5. Wyoming
• Effective property tax rate: 0.55%
• Median home value: $226,300
• Annual taxes on home priced at state median value: $1,245
• Median household income: $60,938
Compared to other states on the list, the median home values in Wyoming are not among the lowest ones. However, with no state income tax and a 4% sales tax, The Equality State is the least taxed state in the U.S.
Next, your finances won’t be going south any time soon…..
1 thought on “Top 10 States with the Lowest Property Taxes”
Interesting but I’d like to see a complete list of all 50 states, with the data collected in a uniform way for each state.