Property taxes are a necessary evil for funding many programs, though they are a burden on many people.
Property taxes fund our libraries, public schools, Fire Departments, sewer services, and many other services. Property taxes vary greatly by state, city, and municipality, and that also affects the services that each place receives.
There are different ways to calculate how much the residents of various states pay in property taxes. This is a look at the actuarial dollar amount, which is the average people in the state pay per capita. Property tax burdens can be measured by looking at the percentage of personal income paid in property taxes each year.
Using data from the Census Bureau and the Bureau of Economic Analysis, USAFacts examined Americans’ property tax burdens — the proportion of their personal income paid in state and local property taxes.
New Jersey
The Garden State has the highest amount of property taxes paid per capita. New Jersey homeowners pay an average of $3,580. This can be a considerable amount per month for many residents.
New Hampshire
The beautiful scenery of New Hampshire commands a lot in property taxes. Residents here pay an average of $3,330 every year for their property taxes.
Connecticut
With scenery similar to New Hampshire, Connecticut has the same property tax paid per capita. The average is $3,330 in this tiny state.
New York
In New York, the average property owner pays about $3,230 per year. While real estate there tends to be high, it doesn’t have the highest property burden on residents or the highest per capita price tag.
Vermont
Vermont sees a relatively high amount of property tax per capita at about $2,940 per person. The state has a lot of rural properties so that this one might be surprising for its high cost.
Maine
With its sparse population and rural setting, Maine may not be what people think of as a high-priced area. However, residents here pay an average of $2,900 for property taxes.
Massachusetts
Massachusetts people pay an average of $2,690 in property taxes each year. This places the state firmly at number seven of all the states in the country.
Rhode Island
Rhode Island may be a tiny sliver of the country, but it certainly pays its share of property taxes. The per capita average here is $2,530 for residents of the smallest state.
Illinois
In Illinois, you can expect to pay a lot each year for your property taxes. The per capita average for these taxes is $2,290 for a state with one of the highest populations of all the states.
Alabama
When you want to pay the least possible in property taxes, it’s time to move to Alabama. Homeowners here pay an average of just $647. Buying in the Heart of Dixie just may be worth the price.
Arkansas
As the second-lowest state regarding per-capita property taxes, Arkansas’s people pay only $796 a year. The Natural State has an overall low cost of living, and property taxes are an important part of that.
Tennessee
Another low-priced state in the Southeast, the Volunteer State asks little of its homeowners. Per capita, they each pay an average of $856 each year.
Oklahoma
Living in the Sooner State is great when you pay so little in property taxes. The average price each year for these taxes is just $884 per capita.
New Mexico
The Land of Enchantment is largely rural, and its property taxes reflect its generally low home prices. The per capita amount paid each year is about $907.
Louisiana
Like many other Southern states, the rates of property taxes in Louisiana are low. Across the state, homeowners pay an average of about $914.
The 15 States Bursting at the Seams With People
Some states have a high population density and many population centers. Others are mostly rural and may have little population. The difference between the top and bottom states in terms of population is enormous.
According to World Population Review, these are the top 15 states for population.
The 15 States Bursting at the Seams With People
These 15 States Are the Safest States in the USA
Some states are safer than others, and this is a big influence on where people move. Places with a low level of public safety have a lot of crime, and this can prevent the public from wanting to move there and even visit.
There are various types of crime, with violent crime and property crime being highly important to the public safety rating of each state.
These 15 States Are the Safest States in the USA
The 11 Most Dishonest Cities in America
Picture this: you find a stack of cash. Do you pocket the unexpected windfall, or do you take the noble route and hand it in to the police?
In this scenario, a significant 47% of Americans admit they would keep the found money, assuming no one saw their stroke of luck. Interestingly, gender doesn’t play a big role, with both women (47.4%) and men (46.6%) expressing similar inclinations to be tempted by the cash.
The 11 Most Dishonest Cities in America
The 15 Countries That Have More Filthy Rich People Than Others
There are rich people around the world, but there are some areas that have more wealthy residents than others. When looking at how many millionaires there are in each country, it isn’t even remotely even.
There are major wealth centers in certain countries that represent far more wealth than exists in other areas. It’s amazing how many millionaires there are; this is where they’re located.
The 15 Countries That Have More Filthy Rich People Than Others
15 Countries That You Will Probably Regret Traveling To
There are some countries where the majority of visitors love their experience. However, there are other countries that people come back from and never recommend to anyone. These countries often have circumstances that make the trip miserable so that visitors can’t wait to leave and go home.
15 Countries That You Will Probably Regret Traveling To