Where Does Your State Land in Property Tax Rankings?

Who Pays the Highest Property Taxes?

The average median property tax rate across the nation is 1.31 percent. That means a home owner with a home valued at $200,000, on average, pays an annual amount of $2,620 in property taxes, according to an analysis by CoreLogic’s data team.

CoreLogic calculated the median overall property tax rates nationally by state. Researchers took into account all taxing and collection entities. Take a look at the chart below to see how your state ranks.

Read more by visiting “The Property Tax Factor“.

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Source: “Comparing the Real Cost of Owning Property Across the United States,” CoreLogic’s Insights Blog (April 27, 2016)

*This article was also a featured story in the National Association of REALTORS weekly report.

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This entry was posted in Home Buying Process, Home Selling Process, State. Bookmark the permalink.

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