3. Louisiana
• Effective property tax rate: 0.51%
• Median home value: $147,200
• Annual taxes on home priced at state median value: $751
• Median household income: $46,710
Similar to Alabama, the “Pelican State” also has a low effective property tax rate and median home value lower than the national average, with Louisiana residents enjoying a low cost of living across the state.
You’ll not have a tax mountain to climb when it comes to the next state on our list…..
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.