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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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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….. 

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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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