Wealthy Living

The Top 20 States That Collect the Most in Property Taxes Story

Real estate platform ZeroDown examined data from the Census Bureau’s annual State Government Tax Collections Survey to see how much money states collect in property taxes.

It’s important to note there are 14 states that do not collect property taxes at the state level.

And while states with the most expensive properties, such as New York and New Jersey, have some of the highest property tax rates in the country, their revenues are divided among local governments such as cities or counties.

In most states, property taxes, which are paid on property (either by an individual or corporation) based on its value, account for only a small portion of revenues.

States that Collect the Most in US Property Taxes

#20 West Virginia

– Property tax as share of total revenues: 0.13% – 2021 total property tax revenues: $8.1 million

West Virginia is known for its Appalachian Mountain  vistas, as well as the organized labor and environmental legacies of its coal industry.

#19. Missouri

– Property tax as share of total revenues: 0.25% – 2021 total property tax revenues: $37.4 million

Kansas City, Missouri, is often touted as one of the best places in the U.S. for blues and barbecue. The Show-Me State is also one of the most affordable places in the country for down-payment-saving millennials and Gen Zers to buy a starter home.

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