Montana Couple Faces 107% Property Tax Increase, Threatening Their Retirement
A Montana couple, Dan and Carol Webster, are struggling with a 107% increase in property taxes on their home built in 2005, pushing their annual bill from $25,885 to $53,662. The surge in property taxes, driven by rising home values in Bozeman, is putting seniors on fixed incomes at risk. This issue is part of a broader trend across the U.S., where property taxes are rising faster than inflation.
Topics: economic impact homeownership housing market property taxes seniors