Property Taxes by States

The property tax, also known as the millage rate, is one of the primary sources of revenue generated by state authorities. It is measured based on the real market value (assessed value) of the property and varies from state to state. The money from property taxes generally goes towards community projects, such as infrastructure development, public school improvements, or other essential services. 

The assessment of property tax is known as the mill, and it is calculated through the multiplication of the state tax rate, the value of the property, and the assessment ratio (a portion of value subject to tax). This is often influenced by external as well as internal market factors, like the availability of land, the location of the land, and the state it was assessed in. 

Generally, legislation on property tax falls upon the shoulders of state governments, but the federal government does occasionally issue legislation regarding issues such as the Residential Solar Opportunity Act of 2021, where property tax credit is provided to energy-efficient households. Other legislation like the SALT Act, introduced to the Senate, aims to reduce the limitations on tax deductibles for property and income taxes for the year 2021. 

If you want to learn more about property taxes as well as which states have the best rates, you can refer to the data in the charts.

Property Tax Rate by State

Alabama

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PROPERTY TAX RATEhelp

0.37%

#1 in the US

INCOME TAX PER STATEhelp

2%

#17 in the US

CORPORATE TAX RATEhelp

6.5%

#18 in the US

STATE-LOCAL TAX BURDENhelp

9.8%

#11 in the US

Alaska

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PROPERTY TAX RATEhelp

0.98%

#2 in the US

CORPORATE TAX RATEhelp

9.4%

#40 in the US

STATE-LOCAL TAX BURDENhelp

4.6%

#2 in the US

Arizona

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PROPERTY TAX RATEhelp

0.6%

#3 in the US

INCOME TAX PER STATEhelp

2.59%

#18 in the US

CORPORATE TAX RATEhelp

4.9%

#2 in the US

STATE-LOCAL TAX BURDENhelp

9.5%

#12 in the US

Arkansas

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PROPERTY TAX RATEhelp

0.61%

#4 in the US

INCOME TAX PER STATEhelp

2%

#19 in the US

CORPORATE TAX RATEhelp

5.9%

#11 in the US

STATE-LOCAL TAX BURDENhelp

10.2%

#25 in the US

California

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PROPERTY TAX RATEhelp

0.7%

#5 in the US

INCOME TAX PER STATEhelp

1%

#7 in the US

CORPORATE TAX RATEhelp

8.84%

#33 in the US

STATE-LOCAL TAX BURDENhelp

13.5%

#47 in the US

Colorado

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PROPERTY TAX RATEhelp

0.52%

#6 in the US

INCOME TAX PER STATEhelp

4.55%

#31 in the US

CORPORATE TAX RATEhelp

4.55%

#3 in the US

STATE-LOCAL TAX BURDENhelp

9.7%

#13 in the US

Connecticut

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PROPERTY TAX RATEhelp

1.73%

#32 in the US

INCOME TAX PER STATEhelp

3%

#23 in the US

CORPORATE TAX RATEhelp

7.5%

#26 in the US

STATE-LOCAL TAX BURDENhelp

15.4%

#51 in the US

Delaware

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PROPERTY TAX RATEhelp

0.59%

#7 in the US

INCOME TAX PER STATEhelp

0%

#1 in the US

CORPORATE TAX RATEhelp

8.7%

#34 in the US

STATE-LOCAL TAX BURDENhelp

12.4%

#40 in the US

Florida

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PROPERTY TAX RATEhelp

0.86%

#8 in the US

CORPORATE TAX RATEhelp

5.5%

#12 in the US

STATE-LOCAL TAX BURDENhelp

9.1%

#14 in the US

Georgia

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PROPERTY TAX RATEhelp

0.87%

#9 in the US

INCOME TAX PER STATEhelp

1%

#8 in the US

CORPORATE TAX RATEhelp

5.75%

#13 in the US

STATE-LOCAL TAX BURDENhelp

8.9%

#5 in the US

Hawaii

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PROPERTY TAX RATEhelp

0.31%

#10 in the US

INCOME TAX PER STATEhelp

1.4%

#9 in the US

CORPORATE TAX RATEhelp

4.4%

#4 in the US

STATE-LOCAL TAX BURDENhelp

14.1%

#50 in the US

Idaho

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PROPERTY TAX RATEhelp

0.65%

#11 in the US

INCOME TAX PER STATEhelp

1.13%

#10 in the US

CORPORATE TAX RATEhelp

6.5%

#19 in the US

STATE-LOCAL TAX BURDENhelp

10.7%

#26 in the US

Illinois

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PROPERTY TAX RATEhelp

1.97%

#33 in the US

INCOME TAX PER STATEhelp

4.95%

#33 in the US

CORPORATE TAX RATEhelp

9.5%

#41 in the US

STATE-LOCAL TAX BURDENhelp

12.9%

#42 in the US

Indiana

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PROPERTY TAX RATEhelp

0.81%

#12 in the US

INCOME TAX PER STATEhelp

3.23%

#24 in the US

CORPORATE TAX RATEhelp

4.9%

#5 in the US

STATE-LOCAL TAX BURDENhelp

9.3%

#15 in the US

Iowa

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PROPERTY TAX RATEhelp

1.43%

#34 in the US

INCOME TAX PER STATEhelp

0.33%

#2 in the US

CORPORATE TAX RATEhelp

9.8%

#42 in the US

STATE-LOCAL TAX BURDENhelp

11.2%

#34 in the US

Kansas

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PROPERTY TAX RATEhelp

1.28%

#35 in the US

INCOME TAX PER STATEhelp

3.1%

#25 in the US

CORPORATE TAX RATEhelp

4%

#6 in the US

STATE-LOCAL TAX BURDENhelp

11.2%

#35 in the US

Kentucky

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PROPERTY TAX RATEhelp

0.78%

#13 in the US

INCOME TAX PER STATEhelp

5%

#39 in the US

CORPORATE TAX RATEhelp

5%

#14 in the US

STATE-LOCAL TAX BURDENhelp

9.6%

#16 in the US

Louisiana

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PROPERTY TAX RATEhelp

0.51%

#14 in the US

INCOME TAX PER STATEhelp

1.85%

#11 in the US

CORPORATE TAX RATEhelp

7.5%

#27 in the US

STATE-LOCAL TAX BURDENhelp

9.1%

#17 in the US

Maine

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PROPERTY TAX RATEhelp

1.2%

#36 in the US

INCOME TAX PER STATEhelp

5.8%

#40 in the US

CORPORATE TAX RATEhelp

8.93%

#36 in the US

STATE-LOCAL TAX BURDENhelp

12.4%

#43 in the US

Maryland

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PROPERTY TAX RATEhelp

1.01%

#37 in the US

INCOME TAX PER STATEhelp

2%

#20 in the US

CORPORATE TAX RATEhelp

8.25%

#37 in the US

STATE-LOCAL TAX BURDENhelp

11.3%

#36 in the US

Massachusetts

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PROPERTY TAX RATEhelp

1.08%

#38 in the US

INCOME TAX PER STATEhelp

5%

#41 in the US

CORPORATE TAX RATEhelp

8%

#38 in the US

STATE-LOCAL TAX BURDENhelp

11.5%

#37 in the US

Michigan

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PROPERTY TAX RATEhelp

1.53%

#39 in the US

INCOME TAX PER STATEhelp

4.25%

#34 in the US

CORPORATE TAX RATEhelp

6%

#20 in the US

STATE-LOCAL TAX BURDENhelp

8.6%

#6 in the US

Minnesota

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PROPERTY TAX RATEhelp

1.05%

#40 in the US

INCOME TAX PER STATEhelp

5.35%

#42 in the US

CORPORATE TAX RATEhelp

9.8%

#43 in the US

STATE-LOCAL TAX BURDENhelp

12.1%

#44 in the US

Mississippi

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PROPERTY TAX RATEhelp

0.63%

#15 in the US

INCOME TAX PER STATEhelp

0%

#3 in the US

CORPORATE TAX RATEhelp

5%

#15 in the US

STATE-LOCAL TAX BURDENhelp

9.8%

#18 in the US

Missouri

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PROPERTY TAX RATEhelp

0.96%

#16 in the US

INCOME TAX PER STATEhelp

1.5%

#12 in the US

CORPORATE TAX RATEhelp

4%

#7 in the US

STATE-LOCAL TAX BURDENhelp

9.3%

#19 in the US

Montana

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PROPERTY TAX RATEhelp

0.74%

#17 in the US

INCOME TAX PER STATEhelp

1%

#13 in the US

CORPORATE TAX RATEhelp

6.75%

#21 in the US

STATE-LOCAL TAX BURDENhelp

10.5%

#27 in the US

Nebraska

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PROPERTY TAX RATEhelp

1.54%

#41 in the US

INCOME TAX PER STATEhelp

2.46%

#21 in the US

CORPORATE TAX RATEhelp

7.5%

#28 in the US

STATE-LOCAL TAX BURDENhelp

11.5%

#38 in the US

Nevada

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PROPERTY TAX RATEhelp

0.56%

#18 in the US

STATE-LOCAL TAX BURDENhelp

9.6%

#20 in the US

New Hampshire

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PROPERTY TAX RATEhelp

1.89%

#42 in the US

CORPORATE TAX RATEhelp

7.6%

#29 in the US

STATE-LOCAL TAX BURDENhelp

9.6%

#21 in the US

New Jersey

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PROPERTY TAX RATEhelp

2.13%

#51 in the US

INCOME TAX PER STATEhelp

1.4%

#14 in the US

CORPORATE TAX RATEhelp

9%

#44 in the US

STATE-LOCAL TAX BURDENhelp

13.2%

#48 in the US

New Mexico

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PROPERTY TAX RATEhelp

0.59%

#19 in the US

INCOME TAX PER STATEhelp

1.7%

#15 in the US

CORPORATE TAX RATEhelp

5.9%

#16 in the US

STATE-LOCAL TAX BURDENhelp

10.2%

#28 in the US

New York

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PROPERTY TAX RATEhelp

1.3%

#43 in the US

INCOME TAX PER STATEhelp

4%

#35 in the US

CORPORATE TAX RATEhelp

6.5%

#22 in the US

STATE-LOCAL TAX BURDENhelp

15.9%

#52 in the US

North Carolina

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PROPERTY TAX RATEhelp

0.78%

#20 in the US

INCOME TAX PER STATEhelp

4.99%

#36 in the US

CORPORATE TAX RATEhelp

2.5%

#1 in the US

STATE-LOCAL TAX BURDENhelp

9.9%

#22 in the US

North Dakota

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PROPERTY TAX RATEhelp

0.88%

#21 in the US

INCOME TAX PER STATEhelp

1.1%

#16 in the US

CORPORATE TAX RATEhelp

4.31%

#8 in the US

STATE-LOCAL TAX BURDENhelp

8.8%

#7 in the US

Ohio

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PROPERTY TAX RATEhelp

1.52%

#44 in the US

INCOME TAX PER STATEhelp

0%

#4 in the US

STATE-LOCAL TAX BURDENhelp

10%

#29 in the US

Oklahoma

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PROPERTY TAX RATEhelp

0.83%

#22 in the US

INCOME TAX PER STATEhelp

0.25%

#5 in the US

CORPORATE TAX RATEhelp

4%

#9 in the US

STATE-LOCAL TAX BURDENhelp

9%

#23 in the US

Oregon

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PROPERTY TAX RATEhelp

0.91%

#23 in the US

INCOME TAX PER STATEhelp

4.75%

#37 in the US

CORPORATE TAX RATEhelp

7.6%

#30 in the US

STATE-LOCAL TAX BURDENhelp

10.8%

#30 in the US

Pennsylvania

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PROPERTY TAX RATEhelp

1.43%

#45 in the US

INCOME TAX PER STATEhelp

3.07%

#26 in the US

CORPORATE TAX RATEhelp

9.99%

#45 in the US

STATE-LOCAL TAX BURDENhelp

10.6%

#31 in the US

Rhode Island

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PROPERTY TAX RATEhelp

1.37%

#46 in the US

INCOME TAX PER STATEhelp

3.75%

#27 in the US

CORPORATE TAX RATEhelp

7%

#31 in the US

STATE-LOCAL TAX BURDENhelp

11.4%

#39 in the US

South Carolina

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PROPERTY TAX RATEhelp

0.53%

#24 in the US

INCOME TAX PER STATEhelp

0%

#6 in the US

CORPORATE TAX RATEhelp

5%

#17 in the US

STATE-LOCAL TAX BURDENhelp

8.9%

#8 in the US

South Dakota

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PROPERTY TAX RATEhelp

1.14%

#47 in the US

STATE-LOCAL TAX BURDENhelp

8.4%

#9 in the US

Tennessee

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PROPERTY TAX RATEhelp

0.63%

#25 in the US

CORPORATE TAX RATEhelp

6.5%

#23 in the US

STATE-LOCAL TAX BURDENhelp

7.6%

#3 in the US

Texas

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PROPERTY TAX RATEhelp

1.6%

#48 in the US

STATE-LOCAL TAX BURDENhelp

8.6%

#10 in the US

Utah

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PROPERTY TAX RATEhelp

0.56%

#26 in the US

INCOME TAX PER STATEhelp

4.95%

#38 in the US

CORPORATE TAX RATEhelp

4.95%

#10 in the US

STATE-LOCAL TAX BURDENhelp

12.1%

#45 in the US

Vermont

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PROPERTY TAX RATEhelp

1.76%

#49 in the US

INCOME TAX PER STATEhelp

3.35%

#28 in the US

CORPORATE TAX RATEhelp

8.5%

#39 in the US

STATE-LOCAL TAX BURDENhelp

13.6%

#49 in the US

Virginia

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PROPERTY TAX RATEhelp

0.84%

#27 in the US

INCOME TAX PER STATEhelp

2%

#22 in the US

CORPORATE TAX RATEhelp

6%

#24 in the US

STATE-LOCAL TAX BURDENhelp

12.5%

#46 in the US

Washington

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PROPERTY TAX RATEhelp

0.84%

#28 in the US

STATE-LOCAL TAX BURDENhelp

10.7%

#32 in the US

West Virginia

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PROPERTY TAX RATEhelp

0.53%

#29 in the US

INCOME TAX PER STATEhelp

3%

#29 in the US

CORPORATE TAX RATEhelp

6.5%

#25 in the US

STATE-LOCAL TAX BURDENhelp

9.8%

#24 in the US

Wisconsin

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PROPERTY TAX RATEhelp

1.53%

#50 in the US

INCOME TAX PER STATEhelp

3.54%

#30 in the US

CORPORATE TAX RATEhelp

7.9%

#32 in the US

STATE-LOCAL TAX BURDENhelp

10.9%

#33 in the US

Wyoming

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PROPERTY TAX RATEhelp

0.51%

#30 in the US

STATE-LOCAL TAX BURDENhelp

7.5%

#4 in the US

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help

0%

#31 in the US

help

0%

#1 in the US