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The Economic Times

Top News / The Economic Times

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U.S. Property taxes in 2026: Which states pay the most and the least

A WalletHub study reveals major differences in property taxes across the U.S., indicating that homeowners in high-tax states like New Jersey and Illinois pay thousands more annually compared to low-tax states such as Hawaii and Alabama. Even renters feel the impact, as local taxes indirectly impact rental prices. The analysis uses median home values and tax payments to calculate effective property tax rates, providing a clear comparison nationwide.

21 Feb 2026 1:10 am