Special Report

States With the Highest (and Lowest) Property Taxes

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40. New Mexico
> Effective property tax rate: 0.62%
> Median home value: $174,700 (17th lowest)
> Per capita property taxes: $768 (4th lowest)
> Median household income: $47,169 (4th lowest)

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39. Mississippi
> Effective property tax rate: 0.62%
> Median home value: $123,300 (2nd lowest)
> Per capita property taxes: $988 (14th lowest)
> Median household income: $44,717 (2nd lowest)

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38. Arkansas
> Effective property tax rate: 0.63%
> Median home value: $133,100 (3rd lowest)
> Per capita property taxes: $712 (3rd lowest)
> Median household income: $47,062 (3rd lowest)

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37. Arizona
> Effective property tax rate: 0.64%
> Median home value: $241,100 (19th highest)
> Per capita property taxes: $1,062 (17th lowest)
> Median household income: $59,246 (24th lowest)

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36. Tennessee
> Effective property tax rate: 0.68%
> Median home value: $177,500 (18th lowest)
> Per capita property taxes: $836 (6th lowest)
> Median household income: $52,375 (10th lowest)

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