2023 Competitiveness Redbook 2023 | Page 21

Effective Property Tax Rate on a Primary Residence in the State ’ s Largest City ( Payable 2021 )
Effective
2021 Median
Tax on
Rank
Tax Rate
Home Value
Median
Rank
1 Detroit , MI
3.265 %
$ 62,338
$ 2,035
41
2 Newark , NJ
3.227 %
$ 282,625
$ 9,119
2
3 Portland , OR
2.620 %
$ 468,929
$ 12,287
1
4 Milwaukee , WI
2.476 %
$ 144,033
$ 3,566
15
5 Bridgeport , CT
2.263 %
$ 199,519
$ 4,515
7
6 Des Moines , IA
2.262 %
$ 155,021
$ 3,507
17
7 Baltimore , MD
2.217 %
$ 185,671
$ 4,117
11
8 Omaha , NE
1.990 %
$ 185,165
$ 3,684
13
9 Houston , TX
1.689 %
$ 209,479
$ 3,539
16
10 Columbus , OH
1.660 %
$ 180,796
$ 3,001
24
11 Burlington , VT
1.617 %
$ 286,696
$ 4,635
6
12 Chicago , IL
1.566 %
$ 282,044
$ 4,417
8
13 Sioux Falls , SD
1.520 %
$ 223,515
$ 3,398
21
14 Wilmington , DE
1.365 %
$ 181,397
$ 2,476
32
15 Louisville , KY
1.331 %
$ 182,310
$ 2,426
34
16 Anchorage , AK
1.324 %
$ 322,320
$ 4,268
9
17 Kansas City , MO
1.322 %
$ 176,419
$ 2,333
35
18 Manchester , NH
1.298 %
$ 268,697
$ 3,487
18
19 Albuquerque , NM
1.278 %
$ 220,113
$ 2,814
25
20 Jacksonville , FL
1.270 %
$ 213,596
$ 2,712
28
21 Providence , RI
1.254 %
$ 253,293
$ 3,176
23
22 Minneapolis , MN
1.235 %
$ 301,189
$ 3,720
12
23 Oklahoma City , OK
1.226 %
$ 171,900
$ 2,108
40
24 Jackson , MS
1.221 %
$ 96,003
$ 1,172
48
25 Portland , ME
1.207 %
$ 351,702
$ 4,244
10
26 New York City , NY
1.198 %
$ 709,745
$ 8,501
3
27 Phoenix , AZ
1.197 %
$ 290,041
$ 3,473
19
28 Wichita , KS
1.195 %
$ 149,397
$ 1,786
46
29 Fargo , ND
1.190 %
$ 236,569
$ 2,814
25
30 Los Angeles , CA
1.164 %
$ 727,737
$ 8,470
4
31 Indianapolis , IN
1.146 %
$ 162,871
$ 1,867
45
32 Las Vegas , NV
1.134 %
$ 320,531
$ 3,636
14
33 Little Rock , AR
1.117 %
$ 178,760
$ 1,997
42
34 New Orleans , LA
0.997 %
$ 245,582
$ 2,448
33
35 Philadelphia , PA
0.980 %
$ 193,853
$ 1,899
43
36 Atlanta , GA
0.895 %
$ 388,082
$ 3,473
19
37 Virginia Beach , VA
0.888 %
$ 312,918
$ 2,780
27
38 Billings , MT
0.882 %
$ 250,134
$ 2,207
38
39 Charlotte , NC
0.854 %
$ 270,499
$ 2,310
36
40 Nashville , TN
0.822 %
$ 304,517
$ 2,503
30
41 Seattle , WA
0.806 %
$ 830,125
$ 6,694
5
42 Birmingham , AL
0.670 %
$ 104,125
$ 698
50
43 Cheyenne , WY
0.647 %
$ 215,576
$ 1,396
47
44 Boise , ID
0.643 %
$ 353,783
$ 2,273
37
45 Salt Lake City , UT
0.637 %
$ 413,232
$ 2,632
29
46 Charleston , WV
0.594 %
$ 130,500
$ 775
49
47 Denver , CO
0.531 %
$ 471,429
$ 2,503
30
48 Boston , MA
0.508 %
$ 658,754
$ 3,346
22
49 Charleston , SC
0.493 %
$ 383,216
$ 1,888
44
50 Honolulu , HI
0.300 %
$ 716,267
$ 2,149
39
Washington , DC
0.735 %
$ 672,700
$ 4,943
U . S . Average
1.293 %
$ 299,916
$ 3,455
Seattle ranked only 41st in the effective tax rate ( ETR , the tax levied on a property divided by its market value ) on residential property . Because of high house prices , however , the city ranked fifth highest in the amount of tax on the average house .
TABLE 14 Source : Minnesota Taxpayers Association / Lincoln Institute of Land Policy