Property Taxes By State in 2026

KEY TAKEAWAYS

• Property tax rates vary by state, with some states having significantly higher or lower rates that impact overall homeownership costs.
• Property taxes are calculated based on the state tax rate, assessment ratio, and property value, so it’s important to understand how these factors affect your annual tax bill.
• Certain states offer lower property tax rates, which can be beneficial for homeowners and real estate investors looking to reduce expenses.
• Use our 2026 property tax tables below to compare effective rates in all 50 states, for both owner-occupied homes and investment properties.
• Investment properties are taxed at higher effective rates than primary residences in 18 states plus D.C. In the widest-gap states, investors pay double or more the owner-occupied rate.