Friday, June 3, 2022

9 States With the Lowest Property Tax Rates

Hands forming a tax shelter over money
Andrey_Popov / Shutterstock.com

On average, American households spend $2,471 per year on real-estate property taxes — although in some states, it’s less than half that. That’s according to a recent ranking by WalletHub, which studied real estate and vehicle taxes in every state and the District of Columbia. To get the effective real-estate tax rate in each state, the site divided the typical real-estate tax payment there by the...



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