2024 Competitiveness Redbook | Page 21

Effective Property Tax Rate on a Primary Residence in the State ’ s Largest City ( Payable 2022 )
Effective
2021 Median
Tax on
Rank
Tax Rate
Home Value
Median
Rank
1 Detroit , MI
3.206 %
$ 69,300
$ 2,222
42
2 Newark , NJ
3.200 %
$ 323,200
$ 10,343
2
3 Bridgeport , CT
3.042 %
$ 222,800
$ 6,776
6
4 Portland , OR
2.588 %
$ 520,200
$ 13,461
1
5 Milwaukee , WI
2.186 %
$ 160,100
$ 3,500
19
6 Baltimore , MD
2.133 %
$ 193,100
$ 4,118
13
7 Burlington , VT
2.090 %
$ 338,100
$ 7,067
5
8 Omaha , NE
2.006 %
$ 211,900
$ 4,251
12
9 Des Moines , IA
1.928 %
$ 165,100
$ 3,184
24
10 Manchester , NH
1.753 %
$ 321,300
$ 5,632
8
11 Columbus , OH
1.614 %
$ 219,200
$ 3,538
18
12 Houston , TX
1.559 %
$ 236,700
$ 3,689
17
13 Chicago , IL
1.524 %
$ 297,300
$ 4,532
10
14 Albuquerque , NM
1.361 %
$ 251,500
$ 3,423
21
15 Sioux Falls , SD
1.348 %
$ 249,600
$ 3,364
22
16 Kansas City , MO
1.327 %
$ 213,400
$ 2,832
29
17 Jacksonville , FL
1.259 %
$ 239,400
$ 3,013
25
17 Minneapolis , MN
1.259 %
$ 319,100
$ 4,017
15
19 Wilmington , DE
1.254 %
$ 200,900
$ 2,518
35
20 Anchorage , AK
1.245 %
$ 346,200
$ 4,312
11
21 Jackson , MS
1.238 %
$ 101,500
$ 1,256
49
22 Oklahoma City , OK
1.232 %
$ 190,900
$ 2,352
37
23 New York City , NY
1.219 %
$ 685,700
$ 8,356
4
24 Fargo , ND
1.212 %
$ 238,600
$ 2,891
27
25 Portland , ME
1.172 %
$ 443,000
$ 5,192
9
26 Wichita , KS
1.165 %
$ 165,700
$ 1,930
45
27 Los Angeles , CA
1.155 %
$ 812,800
$ 9,392
3
28 Little Rock , AR
1.141 %
$ 191,700
$ 2,187
43
29 Las Vegas , NV
1.134 %
$ 362,400
$ 4,111
14
30 Louisville , KY
1.129 %
$ 203,900
$ 2,302
39
31 Indianapolis , IN
1.116 %
$ 188,700
$ 2,106
44
32 Phoenix , AZ
1.088 %
$ 352,600
$ 3,835
16
33 Philadelphia , PA
1.011 %
$ 220,700
$ 2,231
41
34 New Orleans , LA
0.941 %
$ 279,100
$ 2,627
34
35 Billings , MT
0.932 %
$ 290,000
$ 2,704
32
36 Atlanta , GA
0.917 %
$ 375,500
$ 3,445
20
37 Virginia Beach , VA
0.885 %
$ 328,500
$ 2,907
26
38 Charleston , WV
0.847 %
$ 157,000
$ 1,330
48
39 Nashville , TN
0.814 %
$ 346,700
$ 2,820
30
40 Providence , RI
0.812 %
$ 291,200
$ 2,364
36
41 Seattle , WA
0.784 %
$ 848,100
$ 6,650
7
42 Charlotte , NC
0.717 %
$ 321,400
$ 2,305
38
43 Birmingham , AL
0.678 %
$ 117,600
$ 797
50
44 Cheyenne , WY
0.645 %
$ 276,100
$ 1,780
47
45 Boise , ID
0.622 %
$ 460,200
$ 2,864
28
46 Salt Lake City , UT
0.577 %
$ 459,800
$ 2,651
33
47 Denver , CO
0.519 %
$ 541,500
$ 2,808
31
48 Boston , MA
0.490 %
$ 659,700
$ 3,234
23
49 Charleston , SC
0.442 %
$ 420,800
$ 1,858
46
50 Honolulu , HI
0.293 %
$ 781,600
$ 2,287
40
Washington , DC
0.729 %
$ 669,900
$ 4,883
U . S . Average
1.321 %
$ 325,828
$ 3,841
TABLE 14 Source : Minnesota Taxpayers Association / Lincoln Institute of Land Policy
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 7th highest in the amount of tax on the average house .