Property Taxes by State 2026: All 50 Rates Compared
Property Taxes by US State in 2026: Where They Are Highest, Lowest and What Homeowners Pay Each Month United States | October 22, 2026 Two families purchase homes for the same $400,000 price. One lives in New Jersey. The other lives in Hawaii. They may have similar mortgage balances, but their property-tax bills can be dramatically different. Using statewide effective property-tax rates published in February 2026, a $400,000 home would carry an illustrative annual property-tax cost of approximately $8,440 in New Jersey and $1,080 in Hawaii. That represents around $703 a month versus $90 a month. The difference is approximately $613 every month. Of course, real tax bills are not calculated by simply applying the statewide average to every home. Local tax districts, property assessment rules, homestead exemptions and property values matter. Still, a consistent state-by-state comparison shows why homeowners should include property taxes when deciding how much house they can afford. This g...