The 5 states with the highest property taxes in America — and the 5 with the lowest

WalletHub crunched the numbers to figure out which states have the largest property tax load and which have the smallest.

The state with the highest property tax burden is New Hampshire, with an average annual property tax of $6,616 on a $300,000 home and a property tax over income percentile of 1.08%, according to recent data from ValuePenguin and U.S. Census Bureau. It is followed by Vermont with an average property tax of $5,748 and a property tax over income percentile of 0.87%.

The five states with the lowest property tax burden are Hawaii, Florida, Louisiana, Texas and Alabama, in ascending order. Hawaii has the lowest average property tax at $1,306 on a $300,000 home and a property tax over income percentile of 0.21%. Meanwhile, Alabama has the lowest property tax over income percentile at 0.12% and an average property tax of $1,848.

Here are the 5 states with the highest property taxes, according to ValuePenguin and U.S. Census Bureau:

1. New Hampshire: $6,616 & 1.08%

2. Vermont: $5,748 & 0.87%

3. Maine: $5,276 & 0.71%

4. Ohio: $4,145 & 0.52%

5. Pennsylvania: $4,044 & 0.44%

Here are the 5 states with the lowest property taxes:

1. Hawaii: $1,306 & 0.21%

2. Florida: $1,659 & 0.28%

3. Louisiana: $1,708 & 0.15%

4. Texas: $1,750 & 0.13%

5. Alabama: $1,848 & 0.12%

The data also shows that the property tax burden is generally higher in the Northeast and Midwest, while it is lower in the South and West. For example, the five states with the highest property tax burden are all located in the Northeast or Midwest, while the five states with the lowest property tax burden are all located in the South or West.

The property tax burden can vary significantly depending on the state and the value of the home. For example, in New Hampshire, the average property tax is $6,616 on a $300,000 home, but it can be much higher or lower depending on the location and the size of the home. In Hawaii, the average property tax is only $1,306 on a $300,000 home.

The property tax burden is a complex issue that is subject to debate. Some people believe that property taxes are an important source of revenue for state and local governments, and that they are used to fund essential services such as schools, police and fire departments, and sanitation. Others believe that property taxes are regressive, meaning that they take a larger percentage of income from low-income taxpayers than from high-income taxpayers. They also argue that property taxes can be a major financial burden on homeowners, especially in states with high property tax rates.

Ultimately, the property tax burden is a matter of opinion. There are valid arguments to be made on both sides of the issue.

According to recent data from ValuePenguin and the U.S. Census Bureau, the state with the highest average annual property tax is New Hampshire, at $6,616 on a $300,000 home. It also has the highest property tax over income percentile at 1.08%. The state with the lowest average property tax is Hawaii, at $1,306 and a property tax over income percentile of 0.21%. The state with the lowest property tax over income percentile is Alabama, at 0.12% and an average property tax of $1,848.

Here are the 5 states with the highest property taxes:

1. New Hampshire: $6,616 & 1.08%

2. Vermont: $5,748 & 0.87%

3. Maine: $5,276 & 0.71%

4. Ohio: $4,145 & 0.52%

5. Pennsylvania: $4,044 & 0.44%Here are the 5 states with the lowest property taxes:

1. Hawaii: $1,306 & 0.21%

2. Florida: $1,659 & 0.28%

3. Louisiana: $1,708 & 0.15%

4. Texas: $1,750 &