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Each year, the average American household spends $2,869 on real-estate property taxes plus another $448 for residents of the 26 states with vehicle property taxes.
In order to determine who pays the most relative to their state, the personal-finance website WalletHub today released its Property Taxes by State in 2024 report, as well as expert commentary. The report compares home and vehicle taxes across the nation.
| States with Highest Real-Estate Taxes | States with Highest Vehicle Property Taxes |
| 42. Iowa | T-42. New Hampshire |
| 43. Nebraska | T-42. Wyoming |
| 44. Wisconsin | 44. Kansas |
| 45. Texas | 45. Connecticut |
| 46. New York | 46. Massachusetts |
| 47. Vermont | 47. Maine |
| 48. New Hampshire | 48. Missouri |
| 49. Connecticut | 49. South Carolina |
| 50. Illinois | 50. Mississippi |
| 51. New Jersey | 51. Virginia |
Key Stats:
- Hawaii has the lowest real-estate tax, which is 8.7 times lower than in New Jersey, the state with the highest.
- Twenty-six states levy some form of vehicle property tax. Of those states, Louisiana has the lowest, which is 40.4 times lower than in Virginia, the state with the highest.
- Blue States have 29.17 percent higher real-estate property taxes, averaging $3,208, than Red States, averaging $2,483.
To view the full report and your state's rank, please visit:
https://wallethub.com/edu/states-with-the-highest-and-lowest-property-taxes/11585
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