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Are Your State’s Property Taxes Too High?

Other than their mortgage, most home owners’ largest home-related expense is their property tax bill. And it’s no secret that when it comes to property taxes, some states are much harsher than others. Consider this: In 2009, New Jersey home owners paid an average of 27 times more in property taxes than property owners in Louisiana. Ouch.

In this interactive infographic, we not only give you the median property tax paid by homeowners in each state, but put those numbers in perspective. For each state, we show annual tax payments as a percentage of median annual income, as well as as a percentage of median property values. How does your state rank? See below to find out.

Mortgages –

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