Help Shape What’s Next for NAHB
 
Take the Industry Pulse Check. Learn more
 

Property Tax Rates Vary Widely by State and Geography

Economics
Published

There is a nearly $8,000 difference between what residents of the state with the highest property taxes pay compared to those who live in the state with the lowest annual tax bill.

NAHB analysis of data from the 2019 American Community Survey shows that in 2019, New Jersey continued its perennial distinction as the state with the highest average annual tax bill per home owner. Garden State home owners paid an average of $8,687 in real estate taxes in 2019.

At the opposite end of the spectrum, Alabama ranked 50th among home owners in average real estate tax paid per year. There, the average real estate tax bill totaled just $713.

The top five states with the highest average annual property taxes are all located in the Northeast:

Rank Average Real Estate Taxes Paid Per Year
1. New Jersey $8,687
2. Connecticut $6,593
3. New York $6,410
4. New Hampshire $5,843
5. Massachusetts $5,495

The states with the lowest average annual property taxes are primarily located in the South:

Rank Average Real Estate Taxes Paid Per Year
50. Alabama $713
49. West Virginia $815
48. Mississippi $1,038
47. Arkansas $1,046
46. Louisiana $1,080

NAHB economist David Logan looks at the national picture and provides further analysis in this Eye on Housing blog post.

Find out where your state stands on the list.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Environmental Issues

May 15, 2026

NAHB, Industry Partners Address Key Permitting Reform Challenges

NAHB and industry partners responded this week to a request from the U.S. Army Corps of Engineers for recommendations to improve the efficiency of the Nationwide Permit program in advance of a potential future rulemaking.

Advocacy

May 14, 2026

NAHB Supports Amended Housing Bill Released by House

NAHB Chairman Bill Owens issued the following statement on amended housing legislation released by the House.

View all

Latest Economic News

Economics

May 14, 2026

Mostly Unchanged Demand, Lending Conditions for Residential Mortgages in First Quarter

Lending standards and demand for most types of residential mortgages were essentially in the first quarter of 2026, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS). For commercial real estate (CRE) loans, lending standards for multifamily construction & development were essentially unchanged as well.

Economics

May 13, 2026

Residential Construction Input Prices Move Higher In April

Prices rose across a host of goods and services used in residential construction. Rising energy prices were the primary driver, but transportation service prices also rose at their fastest pace since 2022. Meanwhile, building material prices, excluding energy, rose at their highest yearly rate in three years, up 3.7% from a year ago.

Economics

May 13, 2026

Delinquencies Holds Steady in First Quarter of 2026

Consumer loan delinquency rates continued to normalize in the first quarter of 2026 as pandemic-related disruptions diminished and credit conditions moved closer to historical norms.