0
🖼️ Resim
Homeowners in these 20 states have the lowest property tax rates in the US. See how the states rank.
Homeowners in the US pay annual real estate taxes on their properties, varying by state.JazK2/ShutterstockProperty taxes are among the many factors to consider when buying a home in the US.New Jersey has the highest property tax rate, which is nearly eight times the country's lowest.Hawaii has the lowest real estate taxes in the country, despite having the highest-valued homes.Owning a home is increasingly feeling more out of reach for many Americans.One of the many factors that add to the pressures and challenges of homeownership is the ongoing cost of property taxes, which persists even after a property is paid off.For some, property taxes are little more than an afterthought, while for others, they can be a significant financial setback on top of mortgage or insurance payments.A recent WalletHub study looked at the tax burden of owning real estate across the US and ranked all 50 states by the effective tax rate paid by homeowners in the state. The study used data from the US Census Bureau."Property taxes represent a recurring cost that can significantly affect financial planning, savings capacity, and long-term affordability," Mitchell Franklin, an accounting professor at Le Moyne College in New York, said in the study. "Even if a home's purchase price appears manageable, high property taxes can dramatically increase the overall cost of ownership and strain household budgets."Across the country, states like New Jersey and Illinois top the charts with the highest tax rates of 2.11% and 2.01% respectively.In New Jersey, the owners of a home priced at the state's median home value, which in the state is $454,400, pay an annual $9,590.Meanwhile, in states like Alabama, which has the second-lowest real estate tax rate in the country, the owners of a home at the state's median home value, which in this case is $209,900, pay about $788 each year.These 20 US states have the lowest real estate tax rates. See how they rank.20. VirginiaJohn McAdorey/ShutterstockEffective real estate tax rate: 0.yüzde 73State median home value: $383,700Annual taxes on a home with a state median value: $2,79018. (tie) MontanaScott Harvey Aerials/ShutterstockEffective real estate tax rate: 0.72%State median home value: $375,800Annual taxes on a home with a state median value: $2,69318. (tie) MississippiTrong Nguyen/ShutterstockEffective real estate tax rate: 0.72%State median home value: $169,800Annual taxes on a home with a state median value: $bir,21516. (tie) New Mexicotrekandshoot/ShutterstockEffective real estate tax rate: 0.yüzde 70State median home value: $248,100Annual taxes on a home with a state median value: $bir,73116. (tie) CaliforniaJacob Boomsma/ShutterstockEffective real estate tax rate: 0.70%State median home value: $734,700Annual taxes on a home with a state median value: $5,12415. North Carolinazimmytws/ShutterstockEffective real estate tax rate: 0.yüzde 66State median home value: $288,900Annual taxes on a home with a state median value: $bir,89614. WyomingJacob Boomsma/ShutterstockEffective real estate tax rate: 0.yüzde 57State median home value: $309,700Annual taxes on a home with a state median value: $bir,76712. (tie) LouisianaMarcus E Jones/ShutterstockEffective real estate tax rate: 0.55%State median home value: $216,500Annual taxes on a home with a state median value: $bir,18012. (tie) ArkansasJonathan C Wear/ShutterstockEffective real estate tax rate: 0.55%State median home value: $188,000Annual taxes on a home with a state median value: $bir,04011. West VirginiaKyle J Little/ShutterstockEffective real estate tax rate: 0.yüzde 53State median home value: $162,600Annual taxes on a home with a state median value: $86510. UtahNicholas J Klein/ShutterstockEffective real estate tax rate: 0.52%State median home value: $489,400Annual taxes on a home with a state median value: $2,5258. (tie) DelawareFelix Mizioznikov/ShutterstockEffective real estate tax rate: 0.50%State median home value: $352,000Annual taxes on a home with a state median value: $bir,7688. (tie) TennesseeSkywalk Orr/ShutterstockEffective real estate tax rate: 0.yüzde 50State median home value: $286,700Annual taxes on a home with a state median value: $bir,4427. IdahoCharles Knowles/ShutterstockEffective real estate tax rate: 0.yüzde 49State median home value: $418,600Annual taxes on a home with a state median value: $2,0384. (tie) ArizonaAllison H. Smith/ShutterstockEffective real estate tax rate: 0.48%State median home value: $394,500Annual taxes on a home with a state median value: $bir,8794. (tie) ColoradoTrong Nguyen/ShutterstockEffective real estate tax rate: 0.48%State median home value: $539,400Annual taxes on a home with a state median value: $2,6024. (tie) South CarolinaFrame Craft 8/ShutterstockEffective real estate tax rate: 0.48%State median home value: $259,000Annual taxes on a home with a state median value: $bir,2513. NevadaNicholas J Klein/ShutterstockEffective real estate tax rate: 0.yüzde 47State median home value: $435,400Annual taxes on a home with a state median value: $2,0272. AlabamaFelix Mizioznikov/ShutterstockEffective real estate tax rate: 0.yüzde 38State median home value: $209,900Annual taxes on a home with a state median value: $7881. HawaiiJoshua Lehew/ShutterstockEffective real estate tax rate: 0.27%State median home value: $839,100Annual taxes on a home with a state median value: $2,239Read the original article on Business Insider
