7 US states with the lowest real estate taxes

Residents of some US states do not have to pay income and sales taxes, as there are regions that simply do not have these taxes. The situation with property taxes is completely different - residents of all states are required to pay it, but rates differ depending on the region, and rates often vary by city and district, and not only by state.

Фото: Depositphotos

In all calculations of real estate tax, the amount you must pay is a certain percentage of the value of your house, writes GO Banking Rates.

If we start from the average real estate tax rate in the state and the average amount paid annually in the form of this tax by residents of the region, then the following 7 states have the lowest real estate taxes.

7. Delaware

• Average property tax rate: 0,529% of the estimated value of the property
• Average annual property tax: $ 1 274

6. Arkansas

• Average property tax rate: 0,619% of the estimated value of the property
• Average annual property tax: $ 721

5. South Carolina

• Average property tax rate: 0,574% of the estimated value of the property
• Average annual property tax: $ 821

4. West Virginia

• Average property tax rate: 0,589% of the estimated value of the property
• Average annual property tax: $ 629

3. Hawaii

• Average property tax rate: 0,278% of the estimated value of the property
• Average annual property tax: $ 1 459

2. Louisiana

• Average property tax rate: 0,479% of the estimated value of the property
• Average annual property tax: $ 750

1. Alabama

• Average property tax rate: 0,435% of the estimated value of the property
• Average annual property tax: $ 550

The table below shows data for all states.

Infographics: GOBankingRates

Read also on ForumDaily:

If you make a gift in the United States, you must pay a gift tax: rates and conditions

What value does $ 100 have in each state?

What debts you will never forgive in the United States, even if you declare yourself bankrupt

Do you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram  and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.