Emily Flores
Homeownership comes with the added perk of lower real estate taxes in these states. Whether you’re drawn to the tranquility of the mountains or the excitement of urban life, there’s a place for every preference and budget. Let’s count down to a place where living is easy and taxes are low.
North Carolina: Rank – #15
In the Tar Heel State, residents pay a modest effective property tax rate of 0.80%. North Carolina offers a blend of urban innovation and rural charm without the heavy tax burden and a median real estate tax payment of $1,765. It’s perfect for new businesses and families looking for a place to call home.
Arkansas: Rank – #14
The Natural State hosts more than breathtaking landscapes; it boasts an attractive real estate tax rate of 0.66%. With an average tax bill of $1,031, Arkansas stands out as a haven for those searching for affordability without sacrificing the beauty of nature or the warmth of community life.
Tennessee: Rank – #13
Tennessee tunes into the heartstrings and plays a pleasant note with its 0.65% effective real estate tax rate, rich musical heritage, and thriving cities. Whether exploring the Smoky Mountains or indulging in Nashville’s vibrant scene, homeowners save more by paying a median of $1,376 annually.
Idaho: Rank – #12
The Gem State shines for its stunning natural beauty and low real estate taxes, pegged at an effective rate of 0.63%. A median tax payment of only $1,741 makes Idaho a treasure trove for those looking for adventure outdoors without getting weighed down by heavy taxes.
Louisiana: Rank – #11 (Tie)
Louisiana’s culture is as rich as its low real estate tax rate. Tying with Delaware at an effective rate of 0.62% and a median tax payment of $1,223, the Pelican State is a flavorful mix of history, entertainment, and affordability that’s hard to beat.
Delaware: Rank – #11 (Tie)
In Delaware, the spotlight shines on savings with an effective real estate tax rate of 0.62%. House owners here delight in a median tax bill of $1,695. Known as the First State, Delaware offers historic charm and modern convenience, all with a tax rate that makes living and saving easier.
Wyoming: Rank – #9
Wyoming knows how to show off its endless, untouched landscapes, all while keeping your wallet pretty happy with a super low real estate tax rate of just 0.61%. The median tax payment here is $1,501, which symbolizes the spirit of the West with its open spaces, freedom, and fiscal friendliness.
Arizona: Rank – #8
Arizona’s effective tax rate of 0.60% provides a sunny outlook for property owners. The median real estate tax paid is $1,717, which makes the Grand Canyon State a grand choice for those seeking the warmth of the desert sun and a hot real estate market cooled by low taxes.
West Virginia: Rank – #7
In West Virginia, the mountains are not the only thing that’s almost heaven; the real estate taxes are heavenly, too. An effective rate of 0.59% and a median payment of $916 transforms the state into a sanctuary for those looking to stretch their dollars in the rugged beauty of Appalachia.
South Carolina: Rank – #6
As a beautiful state with a rich history and beautiful coastlines, South Carolina boasts an effective property tax rate of 0.58%. This rate translates into a median annual property tax payment of $1,213, positioning the Palmetto State as a financially attractive option for prospective and current property holders.
Utah: Rank – #5
Utah’s effective real estate tax rate of 0.57% makes it a promised land for house owners seeking sanctuary from high taxes. The Beehive State combines natural wonders with fiscal prudence while ensuring everyone a high quality of life with a median payment of $1,972.
Nevada: Rank – #4
Nevada rolls the dice in your favor with an effective real estate tax rate of 0.55%. In the Silver State, the median tax bill of $1,793 merits it the perfect destination for those seeking an active lifestyle and low taxes.
Colorado: Rank – #3
Colorado’s effective real estate tax rate of 0.52% paints a picture as appealing as its landscapes. With a median tax of $2,125, it’s a high-altitude haven that balances the thrill of the Rockies with the comfort of affordable living.
Alabama: Rank – #2
Alabama serenades householders with a harmonious and one of the most friendly effective tax rates of 0.43%, where the median real estate tax payment is a mere $742. The Heart of Dixie beats strong with southern hospitality, cultural richness, and an easy-going tax rate that’s hard to beat.
Hawaii: Rank #1
Hawaii’s real estate might have high price tags, but the property tax rates tell a different story. Homeowners in the Aloha State enjoy the lowest effective real estate tax rate in the U.S. at 0.29% and a median tax payment of $1,915.
Comments
Loading…