Property taxes, specifically those on land and residential structures, are typically levied at the local level – by cities, counties, or school districts. State governments also often impose additional taxes on personal property such as cars or boats.
Exactly how much Americans pay each year in property taxes depends both on their local property tax rate and the value of their property. For example, if a single family home is valued at $200,000 in a given year and the local property tax rate is 1%, the property tax bill would come to $2,000.
With a median home value of $192,800 in 2021, Louisiana has the 11th least expensive housing market in the country, based on data from the U.S. Census Bureau’s American Community Survey. And according to the Tax Foundation, an independent nonprofit tax policy research organization, the effective property tax rate in Louisiana was 0.56% in 2021, the fifth lowest among the 50 states.
Meanwhile, per capita state and local property tax collections in Louisiana totaled $914 in fiscal 2020, compared to $1,810 across the entire country.
All tax data in this story was compiled by the Tax Foundation.
Rank | State | Effective property tax rate, 2021 (%) | Per capita state & local prop. tax collections, FY2020 ($) | Median home value, 2021 ($) |
---|---|---|---|---|
1 | New Jersey | 2.23 | 3,431 | 389,800 |
2 | Illinois | 2.08 | 2,268 | 231,500 |
3 | New Hampshire | 1.93 | 3,285 | 345,200 |
4 | Vermont | 1.83 | 2,860 | 271,500 |
5 | Connecticut | 1.79 | 3,295 | 311,500 |
6 | Texas | 1.68 | 2,216 | 237,400 |
7 | Nebraska | 1.63 | 2,088 | 204,900 |
8 | Wisconsin | 1.61 | 1,717 | 230,700 |
9 | Ohio | 1.59 | 1,458 | 180,200 |
10 | Iowa | 1.52 | 1,806 | 174,400 |
11 | Pennsylvania | 1.49 | 1,644 | 222,300 |
12 | New York | 1.40 | 3,118 | 368,800 |
13 | Rhode Island | 1.40 | 2,449 | 348,100 |
14 | Michigan | 1.38 | 1,594 | 199,100 |
15 | Kansas | 1.34 | 1,712 | 183,800 |
16 | Maine | 1.24 | 2,862 | 252,100 |
17 | South Dakota | 1.17 | 1,606 | 219,900 |
18 | Massachusetts | 1.14 | 2,638 | 480,600 |
19 | Minnesota | 1.11 | 1,776 | 285,400 |
20 | Maryland | 1.05 | 1,744 | 370,800 |
21 | Alaska | 1.04 | 2,276 | 304,900 |
22 | Missouri | 1.01 | 1,114 | 198,300 |
23 | North Dakota | 0.98 | 1,538 | 224,400 |
24 | Oregon | 0.93 | 1,730 | 422,700 |
25 | Georgia | 0.92 | 1,336 | 249,700 |
26 | Florida | 0.91 | 1,541 | 290,700 |
27 | Oklahoma | 0.89 | 883 | 168,500 |
28 | Virginia | 0.87 | 1,830 | 330,600 |
29 | Washington | 0.87 | 1,727 | 485,700 |
30 | Indiana | 0.84 | 1,146 | 182,400 |
31 | Kentucky | 0.83 | 33 | 173,300 |
32 | North Carolina | 0.82 | 1,082 | 236,900 |
33 | California | 0.75 | 1,955 | 648,100 |
34 | Montana | 0.74 | 1,806 | 322,800 |
35 | New Mexico | 0.67 | 899 | 214,000 |
36 | Mississippi | 0.67 | 1,167 | 145,600 |
37 | Tennessee | 0.67 | 845 | 235,200 |
38 | Idaho | 0.67 | 1,131 | 369,300 |
39 | Arkansas | 0.64 | 798 | 162,300 |
40 | Arizona | 0.63 | 1,206 | 336,300 |
41 | Delaware | 0.61 | 1,049 | 300,500 |
42 | Nevada | 0.59 | 1,153 | 373,000 |
43 | Utah | 0.57 | 1,209 | 421,700 |
44 | West Virginia | 0.57 | 1,002 | 143,200 |
45 | South Carolina | 0.57 | 1,314 | 213,500 |
46 | Louisiana | 0.56 | 914 | 192,800 |
47 | Wyoming | 0.56 | 2,163 | 266,400 |
48 | Colorado | 0.55 | 1,956 | 466,200 |
49 | Alabama | 0.40 | 632 | 172,800 |
50 | Hawaii | 0.32 | 1,556 | 722,500 |