Special Report

States With the Highest and Lowest Property Taxes

Methodology

To determine the states with the highest and lowest property taxes, 24/7 Wall St. reviewed the effective property tax rate — the total amount of property taxes paid on owner-occupied housing units annually as a percentage of the total value of all owner-occupied homes — for all 50 states, from tax policy research organization the Tax Foundation’s report “Facts & Figures 2020: How Does Your State Compare?”

Data on effective property tax rates are for the 2018 calendar year, while data on state and local property tax collections per capita are for the 2017 fiscal year. All other tax data, including share of state and local revenue from different taxes levied on personal property, sales, and income are also from the Tax Foundation and are for the most recent available period.

Spending per pupil by state on public elementary-secondary school students are for fiscal 2017 and came from Census Bureau Annual Survey of School System Finances.

Data on median home value, median household income, and homeownership rates came from the U.S. Census Bureau’s 2018 American Community Survey.

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