Top 10 States with the Lowest Property Taxes

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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.

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