US Property Tax Calculator
Estimate annual property tax on a home in any US state using the latest state effective rates, with a comparison against the national average.
Did this tool work for you?
How to use this calculator
- 1
Enter your home value (market value is a good estimate).
- 2
Pick your state to apply its average effective property tax rate.
- 3
If you know your own effective rate, enter it to override the state average.
- 4
Read the estimated annual and monthly property tax and how it compares with the US average.
Frequently asked questions
Which states have the highest property taxes?
Illinois (1.88%), New Jersey (1.88%) and Connecticut (1.54%) have the highest average effective rates on owner-occupied homes. The US average is 0.9%.
Which states have the lowest property taxes?
Hawaii (0.29%), Alabama (0.37%) and Utah (0.48%) have the lowest average effective rates.
What is an effective property tax rate?
It is the tax you actually pay divided by the market value of your home. It differs from a listed millage or nominal rate because assessed values are often below market value and exemptions reduce the bill.
Why can my real bill differ from this estimate?
Rates vary a lot by county, city and school district, and homestead exemptions, assessment caps and recent reassessments change what you owe. The state figure is an average, so use your own rate for a closer number.
How much is property tax on a $300,000 home?
At the 0.9% US average it is $2,700 a year ($225 a month). At Illinois and New Jersey's 1.88% it is $5,640, and at Hawaii's 0.29% it is $870.
How many states are above the national average rate?
22 of the 50 ranked states have an effective rate above 0.9% and 28 are below it. The median state is at 0.79%.
US property tax calculator — effective rates for all 50 states and DC
Property tax rates by state, highest to lowest
The effective rate is the average property tax paid on owner-occupied homes as a share of their value. The table also shows the tax on a $350,000 home at each state's average rate. State rates: Tax Foundation, Facts & Figures 2026 (mean effective property tax rate on owner-occupied housing, 2024, US Census Bureau American Community Survey). County figures: Tax Foundation, Property Taxes by State and County, 2026 (ACS 2024 5-year estimates).
| State | Effective rate | Tax on a $350,000 home | Rank (1 = highest) |
|---|---|---|---|
| Illinois | 1.88% | $6,580 | 2 |
| New Jersey | 1.88% | $6,580 | 1 |
| Connecticut | 1.54% | $5,390 | 3 |
| Vermont | 1.51% | $5,285 | 4 |
| New Hampshire | 1.5% | $5,250 | 5 |
| Nebraska | 1.44% | $5,040 | 6 |
| Texas | 1.4% | $4,900 | 7 |
| Ohio | 1.36% | $4,760 | 8 |
| Iowa | 1.33% | $4,655 | 9 |
| Wisconsin | 1.32% | $4,620 | 10 |
| New York | 1.3% | $4,550 | 11 |
| Pennsylvania | 1.26% | $4,410 | 12 |
| Kansas | 1.21% | $4,235 | 13 |
| Michigan | 1.19% | $4,165 | 14 |
| Rhode Island | 1.12% | $3,920 | 15 |
| Massachusetts | 1% | $3,500 | 16 |
| Minnesota | 1% | $3,500 | 17 |
| South Dakota | 1% | $3,500 | 18 |
| Maine | 0.98% | $3,430 | 19 |
| Alaska | 0.94% | $3,290 | 20 |
| Maryland | 0.92% | $3,220 | 21 |
| North Dakota | 0.92% | $3,220 | 22 |
| Missouri | 0.89% | $3,115 | 23 |
| Oregon | 0.81% | $2,835 | 24 |
| Georgia | 0.79% | $2,765 | 25 |
| Oklahoma | 0.79% | $2,765 | 26 |
| Florida | 0.78% | $2,730 | 27 |
| Virginia | 0.78% | $2,730 | 28 |
| Indiana | 0.76% | $2,660 | 29 |
| Washington | 0.75% | $2,625 | 30 |
| Kentucky | 0.74% | $2,590 | 31 |
| California | 0.7% | $2,450 | 32 |
| North Carolina | 0.66% | $2,310 | 33 |
| New Mexico | 0.63% | $2,205 | 34 |
| Montana | 0.61% | $2,135 | 35 |
| Washington DC | 0.6% | $2,100 | — |
| Mississippi | 0.58% | $2,030 | 36 |
| Arkansas | 0.56% | $1,960 | 37 |
| Louisiana | 0.55% | $1,925 | 38 |
| Delaware | 0.54% | $1,890 | 39 |
| Wyoming | 0.53% | $1,855 | 40 |
| Tennessee | 0.52% | $1,820 | 41 |
| West Virginia | 0.51% | $1,785 | 42 |
| Colorado | 0.5% | $1,750 | 44 |
| Idaho | 0.5% | $1,750 | 45 |
| Nevada | 0.5% | $1,750 | 43 |
| South Carolina | 0.49% | $1,715 | 46 |
| Arizona | 0.48% | $1,680 | 47 |
| Utah | 0.48% | $1,680 | 48 |
| Alabama | 0.37% | $1,295 | 49 |
| Hawaii | 0.29% | $1,015 | 50 |
What a $350,000 home costs in property tax
The same $350,000 home at the average effective rate in six large states. The national average rate is 0.9%, which would be $3,150 a year.
| State | Effective rate | Per year | Per month |
|---|---|---|---|
| New Jersey | 1.88% | $6,580 | $548 |
| Illinois | 1.88% | $6,580 | $548 |
| Texas | 1.4% | $4,900 | $408 |
| New York | 1.3% | $4,550 | $379 |
| Florida | 0.78% | $2,730 | $228 |
| California | 0.7% | $2,450 | $204 |
Where the middle of the table sits
Across the 50 ranked states the median effective rate is 0.79%, against a US average of 0.9%. 22 states are above that average and 28 are below it. The highest rate, 1.88% in Illinois and New Jersey, is 6.5 times the lowest, 0.29% in Hawaii. DC is listed at 0.6% but sits outside the 50-state ranking. The three highest rates are Illinois (1.88%), New Jersey (1.88%), Connecticut (1.54%); the three lowest are Hawaii (0.29%), Alabama (0.37%), Utah (0.48%).
What a rate means per $100,000 of home value
Multiply any rate by the home value to get a yearly estimate: every $100,000 of value carries $900 a year at the US average, $1,880 at the top of the table and $290 at the bottom. The table applies those benchmarks to a $300,000 home and shows the monthly amount a lender would collect in escrow.
| Benchmark | Effective rate | Per $100,000 | Per year on $300,000 | Per month on $300,000 |
|---|---|---|---|---|
| Highest (Illinois and New Jersey) | 1.88% | $1,880 | $5,640 | $470 |
| US average | 0.9% | $900 | $2,700 | $225 |
| Median of 50 states | 0.79% | $790 | $2,370 | $198 |
| Lowest (Hawaii) | 0.29% | $290 | $870 | $73 |
What this calculator does and does not do
The estimate is a home value multiplied by a state average rate, so it shows the typical tax for a state rather than your bill. Assessed value, exemptions, caps, local levies, assessment ratios and appeals all change a real bill and are not modelled here. The county assessor or tax collector governs what you owe, and the rates are labelled 2024 survey data. Eight state pages add county tables for Texas, New Jersey, Illinois, New York, California, Florida, Pennsylvania and Ohio.
How property tax is calculated
Local governments set the tax: the assessor values your property, exemptions such as a homestead exemption may reduce the taxable value, and the tax rate (often written as a millage rate) is applied to the result. Because assessed value is frequently lower than market value, the effective rate on market value is usually lower than the nominal rate. This calculator uses effective rates, so you can multiply them directly by a home's market value.
Why property taxes differ so much between states
States that have no or low income tax, or that rely on local schools and services funded by property tax, tend to charge more: Texas, for example, has no state income tax and an effective rate well above the national average. Some states cap how fast assessed values can rise, which lowers bills for long-time owners. Use the state pages for county-level figures in the largest states.
Learn more from an authoritative source:
InvestopediaTexas Sales Tax Calculator
Calculate Texas sales tax with the current 6.25% state rate and average local rate — add tax to a price or remove it from a total.
New York Paycheck Calculator
Estimate your 2026 New York take-home pay after federal income tax, Social Security, Medicare and state income tax — for any pay frequency.
New York State Income Tax Calculator
Estimate New York State income tax, plus the NYC or Yonkers local amount, from the 2026 brackets built into the tool, for single and joint filers.
New York Sales Tax Calculator
Calculate New York sales tax with the current 4% state rate and average local rate — add tax to a price or remove it from a total.
New York Property Tax Calculator
Estimate New York property tax by county using the latest effective rates — compare counties and the 1.3% state average.
Florida Paycheck Calculator
Estimate your 2026 Florida take-home pay after federal income tax, Social Security, Medicare — for any pay frequency.
Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →