Taxable Property Values Never Recovered from Great Recession

Assessable base per capita for municipalities and counties (constant FY 2024 $), selected fiscal years 2010–2024

Bar chart of inflation-adjusted assessable base per capita for municipalities and counties in selected fiscal years 2010 to 2024, where taxable property values never recovered from the Great Recession.

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Adjusted for inflation using the Implicit Price Deflator for State and Local Governments.

Chart: Maryland Center on Economic PolicySource: MDCEP analysis of DLS Local Government Finances data, Bureau of Economic Analysis price data, U.S. Census Bureau Population Estimates Program.Get the data