How Much Are Property Taxes in Each State?
Even if you rent instead of own, property tax still is an important component of your housing cost. Your landlord will take the tax on his house – your home – into account to calculate your rent. So either way, the real-estate tax is a factor in your cost of living well worth considering. How high or low your effective real-estate tax is, varies by state. New Jersey has the highest rate, at 2.35%. Hawaii the lowest, at 0.27%.
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Originally published by HowMuch.net.
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