$540,701,000,000: U.S. Property Taxes Hit Record in 2016: (CNSNews.com) — Americans paid a record $540,701,000,000 in property taxes to state and local governments in fiscal 2016, according to the U.S. Census Bureau.That was up $16,748,620,000 — or about 3.2 percent — from $523,952,380,000 in property taxes (in constant 2016 dollars) that state and local governments collected in fiscal 2015.