Hoffman property tax climbs to 6% for 2025, surpassing county average

Hoffman’s effective property tax rate rose from 1.6% in 2016 to 6% in 2025, marking a 4.4 percentage point increase over 10 years, according to BlockShopper.com.

The average effective property tax rate throughout Clinton County declined from 2.4% in 2016 to 1.8% in 2025, a shift of 0.6 percentage points for the same period. In 2025, Hoffman’s rate exceeded the county average.

Hoffman saw the highest jump in effective property tax rates between 2016 and 2025 among the 13 Clinton County cities reviewed.

In 2025, Hoffman led all Clinton County cities with an effective property tax rate of 6%.

This rate stands at 6.8 times the average U.S. effective property tax rate of 0.888% reported for 2024.

In 2025, U.S. home prices continued their upward trend, with the national median price at approximately $447,000 in June, up 1.13% from a prior year, based on Redfin data. Figures also indicated a significant supply-demand imbalance, with 36% more homes on the market than buyers, equating to a difference of 508,715 homes. By Redfin’s measure, a balanced market sees at most a 10% difference between buyers and sellers.

Even if local tax rates stay the same or decrease, homeowners may pay higher tax bills if property values go up. Property taxes reflect both the current rate and a home’s assessed value, meaning that rising home prices can cause homeowners to owe more even when governments reduce rates. The average effective property tax rate on median-value homes in the biggest city in each state fell by more than 5% from 2023 to 2024, according to a Lincoln Institute of Land Policy analysis.

Meanwhile, growing home values have boosted tax bases in many locations. Since property taxes are based on market value, higher home prices can drive tax bills higher—even when rates remain stable or drop. Studies of U.S. housing markets indicate that a 1% rise in median home value is typically linked with a roughly 0.71% decrease in the effective tax rate, showing how strong price growth can reduce rates as governments still collect increased revenue.