Property Tax Estimator
Estimate your property tax from your home value and location, and compare the same home against the average effective rate in all 50 states plus DC.
Property Details
Enter your property information
Statewide average effective rates (% of market value). Vintage and source are not recorded with this table, so treat every figure as approximate and confirm your own rate against your county assessor or latest tax bill.
Not applied to a state figure: those are effective rates on market value, so a ratio on top would discount the same value twice. Switch on a custom rate below to enter a nominal rate charged against assessed value.
Blank counts as $0. Check your county for available exemptions.
Off: the estimate uses the selected state's average effective rate.
How Property Taxes Work
Property taxes are calculated by multiplying your property's assessed value by the local tax rate (mill rate). Rates vary significantly by state and even by county, making location a major factor in your total housing costs.
The state figures used on this page are statewide average effective rates (% of market value), which already include each state's assessment ratio. Vintage and source are not recorded with this table, so treat every figure as approximate and confirm your own rate against your county assessor or latest tax bill.
States with Lowest Property Taxes
- Hawaii: 0.28% - lowest figure in this table
- Alabama: 0.41% - low taxes, low cost of living
- Colorado: 0.51% - TABOR limits tax increases
- Louisiana: 0.55% - generous homestead exemptions
States with Highest Property Taxes
- New Jersey: 2.49% - highest figure in this table
- Illinois: 2.27% - high rates, especially around Chicago
- New Hampshire: 2.18% - no income tax, relies heavily on property tax
- Connecticut: 2.14% - high taxes, high home values
How to Lower Your Property Taxes
- Homestead Exemption: Many states offer exemptions for primary residences
- Appeal Your Assessment: Challenge your property valuation if it seems too high
- Senior Exemptions: Many states offer additional breaks for seniors 65+
- Veteran Exemptions: Special exemptions available for military veterans
Property Tax FAQs
What is an assessment ratio?
The assessment ratio is the share of your home's market value that is subject to taxation. Most states assess at 100%, but some, such as South Carolina, assess owner-occupied homes at 4% of market value. Note that the ratio only belongs in the maths alongside a nominal mill rate: the statewide figures in this tool are already effective rates on market value, with the ratio baked in, so the calculator applies your ratio only when you enter a custom rate.
When are property taxes due?
Property tax due dates vary by county but are typically paid annually or semi-annually. Many homeowners pay through their mortgage escrow account.
Are property taxes tax deductible?
Property taxes are generally deductible on federal income taxes, subject to the SALT (state and local tax) deduction cap - $10,000 as enacted by the 2017 Tax Cuts and Jobs Act. Caps, thresholds and rates change, and this page does not track them; confirm the figure for your filing year with a tax professional.