20 US States With the Lowest Property Taxes, Ranked
From Hawaii's rock-bottom 0.27 percent effective rate to generous homestead exemptions across the South and Mountain West, these 20 US states keep annual property tax bills the lowest in the nation.
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How 20 US States Keep Property Tax Bills the Lowest in America
20. Montana
19. Virginia
18. Mississippi
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17. New Mexico
16. California
15. North Carolina
14. Wyoming
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13. Arkansas
12. Louisiana
11. West Virginia
10. Delaware
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9. Tennessee
8. Utah
7. Idaho
6. Arizona
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5. South Carolina
4. Colorado
3. Nevada
2. Alabama
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1. Hawaii
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While homeowners in high-tax states pay thousands of dollars every single year in local levies, 20 US states keep effective property tax rates well below one percent through strict assessment caps, generous homestead exemptions, and alternative local funding models.