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The States With the Best and Worst Property Taxes In 2017

Source: lifehacker.com - Mar 4, 2017

American households spend an average of $2,149 in home property taxes every year. Tack on another $400 on average in vehicle property taxes for residents of 27 states and that’s a big chunk of change. If you’re looking to buy property, it might help to know which states are less expensive than others.

This report, from the property tax experts at WalletHub, uses current U.S. Census Bureau data to determine real estate tax rates and national auto sales statistics to determine vehicle property tax rates. Here are the five cheapest states for real estate property taxes:

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Category: General Business