Property Taxes Highest in Illinois, Lowest in Hawaii

From 24/7 Wall Street — llinois claims the highest property tax rate among the 50 states and the District of Columbia at 2.67%, which works out to $2,670 for every $100,000 in value. Hawaiians pay the lowest property taxes, just 0.31%, or just $310 per $100,000 in valuation. The national median property tax rate is 1.31%, or $1,310 per $100,000 in valuation.

The data were reported Wednesday by CoreLogic, which noted that property tax rates not only differ in amounts from state to state, but also in how many agencies get a piece of the pie.

To read more, click here.