2017’s Property Taxes By State―WalletHub Study

WALLETHUB News:
 
Each year, the average American household spends $2,149 on real-estate property taxes plus another $402 for residents of the 27 states with vehicle property taxes.
 
With such high costs, it’s no surprise that about $11.8 billion in property taxes go unpaid each year, according to the National Tax Lien Association. 

In order to determine who pays the most relative to their state, the personal-finance website WalletHub today released its 2017 Property Taxes by State report, which compares home and vehicle taxes across the nation and features insights from a panel of experts.
 

 
States with Highest Real-Estate Taxes
 
States with Highest Vehicle Property Taxes
 
41
New York
 
T-41
Kansas
 
42
Rhode Island
 
T-41
New Hampshire
 
43
Vermont
 
T-41
Wyoming
 
44
Michigan
 
44
Missouri
 
45
Nebraska
 
45
Massachusetts
 
46
Texas
 
46
South Carolina
 
47
Wisconsin
 
47
Maine
 
48
Connecticut
 
48
Connecticut
 
49
New Hampshire
 
49
Mississippi
 
50
Illinois
 
50
Virginia
 
51
New Jersey
 
51
Rhode Island
Key Stats:
 
Hawaii has the lowest real-estate tax, $487, which is 8.6 times lower than in New Jersey, the state with the highest at $4,189. 
 
Twenty-seven states levy some form of vehicle property tax. Of those states, Louisiana has the lowest, $23.05, which is 47.7 times lower than in Rhode Island, the state with the highest at $1,099.53. 
 
Blue States have 17 percent higher real-estate property taxes, averaging $2,200, than Red States, averaging $1,876.
 
To view the full report and your state or the District’s rank, please visit: 
https://wallethub.com/edu/states-with-the-highest-and-lowest-property-taxes/11585/ 
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