Which US State Has the Highest Property Tax in the Nation?

There are many more expenses to consider when buying a home than merely the cost of the house. Every year homeowners must cover the expensive cost of property taxes, which can be considerably higher depending on which state you live in. Not only do taxes vary from state to state, but from county to county. Before you think of purchasing a new home, you need to check out what your yearly bill would be for property taxes. (Also see the states with the most expensive homes.)

Using data from the Tax Foundation, 24/7 Wall St. identified the property taxes for each state. States are ranked by the effective property tax rate, or the average amount paid in property taxes as a share of property value in 2022. Supplemental data on per capita property tax collections are also from the Tax Foundation, while median household income, median home value, and homeownership rates are from the U.S. Census Bureau’s 2023 American Community Survey. Depending on the state, effective property tax rates range from less than .5% of a given home’s value, to more than 2%. While property tax rates can vary within a given state, there are some regional patterns.

Why It Matters

For a majority of local governments in the United States, property taxes are the leading source of revenue. Unlike income taxes, which are levied at the state and federal levels, property taxes are largely determined by local governments, and partially as a result, they vary considerably across the country. In some states, annual per capita property tax collections are only a few hundred dollars, while in others they are well over $3,000.

50. Hawaii

• Effective property tax rate: 0.26% of home value
• Annual state and local property tax collections: $1,608 per capita (23rd lowest of 50 states)
• Median home value: $846,400 (the highest of 50 states)
• Homeownership rate: 62.4% (5th lowest of 50 states)
• Median household income: $95,322 (6th highest of 50 states)

49. Alabama

• Effective property tax rate: 0.36% of home value
• Annual state and local property tax collections: $658 per capita (the lowest of 50 states)
• Median home value: $216,600 (8th lowest of 50 states)
• Homeownership rate: 70.1% (14th highest of 50 states)
• Median household income: $62,212 (7th lowest of 50 states)

48. Nevada

• Effective property tax rate: 0.44% of home value
• Annual state and local property tax collections: $1,209 per capita (14th lowest of 50 states)
• Median home value: $441,100 (9th highest of 50 states)
• Homeownership rate: 60.4% (3rd lowest of 50 states)
• Median household income: $76,364 (22nd highest of 50 states)

47. Arizona

• Effective property tax rate: 0.45% of home value
• Annual state and local property tax collections: $1,244 per capita (16th lowest of 50 states)
• Median home value: $411,200 (15th highest of 50 states)
• Homeownership rate: 67.7% (24th lowest of 50 states)
• Median household income: $77,315 (20th highest of 50 states)

46. Colorado

• Effective property tax rate: 0.45% of home value
• Annual state and local property tax collections: $2,066 per capita (15th highest of 50 states)
• Median home value: $550,300 (5th highest of 50 states)
• Homeownership rate: 65.7% (14th lowest of 50 states)
• Median household income: $92,911 (9th highest of 50 states)

45. South Carolina

• Effective property tax rate: 0.46% of home value
• Annual state and local property tax collections: $1,368 per capita (18th lowest of 50 states)
• Median home value: $272,900 (21st lowest of 50 states)
• Homeownership rate: 72.4% (7th highest of 50 states)
• Median household income: $67,804 (11th lowest of 50 states)

44. Idaho

• Effective property tax rate: 0.47% of home value
• Annual state and local property tax collections: $1,097 per capita (10th lowest of 50 states)
• Median home value: $428,600 (10th highest of 50 states)
• Homeownership rate: 72.5% (6th highest of 50 states)
• Median household income: $74,942 (24th highest of 50 states)

43. Utah

• Effective property tax rate: 0.47% of home value
• Annual state and local property tax collections: $1,221 per capita (15th lowest of 50 states)
• Median home value: $517,700 (6th highest of 50 states)
• Homeownership rate: 70.1% (14th highest of 50 states)
• Median household income: $93,421 (8th highest of 50 states)

42. Delaware

• Effective property tax rate: 0.48% of home value
• Annual state and local property tax collections: $1,097 per capita (9th lowest of 50 states)
• Median home value: $359,700 (20th highest of 50 states)
• Homeownership rate: 73.6% (3rd highest of 50 states)
• Median household income: $81,361 (16th highest of 50 states)

41. Tennessee

• Effective property tax rate: 0.48% of home value
• Annual state and local property tax collections: $921 per capita (4th lowest of 50 states)
• Median home value: $307,300 (24th lowest of 50 states)
• Homeownership rate: 67.3% (22nd lowest of 50 states)
• Median household income: $67,631 (9th lowest of 50 states)

40. Louisiana

• Effective property tax rate: 0.51% of home value
• Annual state and local property tax collections: $996 per capita (7th lowest of 50 states)
• Median home value: $215,600 (7th lowest of 50 states)
• Homeownership rate: 68.1% (22nd highest of 50 states)
• Median household income: $58,229 (3rd lowest of 50 states)

39. Arkansas

• Effective property tax rate: 0.53% of home value
• Annual state and local property tax collections: $831 per capita (2nd lowest of 50 states)
• Median home value: $195,700 (3rd lowest of 50 states)
• Homeownership rate: 66.2% (16th lowest of 50 states)
• Median household income: $58,700 (4th lowest of 50 states)

38. West Virginia

• Effective property tax rate: 0.55% of home value
• Annual state and local property tax collections: $1,080 per capita (8th lowest of 50 states)
• Median home value: $163,700 (the lowest of 50 states)
• Homeownership rate: 73.5% (4th highest of 50 states)
• Median household income: $55,948 (2nd lowest of 50 states)

37. Wyoming

• Effective property tax rate: 0.55% of home value
• Annual state and local property tax collections: $2,156 per capita (13th highest of 50 states)
• Median home value: $298,700 (23rd lowest of 50 states)
• Homeownership rate: 71.2% (11th highest of 50 states)
• Median household income: $72,415 (20th lowest of 50 states)

36. North Carolina

Residential Neighborhood, New Bern, North Carolina (BY-SA 2.0) by Ken Lund

• Effective property tax rate: 0.63% of home value
• Annual state and local property tax collections: $1,116 per capita (11th lowest of 50 states)
• Median home value: $308,600 (25th lowest of 50 states)
• Homeownership rate: 66.3% (19th lowest of 50 states)
• Median household income: $70,804 (17th lowest of 50 states)

35. New Mexico

• Effective property tax rate: 0.67% of home value
• Annual state and local property tax collections: $936 per capita (5th lowest of 50 states)
• Median home value: $256,300 (16th lowest of 50 states)
• Homeownership rate: 69.3% (18th highest of 50 states)
• Median household income: $62,268 (8th lowest of 50 states)

34. California

• Effective property tax rate: 0.68% of home value
• Annual state and local property tax collections: $2,100 per capita (14th highest of 50 states)
• Median home value: $725,800 (2nd highest of 50 states)
• Homeownership rate: 55.9% (2nd lowest of 50 states)
• Median household income: $95,521 (5th highest of 50 states)

33. Montana

• Effective property tax rate: 0.69% of home value
• Annual state and local property tax collections: $1,827 per capita (20th highest of 50 states)
• Median home value: $392,300 (16th highest of 50 states)
• Homeownership rate: 69.2% (19th highest of 50 states)
• Median household income: $70,804 (17th lowest of 50 states)

32. Mississippi

• Effective property tax rate: 0.70% of home value
• Annual state and local property tax collections: $1,208 per capita (13th lowest of 50 states)
• Median home value: $169,800 (2nd lowest of 50 states)
• Homeownership rate: 71.1% (12th highest of 50 states)
• Median household income: $54,203 (the lowest of 50 states)

31. Florida

• Effective property tax rate: 0.71% of home value
• Annual state and local property tax collections: $1,608 per capita (22nd lowest of 50 states)
• Median home value: $381,000 (18th highest of 50 states)
• Homeownership rate: 68.1% (22nd highest of 50 states)
• Median household income: $73,311 (21st lowest of 50 states)

30. Indiana

• Effective property tax rate: 0.71% of home value
• Annual state and local property tax collections: $1,208 per capita (12th lowest of 50 states)
• Median home value: $225,900 (11th lowest of 50 states)
• Homeownership rate: 70.4% (13th highest of 50 states)
• Median household income: $69,477 (14th lowest of 50 states)

29. Georgia

• Effective property tax rate: 0.72% of home value
• Annual state and local property tax collections: $1,390 per capita (19th lowest of 50 states)
• Median home value: $323,000 (24th highest of 50 states)
• Homeownership rate: 66.1% (15th lowest of 50 states)
• Median household income: $74,632 (25th highest of 50 states)

28. Virginia

Tysons Corner, Virginia (BY-SA 2.0) by La Citta Vita

• Effective property tax rate: 0.72% of home value
• Annual state and local property tax collections: $1,911 per capita (17th highest of 50 states)
• Median home value: $382,900 (17th highest of 50 states)
• Homeownership rate: 67.8% (25th lowest of 50 states)
• Median household income: $89,931 (11th highest of 50 states)

27. Kentucky

George Wiedemann Jr. Mansion, Park Avenue, Mansion Hill, Newport, KY (CC0 1.0) by w_lemay

• Effective property tax rate: 0.74% of home value
• Annual state and local property tax collections: $968 per capita (6th lowest of 50 states)
• Median home value: $211,800 (5th lowest of 50 states)
• Homeownership rate: 68.8% (20th highest of 50 states)
• Median household income: $61,118 (5th lowest of 50 states)

26. Washington

• Effective property tax rate: 0.76% of home value
• Annual state and local property tax collections: $1,895 per capita (18th highest of 50 states)
• Median home value: $576,000 (3rd highest of 50 states)
• Homeownership rate: 63.7% (10th lowest of 50 states)
• Median household income: $94,605 (7th highest of 50 states)

25. Oklahoma

• Effective property tax rate: 0.76% of home value
• Annual state and local property tax collections: $914 per capita (3rd lowest of 50 states)
• Median home value: $208,600 (4th lowest of 50 states)
• Homeownership rate: 65.1% (12th lowest of 50 states)
• Median household income: $62,138 (6th lowest of 50 states)

24. Oregon

• Effective property tax rate: 0.77% of home value
• Annual state and local property tax collections: $1,816 per capita (21st highest of 50 states)
• Median home value: $484,800 (7th highest of 50 states)
• Homeownership rate: 63.4% (7th lowest of 50 states)
• Median household income: $80,160 (19th highest of 50 states)

23. Missouri

• Effective property tax rate: 0.82% of home value
• Annual state and local property tax collections: $1,333 per capita (17th lowest of 50 states)
• Median home value: $233,600 (12th lowest of 50 states)
• Homeownership rate: 68.8% (20th highest of 50 states)
• Median household income: $68,545 (12th lowest of 50 states)

22. Maryland

Community planning (BY-SA 2.0) by La Citta Vita

• Effective property tax rate: 0.95% of home value
• Annual state and local property tax collections: $1,816 per capita (22nd highest of 50 states)
• Median home value: $413,600 (13th highest of 50 states)
• Homeownership rate: 67.9% (24th highest of 50 states)
• Median household income: $98,678 (3rd highest of 50 states)

21. Maine

• Effective property tax rate: 0.96% of home value
• Annual state and local property tax collections: $2,821 per capita (6th highest of 50 states)
• Median home value: $310,700 (25th highest of 50 states)
• Homeownership rate: 74.4% (the highest of 50 states)
• Median household income: $73,733 (22nd lowest of 50 states)

20. North Dakota

Fargo, North Dakota (CC BY-SA 2.0) by Ken Lund

• Effective property tax rate: 0.97% of home value
• Annual state and local property tax collections: $1,567 per capita (21st lowest of 50 states)
• Median home value: $246,700 (15th lowest of 50 states)
• Homeownership rate: 63.7% (10th lowest of 50 states)
• Median household income: $76,525 (21st highest of 50 states)

19. Minnesota

• Effective property tax rate: 0.98% of home value
• Annual state and local property tax collections: $1,868 per capita (19th highest of 50 states)
• Median home value: $328,600 (23rd highest of 50 states)
• Homeownership rate: 72.0% (9th highest of 50 states)
• Median household income: $85,086 (13th highest of 50 states)

18. South Dakota

• Effective property tax rate: 1.01% of home value
• Annual state and local property tax collections: $1,648 per capita (24th lowest of 50 states)
• Median home value: $268,200 (19th lowest of 50 states)
• Homeownership rate: 69.4% (17th highest of 50 states)
• Median household income: $71,810 (19th lowest of 50 states)

17. Massachusetts

• Effective property tax rate: 1.04% of home value
• Annual state and local property tax collections: $2,801 per capita (7th highest of 50 states)
• Median home value: $570,800 (4th highest of 50 states)
• Homeownership rate: 62.3% (4th lowest of 50 states)
• Median household income: $99,858 (the highest of 50 states)

16. Alaska

File:Farm Avenue looking west from Old Glenn Highway, Eagle River, Alaska.jpg (BY-SA 3.0) by RadioKAOS

• Effective property tax rate: 1.07% of home value
• Annual state and local property tax collections: $2,326 per capita (10th highest of 50 states)
• Median home value: $347,500 (21st highest of 50 states)
• Homeownership rate: 66.3% (19th lowest of 50 states)
• Median household income: $86,631 (12th highest of 50 states)

15. Rhode Island

• Effective property tax rate: 1.23% of home value
• Annual state and local property tax collections: $2,465 per capita (9th highest of 50 states)
• Median home value: $411,800 (14th highest of 50 states)
• Homeownership rate: 64.0% (11th lowest of 50 states)
• Median household income: $84,972 (14th highest of 50 states)

14. Michigan

• Effective property tax rate: 1.24% of home value
• Annual state and local property tax collections: $1,662 per capita (25th lowest of 50 states)
• Median home value: $236,100 (13th lowest of 50 states)
• Homeownership rate: 73.7% (2nd highest of 50 states)
• Median household income: $69,183 (13th lowest of 50 states)

13. Kansas

• Effective property tax rate: 1.26% of home value
• Annual state and local property tax collections: $1,791 per capita (23rd highest of 50 states)
• Median home value: $219,800 (9th lowest of 50 states)
• Homeownership rate: 66.7% (20th lowest of 50 states)
• Median household income: $70,333 (15th lowest of 50 states)

12. Pennsylvania

• Effective property tax rate: 1.26% of home value
• Annual state and local property tax collections: $1,681 per capita (25th highest of 50 states)
• Median home value: $259,900 (17th lowest of 50 states)
• Homeownership rate: 69.5% (16th highest of 50 states)
• Median household income: $73,824 (23rd lowest of 50 states)

11. Ohio

• Effective property tax rate: 1.30% of home value
• Annual state and local property tax collections: $1,552 per capita (20th lowest of 50 states)
• Median home value: $220,200 (10th lowest of 50 states)
• Homeownership rate: 67.1% (21st lowest of 50 states)
• Median household income: $67,769 (10th lowest of 50 states)

10. Wisconsin

• Effective property tax rate: 1.38% of home value
• Annual state and local property tax collections: $1,782 per capita (24th highest of 50 states)
• Median home value: $272,500 (20th lowest of 50 states)
• Homeownership rate: 67.9% (24th highest of 50 states)
• Median household income: $74,631 (25th lowest of 50 states)

9. Iowa

• Effective property tax rate: 1.40% of home value
• Annual state and local property tax collections: $1,936 per capita (16th highest of 50 states)
• Median home value: $213,300 (6th lowest of 50 states)
• Homeownership rate: 71.8% (10th highest of 50 states)
• Median household income: $71,433 (18th lowest of 50 states)

8. Nebraska

• Effective property tax rate: 1.44% of home value
• Annual state and local property tax collections: $2,169 per capita (12th highest of 50 states)
• Median home value: $245,200 (14th lowest of 50 states)
• Homeownership rate: 66.3% (19th lowest of 50 states)
• Median household income: $74,590 (24th lowest of 50 states)

7. Texas

• Effective property tax rate: 1.47% of home value
• Annual state and local property tax collections: $2,200 per capita (11th highest of 50 states)
• Median home value: $296,900 (22nd lowest of 50 states)
• Homeownership rate: 62.6% (6th lowest of 50 states)
• Median household income: $75,780 (23rd highest of 50 states)

6. New York

New York City, Lower Manhattan, Church St. (BY 2.0) by (vincent desjardins)

• Effective property tax rate: 1.54% of home value
• Annual state and local property tax collections: $3,359 per capita (2nd highest of 50 states)
• Median home value: $420,200 (11th highest of 50 states)
• Homeownership rate: 54.1% (the lowest of 50 states)
• Median household income: $82,095 (15th highest of 50 states)

5. Vermont

Lyman Meadow Condominiums, Hinesburg VT (BY 2.0) by NNECAPA

• Effective property tax rate: 1.56% of home value
• Annual state and local property tax collections: $2,991 per capita (5th highest of 50 states)
• Median home value: $332,000 (22nd highest of 50 states)
• Homeownership rate: 73.2% (5th highest of 50 states)
• Median household income: $81,211 (17th highest of 50 states)

4. New Hampshire

• Effective property tax rate: 1.61% of home value
• Annual state and local property tax collections: $3,294 per capita (3rd highest of 50 states)
• Median home value: $415,400 (12th highest of 50 states)
• Homeownership rate: 72.4% (7th highest of 50 states)
• Median household income: $96,838 (4th highest of 50 states)

3. Connecticut

144 & 146 Huntington Street, New London (BY-SA 4.0) by Beyond My Ken

• Effective property tax rate: 1.78% of home value
• Annual state and local property tax collections: $3,292 per capita (4th highest of 50 states)
• Median home value: $367,800 (19th highest of 50 states)
• Homeownership rate: 65.7% (14th lowest of 50 states)
• Median household income: $91,665 (10th highest of 50 states)

2. Illinois

Chicago (ILL), Near North Side, John Hancock Center, 1970. ' The Gold Coast ' (BY 2.0) by (vincent desjardins)

• Effective property tax rate: 1.95% of home value
• Annual state and local property tax collections: $2,473 per capita (8th highest of 50 states)
• Median home value: $263,300 (18th lowest of 50 states)
• Homeownership rate: 67.4% (23rd lowest of 50 states)
• Median household income: $80,306 (18th highest of 50 states)

1. New Jersey

• Effective property tax rate: 2.08% of home value
• Annual state and local property tax collections: $3,539 per capita (the highest of 50 states)
• Median home value: $461,000 (8th highest of 50 states)
• Homeownership rate: 63.7% (10th lowest of 50 states)
• Median household income: $99,781 (2nd highest of 50 states)