• Effective property tax rate: 0.56%
• Median home value: $165,100
• Annual taxes on home priced at state median value: $925
• Median household income: $48,781
With an effective property tax rate of 0.56% but considerably lower median home values, housing is pretty affordable in South Carolina, compared to other states where people own similar homes.
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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.