Top 10 States with the Lowest Property Taxes

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7. Delaware

• Effective property tax rate: 0.56%
• Median home value: $237,300
• Annual taxes on home priced at state median value: $1,329
• Median household income: $63,036

Compared to South Carolina, Delaware has the same effective property tax rate but a higher median home value, which means homeowners could wind up paying more for their properties. In compensation, the “Diamond State” has no sales tax.

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