Property Taxes By State: A Breakdown Of The States With The Highest And Lowest Property Taxes In 2023

Looking for a new home — or perhaps a second one — involves weighing multiple factors. One crucial aspect many prioritize is the community where the home is located. However, contributing to the local amenities such as schools and public works means paying property taxes. And if you want to avoid the exorbitant costs of sending your kids to private primary and secondary schools, then you need a town that has a good public school, which typically means the property taxes there may be higher than average.

Every state in the U.S. mandates most homeowners to pay these taxes, but the rates differ from state to state. If you’re diving into the real estate market, it’s essential to factor in the property taxes of your desired location, as they will impact your overall costs of owning a home. In order to help, we put together a full breakdown of the property tax rates, and property tax amount paid, in all 50 states plus the District of Columbia.