The Worst States for Property Taxes – and the Best
Money + Markets

The Worst States for Property Taxes – and the Best


Pity the poor residents of New Jersey: Not only do they have to deal with the unbridled disdain of their neighbors in New York and Pennsylvania and that strange odor along the New Jersey Turnpike, but they also have to pay the highest property taxes in the country.

A new analysis from ATTOM Data Solutions found that Garden State residents shelled out an average $8,477 in property taxes last year, an effective tax rate of 2.31 percent and more than twice the national average. (The effective tax rate is the average annual property tax expressed as a percentage of the average home’s market value.)

Related: The Best and Worst States for Property Taxes in 2017

Americans collectively paid $277.7 billion in property taxes on single-family homes last year. The average property tax across the country was $3,296 per home, according to the analysis, for an effective tax rate of 1.15 percent.

While New Jersey had the highest tax rate as a state, New York’s Westchester County took the title on the county-level, with an average property tax of $16,493. Across the New York City metro area, residents paid an effective property tax rate of 3.1 percent, the highest in the nation.

Of the nine counties where average annual property taxes were higher than $10,000, eight are in the New York City area. The ninth is Marin County, California, in the San Francisco Bay area.

Illinois had the second-highest effective tax rate in the country (2.13 percent), followed by Texas (2.06 percent) and New Hampshire (2.03 percent).

Related: An Obscure Reason Your Property Taxes Are So High

Hawaiians enjoyed the lowest effective rate in the country, paying just 0.32 percent in property taxes.