How the Property Tax Burden Varies from State to State

This article in 24/7 Wall Street by Tom Frohlich discusses the differing property tax burdens among the 50 states and ranks the states from the highest to the lowest property tax burden. As the article suggests, many factors play into each states' property tax burden, including what other taxes they have, or don't have, to fund government operations, the presence of large municipalities, the level of property values, etc. By way of example, some states do not have income taxes to rely on to fund government, and others do not have as many large municipalities which generally generate a greater call for government services that have to be paid for.

It is an interesting read. As you'll see, North Carolina ranks just higher than the median, listed as having the 30th highest effective property tax rate. 


About the Author

John Cocklereece headshot

John A. Cocklereece, Jr.

John Cocklereece concentrates his practice on property tax appeals, business law, tax controversies, and estate planning and administration.
Email John