50-State Property Tax Rates & Homestead Exemption Directory
Compare effective real estate tax rates, median annual tax bills, and statutory homestead exemption property tax deductions across all 50 US states (Updated for 2026).
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| State | Effective Tax Rate | Median Annual Tax Bill | State Homestead Exemption Protection | Tax Burden Rank |
|---|---|---|---|---|
| Hawaii | 0.31% (Lowest) | $2,100 | $80,000 - $120,000 Basic Exemption | ⭐ Lowest Tax Rate |
| Alabama | 0.40% | $750 | $4,000 State / $2,000 County Assessment deduction | ⭐ Very Low |
| Colorado | 0.52% | $2,450 | Senior/Disabled Veteran 50% first $200k | ⭐ Very Low |
| Nevada | 0.55% | $1,950 | 3% Annual Property Tax Cap (Statutory Abatement) | ⭐ Very Low |
| Utah | 0.57% | $2,200 | 45% Primary Residential Property Exemption | ⭐ Very Low |
| South Carolina | 0.57% | $1,100 | 4% Legal Residence Assessment Ratio (vs 6% rental) | ⭐ Very Low |
| District of Columbia | 0.62% | $4,100 | $87,050 Homestead Deduction from assessed value | Moderate |
| Arizona | 0.63% | $1,850 | Limited Property Value (LPV) 5% annual increase cap | Low |
| California | 0.75% | $4,600 | Prop 13 (1% Base + max 2% annual assessed inflation) | Protected by Prop 13 |
| Tennessee | 0.67% | $1,400 | 25% Residential Assessment Ratio (0% State Income Tax) | Low |
| Florida | 0.91% | $2,550 | $50,000 Homestead Exemption + 3% Save Our Homes Cap | Moderate |
| Georgia | 0.92% | $2,100 | $2,000 to $10,000+ local county homestead exemptions | Moderate |
| North Carolina | 0.82% | $1,800 | Elderly/Disabled $25,000 or 50% exclusion | Moderate |
| Washington | 0.94% | $4,100 | Senior/Disabled Property Tax Exemption program | Moderate |
| Oregon | 0.97% | $3,800 | Measure 50 (Maximum Assessed Value 3% annual growth cap) | Moderate |
| New York | 1.73% | $6,200 | NYS STAR (School Tax Relief) Program ($30k+ savings) | ⚠️ High Tax Burden |
| Ohio | 1.59% | $2,700 | $25,000 Homestead Exemption for seniors/disabled | ⚠️ High Tax |
| Texas | 1.74% | $4,900 | $100,000 School District Homestead Exemption (Proposition 4) | ⚠️ High (No Income Tax) |
| Wisconsin | 1.76% | $4,000 | School Levy Property Tax Credit | ⚠️ High Tax |
| Connecticut | 2.14% | $6,400 | Property Tax Credit on state return | ⚠️ Very High |
| New Hampshire | 2.05% | $6,300 | No State Income or General Sales Tax | ⚠️ Very High |
| Illinois | 2.23% | $5,400 | General Homestead Exemption ($10,000 Cook Co / $8,000 other) | ⚠️ 2nd Highest in US |
| New Jersey | 2.47% (Highest) | $9,300 | ANCHOR Property Tax Relief ($1,750+ direct rebate) | ⚠️ Highest Tax in US |
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