Special Report
This is the State With the Highest Property Taxes
April 15, 2023 12:35 pm
Last Updated: May 3, 2023 10:03 am
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50. Hawaii
> Effective property tax rate: 0.32%
> Property tax collections per capita: $1,556 (23rd lowest)
> Median home value: $722,500 (the highest)
> Median household income: $84,857 (6th highest)
> Property tax as a share of state and local tax revenue: 20.8% (7th lowest)
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49. Alabama
> Effective property tax rate: 0.40%
> Property tax collections per capita: $632 (2nd lowest)
> Median home value: $172,800 (5th lowest)
> Median household income: $53,913 (5th lowest)
> Property tax as a share of state and local tax revenue: 16.8% (the lowest)
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48. Colorado
> Effective property tax rate: 0.55%
> Property tax collections per capita: $1,956 (14th highest)
> Median home value: $466,200 (5th highest)
> Median household income: $82,254 (9th highest)
> Property tax as a share of state and local tax revenue: 34.5% (17th highest)
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47. Wyoming
> Effective property tax rate: 0.56%
> Property tax collections per capita: $2,163 (12th highest)
> Median home value: $266,400 (24th highest)
> Median household income: $65,204 (20th lowest)
> Property tax as a share of state and local tax revenue: 40.4% (8th highest)
Source: DenisTangneyJr / iStock via Getty Images
46. Louisiana
> Effective property tax rate: 0.56%
> Property tax collections per capita: $914 (7th lowest)
> Median home value: $192,800 (11th lowest)
> Median household income: $52,087 (3rd lowest)
> Property tax as a share of state and local tax revenue: 20.7% (6th lowest)
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