July 16, 2024

home property taxes
home property taxes

Homeowners who are frustrated with high property taxes may not want to head east. According to the 2009 State Business Tax Climate Index, New Jersey boasts the highest property taxes in the nation. The average per-capita tax for residents and business owners is $2,642, or 4.88 percent of the state’s average income. Connecticut, New Hampshire, Montana and New York were close behind, with averages of $2,393, $2,320, $2,175 and $2,124 respectively. Alabama and Arkansas had the lowest averages, at $477 and $527.

Wyoming is considered to have the best tax climate for businesses, along with South Dakota, Nevada, Alaska and Florida. Rhode Island, Ohio, California, New York and New Jersey ranked at the bottom.

San Diego California MLS listings

2 thoughts on “High Property Taxes … Head East

Comments are closed.