Arizona ranked 13th in the nation in a recent WalletHub analysis of property tax rates among the 50 states and the District of Columbia.
On average, American households pay nearly $2,300 in property taxes on their homes annually, according the WalletHub study. Meanwhile, Americans fail to pay more than $14 billion in property taxes annually, according to the National Tax Lien Association.
In Arizona, the effective property tax rate was 0.72 percent, meaning that the annual tax bill on a $194,000 home was $1,400, WalletHub reported. The median home value in Arizona was estimated at $193,200, and owners of median-value homes paid $1,398 in property taxes annually.
Nationwide as of 2017, the median home value stood at $193,500, according to the study. Property tax rankings of red states tended to be about four points lower than blue states, WalletHub reported.
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Which States Have the Lowest Real Estate Property Tax Rates?
Rank | State | Effective Property Tax Rate | Annual Taxes on $194,000 home | State Median Home Value | Annual Taxes on Home Priced at State Median Value |
1 | Hawaii | 0.27% | $525 | $563,900 | $1,529 |
2 | Alabama | 0.42% | $817 | $132,100 | $558 |
3 | Louisiana | 0.52% | $1,006 | $152,900 | $795 |
4 | Colorado | 0.55% | $1,065 | $286,100 | $1,575 |
4 | District of Columbia | 0.55% | $1,055 | $537,400 | $2,930 |
6 | Delaware | 0.56% | $1,078 | $238,600 | $1,329 |
7 | South Carolina | 0.57% | $1,108 | $148,600 | $851 |
8 | West Virginia | 0.59% | $1,132 | $111,600 | $653 |
9 | Wyoming | 0.61% | $1,186 | $204,900 | $1,256 |
10 | Arkansas | 0.63% | $1,213 | $118,500 | $743 |
11 | Utah | 0.66% | $1,280 | $238,300 | $1,576 |
12 | Nevada | 0.69% | $1,331 | $216,400 | $1,489 |
13 | Arizona | 0.72% | $1,400 | $193,200 | $1,398 |
14 | Tennessee | 0.74% | $1,429 | $151,700 | $1,120 |
15 | Idaho | 0.75% | $1,447 | $176,800 | $1,322 |
16 | California | 0.77% | $1,490 | $443,400 | $3,414 |
17 | New Mexico | 0.78% | $1,502 | $163,900 | $1,272 |
18 | Virginia | 0.80% | $1,550 | $255,800 | $2,049 |
18 | Mississippi | 0.80% | $1,556 | $109,300 | $879 |
20 | Montana | 0.84% | $1,625 | $209,100 | $1,756 |
21 | North Carolina | 0.86% | $1,656 | $161,000 | $1,378 |
21 | Kentucky | 0.86% | $1,667 | $130,000 | $1,120 |
23 | Indiana | 0.87% | $1,679 | $130,200 | $1,130 |
24 | Oklahoma | 0.90% | $1,737 | $125,800 | $1,129 |
25 | Georgia | 0.91% | $1,769 | $158,400 | $1,448 |
26 | Florida | 0.98% | $1,897 | $178,700 | $1,752 |
27 | Missouri | 0.99% | $1,910 | $145,400 | $1,435 |
28 | North Dakota | 1.01% | $1,962 | $174,100 | $1,765 |
29 | Washington | 1.03% | $1,996 | $286,800 | $2,958 |
30 | Oregon | 1.04% | $2,006 | $265,700 | $2,755 |
31 | Maryland | 1.10% | $2,126 | $296,500 | $3,257 |
32 | Minnesota | 1.15% | $2,225 | $199,700 | $2,296 |
33 | Alaska | 1.19% | $2,303 | $261,900 | $3,117 |
34 | Massachusetts | 1.22% | $2,365 | $352,600 | $4,309 |
35 | South Dakota | 1.32% | $2,550 | $152,700 | $2,012 |
36 | Maine | 1.35% | $2,619 | $179,900 | $2,435 |
37 | Kansas | 1.40% | $2,713 | $139,200 | $1,952 |
38 | Iowa | 1.53% | $2,960 | $137,200 | $2,099 |
39 | Ohio | 1.57% | $3,042 | $135,100 | $2,124 |
40 | Pennsylvania | 1.58% | $3,054 | $170,500 | $2,691 |
41 | Michigan | 1.64% | $3,179 | $136,400 | $2,241 |
42 | Rhode Island | 1.66% | $3,206 | $242,200 | $4,013 |
43 | New York | 1.68% | $3,246 | $293,000 | $4,915 |
44 | Nebraska | 1.80% | $3,485 | $142,400 | $2,565 |
45 | Texas | 1.83% | $3,544 | $151,500 | $2,775 |
45 | Vermont | 1.83% | $3,544 | $220,600 | $4,040 |
47 | Wisconsin | 1.94% | $3,756 | $169,300 | $3,286 |
48 | Connecticut | 2.07% | $3,999 | $270,100 | $5,582 |
49 | New Hampshire | 2.20% | $4,257 | $244,900 | $5,388 |
50 | Illinois | 2.31% | $4,476 | $179,700 | $4,157 |
51 | New Jersey | 2.44% | $4,725 | $321,100 | $7,840 |