Property Tax Calculator by State

Free property tax calculator by state. See how much you'd pay in property tax across all US states. Compare rates and estimate your annual bill.

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Property Tax Rates by State: The Full Picture

Property tax rates vary enormously across the United States. New Jersey has the highest effective rate at 2.23%, meaning a $400,000 home pays approximately $8,920/year. Hawaii has the lowest at 0.27%, where the same home pays just $1,080/year — an $7,840 annual difference. The national average effective rate is approximately 1.07%, translating to $4,280/year on a $400,000 home. These differences dramatically impact the true cost of homeownership and should be factored into any relocation or home purchase decision.

The highest property tax states are: New Jersey (2.23%), Illinois (2.30%), Connecticut (2.13%), Vermont (1.96%), and Wisconsin (1.89%). The lowest are: Hawaii (0.27%), Alabama (0.31%), Colorado (0.51%), Utah (0.56%), and Nevada (0.63%). Notably, states with no income tax (Texas, Florida) often have higher property taxes to compensate. Texas at 1.80% is one of the highest — on a $400,000 home, that is $7,200/year in property taxes, offsetting much of the income tax savings. Compare your total housing cost with our Mortgage Calculator.

How to Reduce Your Property Tax Bill

Homestead exemptions are the most common reduction. Most states offer a homestead exemption that reduces the taxable value of your primary residence by $25,000-$75,000. In Florida, the homestead exemption is $50,000, saving approximately $445/year. In Texas, it is $100,000, saving approximately $1,800/year. You must apply for this exemption — it is not automatic. Check with your county assessor's office.

Additional strategies: Appeal your assessment — approximately 30-40% of homeowners who appeal get a reduction, saving hundreds or thousands annually. Gather comparable sales data showing your home is overvalued. Check for errors — assessor records sometimes contain incorrect square footage, lot size, or improvement data that inflates your bill. Senior and veteran exemptions — many states offer additional reductions for homeowners 65+, disabled veterans, or surviving spouses. Timing improvements — major renovations trigger reassessment in most states, so be strategic about when you file permits. Estimate your total housing costs with our Property Tax Calculator and Affordability Calculator.

People Also Ask

Which state has the lowest property tax?
Hawaii at 0.27% effective rate, followed by Alabama (0.31%), Colorado (0.51%), Utah (0.56%), and Nevada (0.63%). However, home values in Hawaii are among the highest in the nation, so the dollar amount may still be significant.
Which state has the highest property tax?
Illinois at 2.30% and New Jersey at 2.23% have the highest effective rates. On a $400,000 home, that is $9,200/year in Illinois vs $1,080/year in Hawaii — a difference of $8,120 annually.
Is property tax deductible?
Yes, property tax is deductible on your federal tax return if you itemize. However, the SALT (State and Local Tax) deduction is capped at $10,000 total, which includes state income tax and property tax combined.
How often is property tax reassessed?
It varies by state. Some states reassess annually, others every 2-5 years, and some only upon sale. California's Prop 13 limits annual increases to 2% regardless of market value — until the property is sold.