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States with highest and lowest property tax burden

By Daniella Genovese
Published  July 13, 2025 7:37am MST
Money
FOX Business
article

Photo of home for sale in Huntington, New York on August 5, 2020. (Photo by Thomas A. Ferrara/Newsday RM via Getty Images)

Property taxes are one of the most significant ongoing expenses homeowners face. The taxes are meant to fund local government services such as infrastructure, schools, and other essential systems.

The specific fee is calculated based on a home’s value and its location, though the amount can vary annually based on local tax laws and the home’s value. Typically, if someone's home is more valuable, they will owe more in property taxes. Home values are also re-evaluated as often as every year, which means property tax bills can change. 

The issue facing many homeowners is that property taxes are growing due to increased home values and changes to local tax rates, Realtor.com senior economist Joel Berner said in an April report.

SEVERAL STATES SEEK END TO PROPERTY TAXES: SHOULDN'T HAVE TO 'RENT FROM THE GOVERNMENT

The median property in the U.S. saw its property tax bill grow by 2.8% from 2023 to 2024 as over 73% of properties had tax increases during that time. In 2024, the median tax bill in the U.S. was $3,500, which was largely driven by home price appreciation. 

However, Berner said many homeowners may not realize they can protest their home's value assessment. In fact, over 40% of properties nationwide could save at least $100 by protesting the assessed value, with a median savings of over $500, according to Berner. 

HOW ELIMINATING PROPERTY TAXES IN FLORIDA COULD AFFECT THE STATE'S REAL ESTATE MARKET

Such taxes have become a flashpoint among politicians, with some even calling for their complete elimination. One Pennsylvania lawmaker argued that homeowners shouldn’t have to "pay rent" to the government. Recently, Gov. Ron DeSantis doubled down on his goal of eliminating property taxes in Florida, a move that would make it the lone state in the country with no state income or property tax.

Residents in New Hampshire, New Jersey, Connecticut, Washington and New York face the highest median property tax amount, according to the most recent data from Realtor.com

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Conversely, Indiana, Alabama, West Virginia and Arkansas residents have the lowest median property tax amount. 

Here are the states in order from highest to lowest median property tax amount, according to Realtor.com: 

  1. New Jersey – $9,413
  2. New Hampshire __  $7,715
  3. Connecticut – $6,944
  4. Washington – $6,338
  5. New York – $6,096
  6. Texas – $5,860
  7. California – $5,248
  8. Massachusetts-- $5,142
  9. Rhode Island-- $5,111
  10. District of Columbia – $5,087
  11. Maryland – $4,874
  12. Maine – $4,335
  13. Oregon – $4,265
  14. Alaska – $4,113
  15. Minnesota – $3,712
  16. Florida – $3,659
  17. Wisconsin – $3,612
  18. Colorado – $3,398
  19. Kansas – $3,379
  20. Pennsylvania – $3,137
  21. Montana – $3,072
  22. Hawaii – $2,931
  23. Ohio – $2,823
  24. Iowa – $2,816
  25. Utah – $2,768
  26. Virginia – $2,755
  27. Georgia – $2,683
  28. South Dakota – $2,632
  29. Missouri – $2,534
  30. North Dakota – $2,525
  31. Nebraska – $2,382
  32. Nevada – $2,316
  33. Vermont – $2,206
  34. Wyoming – $2,024
  35. Illinois – $1,974.5
  36. Idaho – $1,974
  37. North Carolina – $1,971
  38. Arizona – $1,956
  39. New Mexico --$1,734
  40. Delaware – $1,702
  41. Michigan – $1,670
  42. Kentucky – $1,551
  43. Oklahoma – $1,481
  44. Louisiana – $1,415
  45. Tennessee – $1,333
  46. South Carolina – $1,328
  47. Mississippi – $1,034
  48. Indiana – $99
  49. Alabama – $804
  50. West Virginia – $728
  51. Arkansas – $725

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