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National and Local Property Tax Update -

March 9, 2017

Do you know how much you pay in property taxes as compared to other states? Each state has its own way they collect taxes – sales tax, property tax, income tax, etc. According to the U.S. Census Bureau, 2015 American Community Survey with NAHB Calculations, the median property taxes per state varies from $652 per year up to $8,180.  Furthermore, the amounts levied per $1,000 of home value ranged from 0.28% per $1,000 of home value to 2.13% - or $21.25 per $1,000 of home value. 

 

Below are the top highest states for property taxes.

Washington State ranks 13th with average annual property taxes paid of $3216 and average property taxes paid per $1,000 of home value.
 

If you would like to learn more about real estate taxes and how they vary from area to area in our county, contact me to learn more, call or text at 206-730-0962 or send an email to: nina.bjornstal@sothebysrealty.com.

 

 

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