• Effective property tax rate: 0.56%
• Median home value: $237,300
• Annual taxes on home priced at state median value: $1,329
• Median household income: $63,036
Compared to South Carolina, Delaware has the same effective property tax rate but a higher median home value, which means homeowners could wind up paying more for their properties. In compensation, the “Diamond State” has no sales tax.
The property taxes in our next state aren’t just black and white…..
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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.