Property Tax Rates by State 2026
Compare effective property tax rates across all 50 US states. See where your state ranks and how property taxes impact your total monthly mortgage payment.
Highest Property Tax States
Property Tax Rates — All 50 States
Effective property tax rates shown below. National average: 1.1%.
| State | Effective Tax Rate |
|---|---|
| Alabama | 0.42% |
| Alaska | 1.19% |
| Arizona | 0.62% |
| Arkansas | 0.62% |
| California | 0.76% |
| Colorado | 0.51% |
| Connecticut | 2.14% |
| Delaware | 0.56% |
| Florida | 0.89% |
| Georgia | 0.92% |
| Hawaii | 0.28% |
| Idaho | 0.69% |
| Illinois | 2.27% |
| Indiana | 0.85% |
| Iowa | 1.57% |
| Kansas | 1.41% |
| Kentucky | 0.86% |
| Louisiana | 0.55% |
| Maine | 1.36% |
| Maryland | 1.09% |
| Massachusetts | 1.23% |
| Michigan | 1.54% |
| Minnesota | 1.12% |
| Mississippi | 0.67% |
| Missouri | 0.97% |
| Montana | 0.83% |
| Nebraska | 1.73% |
| Nevada | 0.59% |
| New Hampshire | 2.18% |
| New Jersey | 2.49% |
| New Mexico | 0.8% |
| New York | 1.72% |
| North Carolina | 0.84% |
| North Dakota | 0.98% |
| Ohio | 1.56% |
| Oklahoma | 0.9% |
| Oregon | 0.97% |
| Pennsylvania | 1.58% |
| Rhode Island | 1.63% |
| South Carolina | 0.57% |
| South Dakota | 1.31% |
| Tennessee | 0.64% |
| Texas | 1.8% |
| Utah | 0.63% |
| Vermont | 1.9% |
| Virginia | 0.82% |
| Washington | 0.98% |
| West Virginia | 0.58% |
| Wisconsin | 1.76% |
| Wyoming | 0.61% |
How Property Tax Affects Your Mortgage Payment
Escrow Accounts
Most lenders require property taxes to be paid through an escrow account. Each month, 1/12 of your estimated annual tax bill is added to your mortgage payment. Your lender holds these funds and pays your tax bill when due.
Tax Impact Calculator
On a $350,000 home, a 1% property tax rate adds about $292/month to your payment. In high-tax states like New Jersey (2.49%), that same home costs an extra $726/month in property taxes alone.
Homestead Exemptions
Many states offer homestead exemptions that reduce the taxable value of your primary residence. These exemptions can lower your effective tax rate by 10-50%, depending on your state and local rules.
Tax Deductibility
State and local property taxes are deductible on your federal income taxes, subject to the $10,000 SALT deduction cap. This can offset some of the cost, especially in high-tax states.
Overpaying on Property Taxes?
Studies show that 30-60% of properties are over-assessed. Professional property tax appeal services can help you challenge your assessment and potentially save thousands per year.
Find a Property Tax Appeal Service* Affiliate link. We may earn a commission if you use this service.
How to Reduce Your Property Tax
1. Check Your Assessment
Review your property tax assessment for errors. Compare your home’s assessed value to similar homes in your neighborhood.
2. File for Exemptions
Apply for homestead, senior, veteran, or disability exemptions. Many homeowners miss out on these valuable tax breaks.
3. Appeal Your Assessment
If you believe your home is overvalued, file a formal appeal with your county assessor. Professional services can handle the process for you.