Last month we posted some very interesting data showing that the average American household pays $2,149 annually in property taxes. But what are the actual property tax rates in our 50 states? That’s a good question that GOBankingRates has set out to answer. Their numbers reflect the average tax rates for each state. Keep in mind that the effective tax rate will, of course, vary depending on a host of factors including value and local political jurisdiction. The highest states? New Jersey (2.38%), Illinois (2.32%) and New Hampshire (2.15%) top the list. The bottom three? Hawaii (.28%), Alabama (.43%) and Louisiana (.51%) rank last.
