The 10 states with the highest property taxes
Annual homeowner tax bills across the U.S. range from an average of $684 in Alabama to $8,485 in New Jersey, according to an analysis from the National Association of Home Builders (NAHB). As mentioned previously, property taxes are based on a percentage of a home’s value, multiplied by the local tax rate, which can explain the wide variation in tax bills.
Take a look at the 10 worst states for property taxes. We’ve highlighted the NAHB’s data on the average amount of taxes paid each year in these states, as well as the average effective property tax rate, which can be expressed either as a percentage of a home’s value or a dollar amount charged for every $1,000 of a home’s value.
We’ve also included the median home values in each state, according to data from the U.S. Census Bureau.