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Key Points. Effective property tax rates range from an average of 0.27% in Hawaii to 2.30% in New Jersey. New Jersey and New York are home to the counties with the highest property tax rates....
On Tax-Rates.org, our data allows you to compare property taxes across states and counties by median property tax in dollars, median property tax as percentage of home value, and several other benchmarks.
Jan 30, 2024 · Property Taxes By State: A Comparative Look At The Highest To Lowest States. Searching for a new home comes with several considerations. Often, we value the community our home is in as a top priority. But financially supporting the local area, like schools and infrastructure, comes with property taxes.
Sep 1, 2023 · States with the Highest Property Taxes. The Northeast and the Midwest very much dominate the list of states with the highest property tax rates.
- Andrew Depietro
Aug 20, 2024 · Median property taxes paid in Manhattan (New York County), San Francisco, Chicago (Cook County), and Miami (Miami-Dade County) are two to three times higher than their state’s average. This is partially explained by the prevalence of above-average home prices in urban centers.
Aug 6, 2024 · New Jersey has the highest property tax rate in the U.S. The median property tax bill is nearly $9,000 annually. Hawaii currently has the lowest property tax rate.
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Mar 31, 2024 · The states with lowest property tax include Hawaii with the lowest property tax rate at 0.29%, followed by states like Alabama, Colorado, Nevada, and Louisiana. New Jersey has the highest property tax rate at 2.47%, followed by Illinois, Connecticut, New Hampshire, and Vermont.
