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States With the Highest Property Taxes [1]

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Date: 2018-10-24 02:00:00+00:00

In some states, homes are cheap, property tax rates are less than half of 1% and the average property tax payment is just a few hundred bucks per year. In the most expensive states, however, rates soar over 2%, homes are pricey and average annual property tax bills routinely creep as high as $10,000 per year.

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Using data from the Tax Foundation, GOBankingRates ranked the states with the highest property taxes in America, including the percentage rate, the average dollar amount paid and the average home value. We ranked the top 15 in ascending order from least expensive to most. For context, the national average effective property tax is 1.04%, the U.S. average home value is $349,015 and the average annual property tax bill is $3,630. See which states are the most expensive to own real estate in.

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[1] Url: https://www.gobankingrates.com/taxes/filing/states-with-the-highest-property-taxes/

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