New Jersey Has Highest Property Taxes in America, Oh Really?
New Jersey has the highest property taxes in the Nation ..... according to a new survey from Wallethub. Now this news may be something we know to be true here in Jersey, but maybe not in other parts of America.
According to Wallethub, the average American household spends $2,375 on property taxes for their homes each year, according to the U.S. Census Bureau
Some of the findings highlighted:
- Real-Estate Property Tax Rank: 51st
- Real-Estate Tax on Median State Home Value: $8,104
- Real-Estate Tax on Median U.S. Home Value: $5,064
New Jersey ranks highest in property taxes, Hawaii ranks as state with lowest average property taxes.
TOP 5 Highest Property Taxes
- New Jersey
- New Hampshire
TOP 5 Lowest Property Taxes
- District of Columbia
I actually feel my property taxes for my town, Little Egg Harbor, in Ocean County are not crazy .... reasonable for the nice town we live in .
HOW DO YOU FEEL ABOUT YOUR PROPERTY TAXES ?