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Top 10 States with the Lowest Property Taxes

Property taxes represent essential income sources for cities, counties and local governments, used for several things such as education, road construction, police, and fire department, to name a few. Depending on where…

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10. Mississippi

• Effective property tax rate: 0.64%
• Median home value: $127,300
• Annual taxes on home priced at state median value: $815
• Median household income: $42,009

With the highest effective property tax rate among states on our list, Mississippi home values are also relatively low. Gas is taxed at 19 cents a gallon and authorities have recently introduced a set of rules to lessen the tax burden on homeowners.

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1 comment on “Top 10 States with the Lowest Property Taxes”

  1. 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.

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