Florida Chief Financial Officer Blaise Ingoglia announces audits in Broward, Gainesville, Orange and other counties to combat rising property taxes and government overspending.
Property taxes are rising across much of America, but where you live makes all the difference.
The median U.S. property tax bill in 2024 was $3,500, up 2.8% from the previous year, largely due to rising home values and changes in local tax rates.
However, some homeowners pay a very different amount due to the state they live in, according to Realtor.com.
“Tax growth varies widely from state to state, including some states where tax burdens are outpacing home price growth and others where property taxes are falling even as home values appreciate,” Joel Berner, senior economist at Realtor.com, said in a statement.
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West Virginia homeowners pay an average of just $728 per year, the lowest in the nation. Meanwhile, New Jersey residents face the highest median property tax bill, averaging $9,413 per year, according to Realtor.com.
Property taxes are rising across much of the United States, but where you live makes all the difference. (iStock/iStock)
States with the lowest property taxes include:
West Virginia — $728
Alabama — $804
Arkansas — $871
Mississippi — $1,034
South Carolina — $1,328
Tennessee — $1,333
Louisiana — $1,415
Oklahoma —$1,481
Kentucky — $1,551
Michigan — $1,670
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Property taxes generally tend to vaguely reflect the market value of a home, according to Berner. (iStock/iStock)
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Property taxes generally vaguely reflect the market value of a home, according to Berner.
States with the highest property taxes are typically located in the Northeast, where household incomes and housing prices are higher. In contrast, the states with the lowest property tax bills all have median home prices below the national median of $425,000 for September 2025, according to Realtor.com.
Although low property taxes can ease the financial burden on homeowners, they often mean fewer local services, according to Realtor.com.
While low property taxes can ease the financial burden on homeowners, they often mean fewer local services. (iStock/iStock)
“Property taxes support important municipal services, police, fire, schools, courts, libraries, parks and recreation, emergency response, impound, roads and perhaps many other services that people may not realize are funded, such as senior services, municipal airports, public health, possibly water, sewer and trash collection,” said Bruce Ailion, an agent with Re/Max Town and County in Atlanta, at Realtor.com.
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As property taxes rise, lawmakers in Florida, Illinois, Kansas, Ohio, Pennsylvania and Texas are exploring ways to reduce the burden on homeowners.
Montana has already implemented property tax relief measures, FOX 10 reported.
