Compare property tax rates across all 50 US states. Enter your home value to see the annual tax estimate in any state. Find the lowest property tax states.
How to Use This Property Tax Comparison Calculator
Enter your home value to see the estimated annual property tax in every state. Rates shown are the average effective rate (actual taxes paid divided by market value), which accounts for exemptions and assessment practices.
Note: Actual tax bills vary by county and municipality within each state. These are statewide averages β your specific bill may be higher or lower depending on local rates and exemptions you qualify for.
The Formula
Estimated annual tax = home value Γ effective tax rate
Effective rate = actual median property taxes paid Γ· median home value
Monthly equivalent = annual tax Γ· 12
Example
$400,000 home β comparing states:
Hawaii (0.29%): $1,160/year ($97/month)
National average (1.07%): $4,280/year ($357/month)
New Jersey (2.23%): $8,920/year ($743/month)
Difference (HI vs NJ): $7,760/year
Frequently Asked Questions
Which states have the lowest property taxes?
Hawaii has the lowest effective property tax rate at about 0.29% of home value. Other low-rate states include Alabama (0.41%), Nevada (0.44%), Colorado (0.51%), and Louisiana (0.55%). However, low rates don't always mean low dollar amounts β Hawaii's high home prices still result in significant absolute tax bills.
Which states have the highest property taxes?
New Jersey has the highest property tax rate at about 2.23% of home value, followed by Illinois (2.08%), Connecticut (1.92%), New Hampshire (1.89%), and Vermont (1.83%). These high-tax states often have higher quality public services funded by property taxes, including schools and infrastructure.
How is property tax calculated?
Property tax = assessed value Γ mill rate. The assessed value is determined by the local assessor and may be a percentage of market value (50-100% depending on jurisdiction). The mill rate (or millage) is the tax per $1,000 of assessed value. For example, a $400,000 home assessed at 100% with a 20 mill rate = $400,000 Γ 0.020 = $8,000 annual tax.
How can I appeal my property tax assessment?
You can appeal if your assessment seems too high compared to similar properties. Steps: (1) Get your assessment notice. (2) Check comparable sales in your area. (3) File a formal appeal with your local assessment office within the deadline. (4) Present evidence (recent appraisal, comparable sales). Success rates vary but are typically 30-60% for residential appeals. Hiring a property tax consultant on contingency can help.
What is a homestead exemption?
A homestead exemption reduces the taxable value of your primary residence, lowering your property tax bill. Most states offer them β amounts range from $1,000 (Alabama) to $50,000 (Florida). Some states exempt seniors, veterans, or disabled persons from property taxes entirely. Always apply for all exemptions you qualify for; they require an application and must be your primary residence.