The average American household spends over $2,000 on real-estate property taxes each year. So, it should come as no surprise that almost $12 billion in property taxes go unpaid each year. The economic website Wallethub recently ranked states according to how high their real estate taxes are.
Of High Plains states, Colorado had the highest property taxes, falling at number 8 on the list. Oklahoma was next, landing at number 21. Kansas was much farther down on the list, at number 37. Nebraska was near the bottom, at number 45. And Texas has the lowest property taxes in the HPPR listening area, landing at number 47 on the list.
Hawaii and Alabama have the highest property taxes in the US. New Jersey has the lowest.
WalletHub’s analysts compared states using U.S. Census Bureau data to determine real-estate property tax rates.