Buying a home? Property taxes are important to consider when buying a new home, especially if you’re a first-time buyer. Despite living in an age of information, information about property tax by state can be hard to find. We’ve made it simple. Below is a list of property tax by state, based on Household Value (HV). This information is provided by the U.S. Census Bureau, and should be considered when you buy a home.
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U.S. Average Household Property Tax
1.04% (% of HV)
Below, we’ve listed property tax by state, broken down by percentage of income (first), and also by percentage of home value.
Property Taxes by State
by Percentage of Home Value
— LOWEST PROPERTY TAXES —
1. Louisiana – 0.18%
2. Hawaii – 0.26%
3. Alabama – 0.33%
4. Delaware – 0.43%
5. District of Columbia (DC) – 0.46%
6. West Virginia – 0.49%
7. South Carolina – 0.50%
8. Arkansas – 0.52%
9. Mississippi – 0.53%
10. New Mexico – 0.55%
11. Wyoming – 0.58%
12. Utah – 0.60%
13. Colorado – 0.60%
14. Tennessee – 0.68%
15. Idaho – 0.69%
16. Kentucky – 0.72%
17. Arizona – 0.72%
18. Virginia – 0.74%
19. California – 0.74%
20. Oklahoma – 0.74%
21. North Carolina – 0.78%
22. Georgia – 0.83%
23. Montana – 0.83%
24. Nevada – 0.84%
25. Indiana – 0.85%
26. Oregon – 0.87%
27. Maryland – 0.87%
28. Missouri – 0.91%
29. Washington – 0.92%
30. Florida – 0.97%
31. Massachusetts – 1.04%
32. Alaska – 1.04%
33. Minnesota – 1.05%
34. Maine – 1.09%
35. New York – 1.23%
36. South Dakota – 1.28%
37. Kansas – 1.29%
38. Iowa – 1.29%
39. Pennsylvania – 1.35%
40. Rhode Island – 1.35%
41. Ohio – 1.36%
42. North Dakota – 1.42%
43. Vermont – 1.59%
44. Connecticut – 1.63%
45. Illinois – 1.73%
46. Nebraska – 1.76%
47. Wisconsin – 1.76%
48. Texas – 1.81%
49. New Hampshire – 1.86%
50. New Jersey – 1.89%
— HIGHEST PROPERTY TAXES —