Northeast, South Lead Country in Delinquent Taxes
The Northeast and South regions of the country lead in delinquency rates, followed by the West and Midwest respectively. There are more records available to review in the South than in the Northeast; however, the two regions’ delinquency rates were virtually the same.
Region | Jurisdictions Reviewed | Parcel Count | Delinquent Count | Rate | ||||
Midwest | 406 | 6,363,394 | 408,868 | 6.4% | ||||
Northeast | 1,543 | 9,028,154 | 804,867 | 8.9% | ||||
South | 454 | 38,483,343 | 3,378,129 | 8.8% | ||||
West | 71 | 4,381,645 | 300,373 | 6.9% | ||||
Total | 2,474 | 58,256,536 | 4,892,237 | 8.4% | ||||
“Because of the sheer volume of data available to
The analysis is designed to identify jurisdictions where property tax payments were not made by the economic loss date for the collecting agency. An account becomes delinquent when the due date for a tax return or other established liability has passed and the amount due remains unpaid. Penalties and interest begin to accrue on the unpaid tax until the entire balance is paid in full.
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