This is equal to
the median property tax paid as a percentage of the median home value in your county.
We calculated the effective property tax rate by dividing
median property tax paid by median home value for each city.
The median property tax paid by homeowners in Bristol County is $ 4,839 per year, highest in the state and more than double the national average.
The median property tax paid by homeowners in this southern West Virginia County is a mere $ 415 per year.
The median property tax paid in the U.S. on the median U.S. home value of $ 164,200 is $ 1,809, according to the Tax Foundation.
The median property tax paid by homeowners in the Bay Area's Contra Costa County is $ 4,224 per year, sixth highest in California.
Likewise, in dollar terms New Hampshire's property taxes also rank among the top three:
the median property tax paid by homeowners in New Hampshire is $ 4,927.
The median property tax paid by homeowners in this southern West Virginia County is a mere $ 415 per year.
The median property tax paid by homeowners in Yamhill County is $ 2,274 per year.
The median property tax paid by homeowners in Bristol County is $ 4,839 per year, highest in the state and more than double the national average.
The median property taxes paid by homeowners in Deschutes County is $ 2,503, fifth highest in the state.
These are
the median property taxes paid as a percentage of median home value.
Similarly those numbers are higher than the overall median home value in Minnesota and
median property taxes paid in the state - $ 185,200 and $ 2,204, respectively.
The median property taxes paid by homeowners in Deschutes County is $ 2,503, fifth highest in the state.
Not exact matches
We used the same four factors that we considered in the 2016 edition of our study: the
median home value, the
median amount of annual
property taxes paid, the
median annual amount of housing costs
paid and the
median number of rooms per house.
For the sake of simplicity, let's assume our
median American home owner
pays a
median American
property tax of 1 percent of the home value per year — which is lower than many countries surrounding major metros.
The
median tax due is just under $ 10,000 and Robertson says anyone who doesn't
pay up will face fines and have the bill added to their
property taxes next year.
Income and
property taxes paid are lower than in most states because
median income and
median home values are near the bottom of the list.
But
property taxes paid in Iowa are lower than in half of the states because of Iowa's low
median home value.
Property taxes paid also are relatively high because the
median home value and
tax rate are higher than in more than half of the states.
Federal income and
property taxes paid are particularly low, on average, due to the state's low
median income and
property value.
New Mexico has the seventh - lowest total
tax bill, on average, in the U.S.
Property and income
taxes paid are among the lowest of all states — due, in large part, to a low
median income and a low
median home value in the state.
Effective
property tax rates are the
median amount of
property taxes actually
paid each year as a percentage of the
median home value.
However, a low
median home value also plays a role in the low
property taxes paid.
In other words, even if you buy a $ 1.5 M
median home and
pay $ 20,000 a year in
property tax, you are not guaranteed to have your kid get into the public school down the street.
In the cities and counties that are part of the Washington, D.C. metro area,
median home values are typically higher than $ 450,000 and most homeowners
pay over $ 3,000 annually in
property taxes.
However, many Maryland homeowners
pay at least $ 3,000 in
property taxes per year because the state's
median home value is close to $ 300,000.
Homeowners in Fulton County
pay the highest
property taxes in dollar terms, with the
median property tax payment equaling $ 2,692 per year.
Homeowners in the county
pay a
median annual
property tax of $ 706.
The
median annual
property tax paid by homeowners in Berkeley County is $ 1,153, second highest in West Virginia.
The state's average effective
property tax rate (
median annual
taxes paid as a percentage of
median home value) is 0.96 %.
The
median annual
property tax paid by homeowners in Utah County is $ 1,361 seventh highest in the state, but still more than $ 700 lower than the national average.
The
median annual
property tax paid by homeowners in Washington County is $ 1,346, eighth highest in the state.
The
median annual
property taxes paid by homeowners in Morris County is $ 8,651, more than four times the national
median.
The
median annual
property tax paid by homeowners in Tennessee is just $ 1,088, 11th lowest in the country and about half the national average.
The
median annual
property tax paid by homeowners in Washington County is $ 3,729, sixth highest in the state.
The
median annual
property tax paid by homeowners in Sumner County is $ 1,290, sixth highest in the state.
The
median annual
property tax paid by homeowners in Williamson County is $ 2,166, highest in the state and about double the state average.
A county's average effective
tax rate is the
median annual
property tax paid as a percentage of the
median home value.
Westchester With a
median property tax bill of $ 8,404, residents in Westchester County
pay more in
property taxes than do people in any other...
The Gannons
pay close to $ 11,000 annually in
property taxes, which is almost three times the
median property tax bill in New York.
Nassau County taxpayers
pay the highest
property taxes in the country, with a
median tax bill of $ 8,478 per household, compared to the nationwide rate of $ 1,917.
Homeowners in these regions
pay an average of $ 18,000 in Weston, Conn. to $ 43,000 in Bronxville, N.Y. Bronxville's average
property tax bill alone is more than twice the
median household income of any of the poorest school districts on this list.
The RBC Housing Affordability Measure shows the proportion of
median pre-tax household income required to
pay the principal and interest on a mortgage,
property taxes and utilities.
Homeowners also have to
pay property taxes every year, and data from the
Tax Foundation shows that the
median cost of
property taxes nationwide was $ 2,043 in 2010.
«Simply put, affordability is the percentage of
median pre-tax income that is needed to
pay to cover the cost of your mortgage, your
property taxes, and your utilities,» says Nelson.
The
median annual
property taxes paid by a homeowner in Anoka County are $ 2,383.
The
median annual
property tax paid my homeowners in Clackamas County is $ 3,245, highest in the state.
The
median annual
property tax paid by homeowners in Scott County is $ 2,988, which ranks as the third highest annual
tax in the state.
The
median annual
property tax paid by homeowners in Berkeley County is $ 1,153, second highest in West Virginia.