Where your home is located can make a significant difference in how much you pay in taxes each year, according to a new study by WalletHub, a personal finance website. For American homeowners, annual property taxes average $3,119, the research showed.
To determine where homeowners pay the highest and lowest property taxes, WalletHub compared the 50 states and the District of Columbia by using the most recently available U.S. Census Bureau data for real estate property tax rates.
Researchers divided the median real-estate tax payment by the median home price in each state. Then they used the resulting rates to find the dollar amount paid as real estate tax on a house worth $332,700, the median value for a home in the U.S. as of 2024.
See the gallery for the 12 states with the lightest real estate tax burden, ranked by the tax bill on a median-priced home in each one.
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