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Property Tax Rates by State (2025)

Property tax is often the largest tax homeowners pay. Effective rates range from 0.27% in Hawaii to 2.23% in New Jersey. On a $350,000 home, that is the difference between $945/year and $7,805/year — a $6,860 annual gap.

RankStateEffective Rate
1New Jersey2.23%
2Illinois2.08%
3Connecticut1.96%
4New Hampshire1.86%
5Vermont1.83%
6Texas1.68%
7New York1.62%
8Nebraska1.61%
9Wisconsin1.61%
10Ohio1.53%
11Iowa1.52%
12Pennsylvania1.49%
13Rhode Island1.40%
14Michigan1.38%
15Kansas1.33%
16Maine1.24%
17Massachusetts1.15%
18Minnesota1.08%
19South Dakota1.08%
20Maryland1.05%
21Alaska1.04%
22North Dakota0.98%
23Missouri0.93%
24Georgia0.90%
25Oklahoma0.87%
26Oregon0.87%
27Florida0.86%
28Washington0.84%
29Indiana0.83%
30Kentucky0.83%
31Virginia0.82%
32North Carolina0.80%
33Montana0.74%
34California0.71%
35New Mexico0.67%
36Mississippi0.65%
37Tennessee0.64%
38Idaho0.63%
39Arizona0.62%
40Arkansas0.62%
41Utah0.58%
42Delaware0.57%
43West Virginia0.57%
44South Carolina0.56%
45Wyoming0.56%
46Louisiana0.55%
47Nevada0.53%
48Colorado0.49%
49Alabama0.39%
50Hawaii0.27%

Methodology

Effective property tax rates from U.S. Census Bureau American Community Survey. Rates reflect median property tax paid as a percentage of median home value.

Frequently Asked Questions

Frequently Asked Questions

Effective property tax rate is the median property tax paid in a state divided by the median home value. It reflects what homeowners actually pay, not just the statutory rate.

States fund local services differently. States that rely heavily on property tax for schools and infrastructure (like New Jersey and Illinois) have higher rates, while states using other revenue sources keep property taxes lower.

Yes. Property tax rates vary significantly by county and municipality within a state. The rates shown here are statewide averages — your actual rate depends on your specific location.

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