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Which State Has the Lowest Property Tax Rates?

Missouri falls in about the middle of the states in the U.S. in terms of real property taxes based upon the effective rate.  As the first table below shows, Missouri, with an effective property tax rate of 1.04% in 2018, comes in at the 27th lowest state.  Hawaii is at the top of the list with the lowest effective tax rate at 0.37% and New Jersey comes in last with the highest property tax rate at 2.25%.  Right behind New Jersey, is our neighbor to the east, Illinois, where the effective property tax rate is 2.22%, over twice as high as Missouri.

Real Property Taxes In U.S. – 2018 By State – Top 10

(Click on the table for the complete list)

Date Source ATTOM Data Solutions
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