The United States does not impose a federal stamp duty on monthly payments. However, property taxes, which are levied on real estate, may require monthly installments depending on local jurisdiction policies. Property taxes fund public services like schools, roads, and emergency services.

Property taxes in the United States are typically annual assessments based on a property’s assessed value, set by local government entities. For example, in 2022, the median property tax rate was 0.64% of a property’s value, translating to an average annual payment of $3,398 per household (National Association of Realtors). Many homeowners opt to divide this annual amount into monthly installments to manage cash flow, though not all jurisdictions allow this. States like Texas and Florida historically have lower average rates (0.56% and 0.83%, respectively), while New Jersey and New York exceed 2.0%. These taxes are mandatory and enforced by county assessors, with delinquency leading to penalties or property auctions. The confusion may arise from conflating stamp duties (common in other countries) with property taxes, which are distinct in the U.S. system. No federal stamp duty exists, but state-level documentary taxes apply only to specific transactions (e.g., real estate closings), not recurring monthly fees.