State Tax Collections: T01 Property Taxes for Delaware
QTAXT01QTAXCAT3DENO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 10/1/2013
Summary
This economic trend measures state-level property tax collections in Delaware. It is an important indicator for understanding state and local government tax revenue and fiscal conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The State Tax Collections: T01 Property Taxes for Delaware series tracks the quarterly total of property tax revenue collected by the state government of Delaware. Property taxes are a major source of funding for state and local public services and infrastructure.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, economists, and real estate analysts to assess Delaware's economic and fiscal health.
Key Facts
- Delaware collected $337 million in property taxes in Q4 2022.
- Property taxes account for over 60% of Delaware's state tax revenue.
- Delaware has no state sales tax, making property taxes a crucial revenue source.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total quarterly property tax revenue collected by the state government of Delaware.
Q: Why is this trend relevant for users or analysts?
A: Property taxes are a critical source of funding for state and local governments, so this trend provides important insights into Delaware's fiscal health and capacity to fund public services.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and real estate analysts monitor this trend to assess Delaware's economic and fiscal conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Census Bureau, so there may be a short delay before the most recent information is available.
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Citation
U.S. Federal Reserve, State Tax Collections: T01 Property Taxes for Delaware (QTAXT01QTAXCAT3DENO), retrieved from FRED.