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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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6. South Carolina

• Effective property tax rate: 0.56%
• Median home value: $165,100
• Annual taxes on home priced at state median value: $925
• Median household income: $48,781

With an effective property tax rate of 0.56% but considerably lower median home values, housing is pretty affordable in South Carolina, compared to other states where people own similar homes.

Want your income to shine bright like a diamond? Our next state has you covered…..

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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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