Meaning of the word "property tax" in English

What does "property tax" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

property tax

US /ˈprɑp.ər.ti tæks/
UK /ˈprɒp.ə.ti tæks/

Noun

a tax levied on real estate, usually by local governments, based on the value of the property

Example:
Homeowners are required to pay annual property tax.
The increase in property tax has caused concern among residents.