2026 IBS
 
Register by Feb. 14 to Avoid Onsite Pricing in Orlando. Register now
 

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

Economics | Multifamily

Feb 12, 2026

Low-Rise Multifamily Shows Strength at End of 2025; Other Segments Weak

Confidence in the market for new multifamily housing decreased year-over-year in the fourth quarter, according to the Multifamily Market Survey (MMS) released today by NAHB. The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 45, down three points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 74, down seven points year-over-year.

Sponsored Content

Feb 11, 2026

5 Reasons Home Builders Are the Unsung Heroes of the American Dream

Behind the homes people cherish are builders quietly carrying more responsibility — and having more impact — than most Americans realize. Here’s why their work matters far beyond the jobsite.

View all

Latest Economic News

Economics

Feb 12, 2026

Existing Home Sales Retreat Amid Low Inventory

Existing home sales fell in January to a more than two-year low after December’s strong rebound, as tight inventory continued to push home prices higher and winter storms weighed on activity. Despite mortgage rates trending lower and wage growth outpacing price gains, limited resale supply kept many buyers on the sidelines.

Economics

Feb 12, 2026

Residential Building Worker Wages Slow in 2025 Amid Cooling Housing Activity

Wage growth for residential building workers moderated notably in 2025, reflecting a broader cooling in housing activity and construction labor demand. According to the latest data from the U.S. Bureau of Labor Statistics (BLS), both nominal and real wages remained modest during the fourth quarter, signaling a shift from the rapid post-pandemic expansion to a slower-growth phase.

Economics

Feb 12, 2026

Low-Rise Multifamily Shows Strength at End of 2025; Other Segments Weak

Even though garden/low-rise continues to be strong, overall confidence in the market for new multifamily housing decreased year-over-year in the fourth quarter, according to the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).