax abatement won’t eliminate your property tax bill, the savings can still be substantial. For example, if a homeowner typically spends $3,100 annually on property taxes, a tax abatement that saves $175 per month (or $2,100 per year) could result in total savings of $21...
Homeowners across the South Atlantic region enjoy, as a rule, very affordable property tax bills, even in affluent urban and suburban counties. This is the work not only of low nominal property tax rates, but also results from generous property tax exemptions for homeowners, veterans, seniors, ...