Tax-Rates.org has a great set of graphic depicting property tax rates by state. It’s an interactive graphic, hover over each state to see their overall state property tax rate. As we well know here in Lake County, we have some of the highest County property tax rates in the country. Click on the graph to see your favorite state’s aggregate tax rate!
Property Tax Rates By State 2015 – Tax-Rates.org
A property tax is a municipal tax levied by counties, cities, or special tax districts on most types of real estate – including homes, businesses, and parcels of land. The amount of property tax owed depends on the appraised fair market value of the property, as determined by the property tax assessor.
Because the calculations used to determine property taxes vary widely from county to county, the best way to compare property taxes on a large scale is by using aggregate data. On Tax-Rates.org, our data allows you to compare property taxes across states and counties by median property tax in dollars, median property tax as percentage of home value, and several other benchmarks.
You can use the property tax map above to view the relative yearly property tax burden across the United States, measured as percentage of home value. To estimate your yearly property tax in any county based on these statistics, you can use our property tax calculator. To find more detailed property tax statistics for your area, find your county in the list on your state’s page. continued