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Property Taxes by State

All 50 states plus D.C., ranked by effective property tax rate (2022) — the share of a home's value paid in property tax each year. Source: Tax Foundation. Property tax is part of your true monthly cost, so factor it in alongside rate and insurance.

#StateEffective rate
1New Jersey2.08%
2Illinois1.95%
3Connecticut1.78%
4New Hampshire1.61%
5Vermont1.56%
6New York1.54%
7Texas1.47%
8Nebraska1.44%
9Iowa1.40%
10Wisconsin1.38%
11Ohio1.30%
12Kansas1.26%
13Pennsylvania1.26%
14Michigan1.24%
15Rhode Island1.23%
16Alaska1.07%
17Massachusetts1.04%
18South Dakota1.01%
19Minnesota0.98%
20North Dakota0.97%
21Maine0.96%
22Maryland0.95%
23Missouri0.82%
24Oregon0.77%
25Oklahoma0.76%
26Washington0.76%
27Kentucky0.74%
28Georgia0.72%
29Virginia0.72%
30Florida0.71%
31Indiana0.71%
32Mississippi0.70%
33Montana0.69%
34California0.68%
35New Mexico0.67%
36North Carolina0.63%
37District of Columbia0.57%
38West Virginia0.55%
39Wyoming0.55%
40Arkansas0.53%
41Louisiana0.51%
42Delaware0.48%
43Tennessee0.48%
44Idaho0.47%
45Utah0.47%
46South Carolina0.46%
47Arizona0.45%
48Colorado0.45%
49Nevada0.44%
50Alabama0.36%
51Hawaii0.26%
Key Takeaways

At a Glance

  • New Jersey has the highest effective property tax rate at 2.08%.
  • Hawaii has the lowest at 0.26%.
  • Property tax is part of your real monthly payment — compare it alongside rate, points, and insurance.
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Latest published annual update:

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Citations

Primary sources behind this page

  1. Tax FoundationAccessed for source verification
Reviewed By
Arjun Lalwani headshot

Arjun Lalwani

CEO & Co-Founder

NMLS #2753950

Former Google product leader with expertise in marketplace systems. Recognized by the U.S. government for extraordinary ability in building and scaling marketplaces. Licensed mortgage professional bringing rigorous product execution to home financing.