WalletHub Ranks Arizona 13th in the country for 2021 Property Taxes

Depending on where you live, property taxes can be a small inconvenience or a major burden. The average American household spends $2,471 on property taxes for their homes each year, according to the U.S. Census Bureau, and residents of the 27 states with vehicle property taxes shell out another $442. Considering these figures and the massive amount of debt in America, it should come as no surprise that more than $14 billion in property taxes go unpaid each year, according to the National Tax Lien Association.

Red states average ranked 22.60 while Blue states average ranked 29.27, the lower the ranking, the lower the taxes paid.

And though property taxes might appear to be a non-issue for the 36 percent of renter households, that couldn’t be further from the truth. We all pay property taxes, whether directly or indirectly, as they impact the rent we pay as well as the finances of state and local governments.

But which states have the largest property tax load, and what should residents keep in mind when it comes to meeting and minimizing their tax obligations? In search of answers, WalletHub analyzed the 50 states and the District of Columbia in terms of real-estate and asked a panel of property-tax experts for practical and political insight.

Rank
(1=Lowest)

State

Effective Real-Estate Tax Rate

Annual Taxes on $217.5K Home*

State Median Home Value

Annual Taxes on Home Priced at State Median Value

1

Hawaii

0.28%

$606

$615,300

$1,715

2

Alabama

0.41%

$895

$142,700

$587

3

Colorado

0.51%

$1,113

$343,300

$1,756

4

Louisiana

0.55%

$1,187

$163,100

$890

5

District of Columbia

0.56%

$1,221

$601,500

$3,378

6

South Carolina

0.57%

$1,238

$162,300

$924

6

Delaware

0.57%

$1,240

$251,100

$1,431

8

West Virginia

0.58%

$1,269

$119,600

$698

9

Nevada

0.60%

$1,310

$267,900

$1,614

10

Wyoming

0.61%

$1,319

$220,500

$1,337

11

Arkansas

0.62%

$1,358

$127,800

$798

12

Utah

0.63%

$1,362

$279,100

$1,748

13

Arizona

0.66%

$1,446

$225,500

$1,499

14

Idaho

0.69%

$1,492

$212,300

$1,456

15

Tennessee

0.71%

$1,548

$167,200

$1,190

16

California

0.76%

$1,644

$505,000

$3,818

17

New Mexico

0.80%

$1,740

$171,400

$1,371

18

Mississippi

0.81%

$1,751

$119,000

$958

19

Virginia

0.82%

$1,779

$273,100

$2,234

20

Montana

0.84%

$1,818

$230,600

$1,928

20

North Carolina

0.84%

$1,833

$172,500

$1,454

22

Indiana

0.85%

$1,853

$141,700

$1,207

23

Kentucky

0.86%

$1,866

$141,000

$1,210

24

Florida

0.89%

$1,934

$215,300

$1,914

25

Oklahoma

0.90%

$1,952

$136,800

$1,228

26

Georgia

0.92%

$2,006

$176,000

$1,623

27

Missouri

0.97%

$2,111

$157,200

$1,526

27

Oregon

0.97%

$2,116

$312,200

$3,037

29

North Dakota

0.98%

$2,138

$193,900

$1,906

29

Washington

0.98%

$2,134

$339,000

$3,326

31

Maryland

1.09%

$2,370

$314,800

$3,430

32

Minnesota

1.12%

$2,429

$223,900

$2,500

33

Alaska

1.19%

$2,599

$270,400

$3,231

34

Massachusetts

1.23%

$2,667

$381,600

$4,679

35

South Dakota

1.31%

$2,857

$167,100

$2,195

36

Maine

1.36%

$2,953

$190,400

$2,585

37

Kansas

1.41%

$3,060

$151,900

$2,137

38

Michigan

1.54%

$3,343

$154,900

$2,381

39

Ohio

1.56%

$3,390

$145,700

$2,271

40

Iowa

1.57%

$3,407

$147,800

$2,315

41

Pennsylvania

1.58%

$3,442

$180,200

$2,852

42

Rhode Island

1.63%

$3,548

$261,900

$4,272

43

New York

1.72%

$3,749

$313,700

$5,407

44

Nebraska

1.73%

$3,754

$155,800

$2,689

45

Texas

1.80%

$3,907

$172,500

$3,099

46

Wisconsin

1.85%

$4,027

$180,600

$3,344

47

Vermont

1.90%

$4,135

$227,700

$4,329

48

Connecticut

2.14%

$4,658

$275,400

$5,898

49

New Hampshire

2.18%

$4,738

$261,700

$5,701

50

Illinois

2.27%

$4,942

$194,500

$4,419

51

New Jersey

2.49%

$5,419

$335,600

$8,362
  • $217,500 is the median home value in the U.S. as of 2019, the year of the most recent available data