States With No Property Tax 2019
If you live in the United States, you’re already familiar with paying taxes. Every working adult pays federal income taxes and depending on the state you live in; you may have state taxes to pay, as well.
In addition to income taxes, you may also have to pay property taxes on your vehicle and your house. These taxes are used to fund schools, roads, infrastructure, and other essential things used throughout the state.
Unfortunately, every state has some form of property taxes. While there are a few states that do not have property taxes on vehicles, residents of those states do have to pay taxes on their homes. Some states have very low property taxes but may have higher taxes elsewhere, such as a gas tax or higher sales or income taxes.
Let’s take a look at the states with the lowest property tax rates in the nation, starting with the states that have no property taxes on vehicles.
Twenty-three states do not charge property taxes on vehicles. Washington, D.C. also does not charge taxes on cars. The 23 states with no property taxes on cars are:
- New Jersey
- New Mexico
- New York
- North Dakota
- South Dakota
Unfortunately, there aren’t any states that don’t have property taxes on houses. However, some states have much lower rates than others. The lowest property real estate taxes in the United States are found in Hawaii, which has a tax rate of 0.27%. Alabama has the second-lowest rate at 0.43%, with Louisiana coming in third at 0.51%.
There are several other states with real estate property tax rates less than 1%. Those states are:
- South Carolina
- West Virginia
- New Mexico
- North Carolina
Washington, D.C. also has a real estate tax rate of less than 1%.