What countries and American states have the highest and lowest property taxes?
Are there any American states or countries in the world that have no property taxes?
For the most part the further south and west you go the taxes go down quite a bit. At least until you hit California. The key is looking at how many other taxes exist to offset the low property taxes. California is relatively low compared to the Tri-State area. Yet there's plenty of other costs that are substantial. State Income, Sales, Estate, small business taxes etc.
I believe the three lowest in terms of just property taxes are LA, AL & WV.
NY, NJ, & CT have to be in the top three or four. I live in NY and I am over 12k a year in property taxes on house that is about 2,500 square ft.
Great answer. Do you know of any place where I can see the numbers on these taxes? For example, when you say that LA, AL and WV are low, what number are they?
Thanks LandmarkWealth. I had never heard of The Tax Foundation before, but they do indeed have that information (for example see http://bit.ly/OF7JQj).
No Problem...Another good resource for more complete tax info on a variety of issues is the tax policy center.
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