The 20 worst states to be a property owner

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People complain the most about income taxes, but property taxes aren’t much fun, either, and worth paying attention to when you’re thinking about relocating.

The list below ranks the states with the highest effective real-estate tax rates, with the worst five states having an average rate of 2.17%. The average amount of annual taxes on a $244,900 home (the median value of a house in the U.S.) in these states is $5,310.

Scroll through to see which states are in the bottom 20 and how they fared.

Source: WalletHub

Accounting Today_20 states with the highest real estate property tax_Massachusetts_19.jpg
Accounting Today_20 states with the highest real estate property tax_Alaska_18.jpg
Accounting Today_20 states with the highest real estate property tax_South Dakota_17.jpg
Accounting Today_20 states with the highest real estate property tax_Maine_16.jpg
Accounting Today_20 states with the highest real estate property tax_Kansas_15.jpg
Accounting Today_20 states with the highest real estate property tax_Michigan_14.jpg
Accounting Today_20 states with the highest real estate property tax_Rhode Island_13.jpg
Accounting Today_20 states with the highest real estate property tax_Pennsylvania_12.jpg
Accounting Today_20 states with the highest real estate property tax_Ohio_11.jpg
Accounting Today_20 states with the highest real estate property tax_Iowa_10.jpg
Accounting Today_20 states with the highest real estate property tax_Nebraska_9.jpg
Accounting Today_20 states with the highest real estate property tax_Wisconsin_8.jpg
Accounting Today_20 states with the highest real estate property tax_New York_7.jpg
Accounting Today_20 states with the highest real estate property tax_Texas_6.jpg
Accounting Today_20 states with the highest real estate property tax_Vermont_5.jpg
Accounting Today_20 states with the highest real estate property tax_New Hampshire_4.jpg
Accounting Today_20 states with the highest real estate property tax_Connecticut_3.jpg
Accounting Today_20 states with the highest real estate property tax_Illinois_2.jpg
Accounting Today_20 states with the highest real estate property tax_New Jersey_1.jpg

Source  : Accounting Today, November, 2023



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