The average American household pays $2,197 in property taxes each year for their homes—but residents of some states are hit much harder than others. Red states, for example, have lower property taxes for real estate than blue states. WalletHub analyzed multiple factors to rank the 50 states plus the District of Columbia on their property tax burdens. The 10 states with the highest real estate property taxes:
- New Jersey: With a 2.4% effective real estate tax rate, the annual taxes on a home priced at the state's median value amount to $7,601.
- Illinois: With a 2.32% effective real estate tax rate, the annual taxes on a home priced at the state's median value amount to $4,058.
- New Hampshire: With a 2.19% effective real estate tax rate, the annual taxes on a home priced at the state's median value amount to $5,241.
- Connecticut: With a 2.02% effective real estate tax rate, the annual taxes on a home priced at the state's median value amount to $5,443.
- Wisconsin: With a 1.95% effective real estate tax rate, the annual taxes on a home priced at the state's median value amount to $3,257.
- Texas: With a 1.86% effective real estate tax rate, the annual taxes on a home priced at the state's median value amount to $2,654.
- Nebraska: With a 1.83% effective real estate tax rate, the annual taxes on a home priced at the state's median value amount to $2,506.
- Vermont: With a 1.78% effective real estate tax rate, the annual taxes on a home priced at the state's median value amount to $3,893.
- Michigan: With a 1.71% effective real estate tax rate, the annual taxes on a home priced at the state's median value amount to $2,185.
- Rhode Island and New York (tie): With a 1.65% effective real estate tax rate, the annual taxes on a home priced at Rhode Island's median value amount to $3,929. In New York, $4,738.
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