If you own a home, where you live plays a major role in how much you pay in property taxes.
Recently, finance website WalletHub analyzed real estate taxes in every state and the District of Columbia. To get the effective real-estate tax rate in each state, the site divided the median real-estate tax payment there by the median home price.
Following are the states that have the lowest effective real-estate property tax rates, according to WalletHub.
We also include other tax information from the Tax Foundation so you get a better picture of how much a resident might owe in each state.
West Virginia
State’s effective real-estate tax rate: 0.55%
The annual property tax bill for a median-priced home in West Virginia is $809.
Income taxes range from 3% to 6.5%, and the state’s sales tax rate is 6%.
Utah
State’s effective real-estate tax rate: 0.55%
The typical property tax payment on a median-priced home in Utah is $2,241.
Taxes on income are a flat 4.85%, and the state sales tax rate is 6.1%.
Delaware
State’s effective real-estate tax rate: 0.55%
The typical property tax payment on a median-valued home in Delaware is $1,674.
Income tax ranges from 2.2% to 6.6%. There are no sales taxes in Delaware.
Louisiana
State’s effective real-estate tax rate: 0.55%
The typical property tax payment on a median-priced home in Louisiana is $1,087.
Income tax ranges from 1.85% to 4.25%, and the state sales tax rate is 4.45%.
South Carolina
State’s effective real-estate tax rate: 0.53%
A typical South Carolina homeowner pays $1,138 in property taxes each year on a median-priced home.
Income tax rates range from zero to 6.5%, and the state sales tax rate is 6%.
Nevada
State’s effective real-estate tax rate: 0.50%
In Nevada, the typical household spends $1,884 on property taxes if they have a median-priced home.
There is no income tax in Nevada. The state sales tax rate is 6.85%.
Colorado
State’s effective real-estate tax rate: 0.49%
The median spending on real-estate property taxes in Colorado is $2,278.
The income tax is a flat 4.4%, and the state sales tax rate is 2.9%.
Alabama
State’s effective real-estate tax rate: 0.39%
A typical Alabama homeowner with a median-priced house pays $701 in property taxes each year — the lowest in the nation.
Income tax ranges from 2% to 5%, and the state sales tax rate is 4%.
Hawaii
State’s effective real-estate tax rate: 0.27%
In Hawaii, the typical household spends $2,054 on property taxes for a median-valued home.
Income tax rates range from 1.4% to 11%, and the state sales tax rate is 4%.
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