Property Taxes by State – 2014

Compare relative tax rates across the U.S. based on the lowest, average, or highest tax brackets. Hover over any state for median property tax in dollars, and click for more detailed information. Scroll down for a list of income tax rates by state.


2014 Property Taxes by State
  • Low Tax
  • Medium Tax
  • High Tax
Property taxes might be the most difficult tax to understand. They’re charged as a percentage of a property’s value, but this assessed value might not be the same as the market value it would sell for. A portion of a home’s value might be exempt from taxation, but only if it meets the strict definition of a primary residence. If a home is bought or sold during the middle of the year, you also have to figure out who is responsible for paying that year’s property taxes.

Unlike sales taxes or income taxes, you can’t simply move to avoid property taxes. Every state plus the District of Columbia imposes a property tax. Rates range from 0.18% in Louisiana to 1.89% in New Jersey, and the state property tax rates often don’t include additional local assessments for things like schools. Homeowners in high-tax areas may often find that their property tax bill approaches the annual rent for an apartment in their area. No matter how high property taxes are, they’re one of the first bills that should be paid — unpaid property taxes could lead to the state foreclosing on a home.


1.)
New Jersey 1.89%
2.)
New Hampshire 1.86%
3.)
Texas 1.81%
4.)
Nebraska 1.76%
5.)
Wisconsin 1.76%
6.)
Illinois 1.73%
7.)
Connecticut 1.63%
8.)
Michigan 1.62%
9.)
Vermont 1.59%
10.)
North Dakota 1.42%
11.)
Ohio 1.36%
12.)
Rhode Island 1.35%
13.)
Pennsylvania 1.35%
14.)
Iowa 1.29%
15.)
Kansas 1.29%
16.)
South Dakota 1.28%
17.)
New York 1.23%
18.)
Maine 1.09%
19.)
Minnesota 1.05%
20.)
Massachusetts 1.04%
21.)
Alaska 1.04%
22.)
Florida 0.97%
23.)
Washington 0.92%
24.)
Missouri 0.91%
25.)
Maryland 0.87%
26.)
Oregon 0.87%
27.)
Indiana 0.85%
28.)
Nevada 0.84%
29.)
Georgia 0.83%
30.)
Montana 0.83%
31.)
North Carolina 0.78%
32.)
California 0.74%
33.)
Oklahoma 0.74%
34.)
Virginia 0.74%
35.)
Arizona 0.72%
36.)
Kentucky 0.72%
37.)
Idaho 0.69%
38.)
Tennessee 0.68%
39.)
Colorado 0.6%
40.)
Utah 0.6%
41.)
Wyoming 0.58%
42.)
New Mexico 0.55%
43.)
Mississippi 0.52%
44.)
Arkansas 0.52%
45.)
South Carolina 0.5%
46.)
West Virginia 0.49%
47.)
D.C. 0.46%
48.)
Delaware 0.43%
49.)
Alabama 0.33%
50.)
Hawaii 0.26%
51.)
Louisiana 0.18%