impots.taxFRENCH TAX MONITOR

PROPERTY TAX

REAL ESTATE EXTRACTION REPORT — 2024-2025

Data 2025

Property tax has become the main fiscal lever for municipalities since the abolition of the housing tax in 2023. With €55 billion in annual revenue, it's France's most profitable local tax. And its calculation bases date from… 1970.

CALCULATION

Tax = Cadastral rental value × 50% (allowance) × Municipal rate

Cadastral rental values are based on the 1970 rental market. Never fundamentally revised since.

BASE REVALUATION

YearCoefficient
2023+7.1%
2024+3.9%
2025+1.7%
2026+0.8%

The 2026 structural revision was suspended by PM Sébastien Lecornu on 11/26/2025.

KEY AMOUNTS

  • ► Total revenue: €55.3B (2024)
  • ► 33 million taxpayers
  • ► Average amount: €1,082/taxpayer
  • ► House: ~€1,090 (2025)
  • ► Apartment: ~€865 (2025)

RATES BY MAJOR CITY (2025)

CityRate
paris20.5%
lyon32.44%
marseille47.13%
toulouse48.55%
amiens56.05%
angers56.42%
grenoble67.92%

No rate increases voted in 2025 among cities with over 100,000 inhabitants.

HOUSING TAX ABOLITION

The housing tax on primary residences was abolished on January 1, 2023 — ~€18.5B less for households. Consequence: property tax became the only fiscal lever for municipalities, and it keeps rising.

FREQUENTLY ASKED QUESTIONS — PROPERTY TAX

How is French property tax calculated?
Cadastral rental value × 50% allowance × local rate (set by commune + intercommunality). The rental values are based on the 1970 rental market and revalued annually by an inflation coefficient. Yes, 1970 — before the internet, before the euro, before most taxpayers were born.
What is the average property tax in France?
€1,082 per taxpayer in 2024. Houses average ~€1,090, apartments ~€865. Total revenue: €55.3 billion across 33 million taxpayers. And the trend is firmly upward.
Why does property tax keep increasing?
Two factors compound viciously: annual base revaluation (+7.1% in 2023, +3.9% in 2024, +1.7% in 2025) AND local rate increases by communes compensating for the abolished housing tax. When one tax disappears, another one swells to fill the gap.
Which cities have the highest property tax rates?
Grenoble leads at 67.92%, followed by Angers (56.42%), Amiens (56.05%), and Toulouse (48.55%). National average: ~40.67%. Paris is only 20.5% — proof that even in France, property tax can be 'reasonable.' Relatively speaking.

Sources : DGFiP Statistics #34 (May 2025), impots.gouv.fr, IFRAP

Last updated: Mars 2026