top of page

National Real Estate News: States with Highest and Lowest Property Taxes


Here is some great real estate tax information from Realtor Magazine.....

New Jersey continues to lead the nation with the highest annual real estate taxes in the country. The state’s residents pay an average of $8,374 a year, which is about $7,000 more than Alabama residents—who pay the lowest property taxes in the country. The findings from the 2016 American Community Survey were detailed on the National Association of Home Builders’ Eye on Housing blog.

Northeastern states tend to have the highest property taxes, while the South—with the exception of Texas—has the lowest. Property taxes, on average, account for 40 percent of state and local tax receipts. Some state and local governments rely more heavily on property taxes as a source of revenue than others. Property values and taxes vary widely from state to state.

The following are the 12 states that paid the highest average annual real estate taxes in 2016:

  • New Jersey: $8,374 (2.14% effective property tax rate)

  • Connecticut: $6,222

  • New York: $5,881

  • New Hampshire: $5,511

  • Rhode Island: $4,529

  • Vermont: $4,527

  • Massachusetts: $4,993

  • Illinois: $4,845

  • California: $4,422

  • Maryland: $3,688

  • Texas: $3,550

  • Wisconsin: $3,523

The states that paid some of the lowest average annual property taxes in 2016 are:

  • Alabama: $667

  • West Virginia: $792

  • Arkansas: $992

  • Louisiana: $976

  • Mississippi: $938

Source: “Property Taxes by State – 2016,” National Association of Home Builders’ Eye on Housing blog (Oct. 2, 2017)

  • Debora Sanders Realtor Instagram - Your Central Coast Realtor
  • Debora Sanders Realtor Facebook
  • Debora Sanders Realtor Youtube
  • Debora Sanders Realtor Linkedin

Sotheby's International Realty
3775 Via Nona Marie Suite 100, Carmel CA 93923
831-624-9700

License: DRE#01966114

PSA_logo_edited.png
WCR logo.jpg
ILHM_Member_Seal_RGB_Small_1187628351_9922.png
ILHM_GUILD_Seal_RGB_Small_1187628351_1170.png
ILHM_CLHMS_Seal_Grayscale_thumbnail_125_1187628351_7872.png

Debora Sanders is a real estate salesperson licensed by the state of California affiliated with Sotheby's International Realty. Sotheby's International Realty is a real estate broker licensed by the state of California and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting, or other professional advice outside the realm of real estate brokerage.

*All Rights Reserved*

Designed by Kollaborativ  

bottom of page