Homeowners in the Northeastern states of New York and New Jersey and some Midwestern states tend to pay the most in property taxes in the US, according to an analysis of new Census Bureau data by the Tax Foundation.
In the study, Tax Foundation Senior Economist Gerald Prante uses newly updated data from the 2008 American Community Survey to rank high-population counties across the country according to various property tax measures.
"In the county rankings, there has been little change from the 2007 numbers, where the Northeast, specifically New York and New Jersey, dominated the highest-taxed counties," Prante observes.
The top 10 counties in median real estate taxes paid for 2008 are, from 1 to 10, Westchester County, NY (USD8,890); Nassau County, NY (USD8,628); Hunterdon County, NJ (USD8,492); Bergen County, NJ (USD8,446); Rockland County, NY (USD8,430); Essex County, NJ (USD7,924); Somerset County, NJ (USD7,743); Morris County, NJ (USD7,557); Passaic County, NJ (USD7,370); and Putnam County, NY (USD7,324). The national median is USD1,897.
The top 10 counties in median real estate taxes as a percentage of median home value for 2008 are all from the state of New York. They include: Niagara County (2.89%); Monroe County (2.85%); Wayne County (2.82%); Chautauqua County (2.60%); Cayuga County (2.54%); Cattaraugus County (2.52%); Onondaga County (2.51%); Erie County (2.48%); Oswego County (2.42%); and Chemung County (2.38%). The national median is 0.96%.
"Among states, the story is much the same as for the top counties: The Northeast area of the country has the highest property taxes, along with pockets elsewhere, such as Wisconsin, Texas, Nebraska, and Illinois," Prante said.
The top 10 states in median real estate taxes paid for 2008 are: New Jersey (USD6,320); Connecticut (USD4,603); New Hampshire (USD4,501); New York (USD3,622); Rhode Island (USD3,534); Massachusetts (USD3,406); Illinois (USD3,384); Vermont (USD3,281); Wisconsin (USD2,963); and California (USD2,829).
The top 10 states for median real estate taxes as a percentage of median home value are Texas (1.76%); New Jersey (1.74%); Nebraska (1.72%); Wisconsin (1.71%); New Hampshire (1.70%); Illinois (1.57%); Vermont (1.53%); Connecticut (1.50%); Michigan (1.45%); and North Dakota (1.41%).
Louisiana and much of the South tend to have the lowest property taxes on homeowners, according to the study.
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