2025 Competitiveness RedbookLive | Page 21

Effective Property Tax Rate on a Primary Residence in the State ’ s Largest City ( Payable 2023 )
Effective
2022 Median
Tax on
Rank
Tax Rate
Home Value
Median
Rank
1 Detroit , MI
3.132 %
$ 83,600
$ 2,618
38
2 Newark , NJ
3.051 %
$ 344,800
$ 10,520
3
3 Bridgeport , CT
3.042 %
$ 249,200
$ 7,581
6
4 Portland , OR
2.568 %
$ 562,500
$ 14,445
1
5 Baltimore , MD
2.043 %
$ 210,300
$ 4,296
16
6 Milwaukee , WI
2.008 %
$ 174,600
$ 3,506
22
7 Burlington , VT
2.005 %
$ 383,300
$ 7,685
5
8 Omaha , NE
1.983 %
$ 243,800
$ 4,835
12
9 Des Moines , IA
1.772 %
$ 178,600
$ 3,165
28
10 Manchester , NH
1.663 %
$ 354,200
$ 5,890
9
11 Chicago , IL
1.544 %
$ 313,300
$ 4,837
10
12 Jacksonville , FL
1.458 %
$ 301,000
$ 4,389
15
13 Columbus , OH
1.411 %
$ 248,900
$ 3,512
21
14 Albuquerque , NM
1.404 %
$ 288,700
$ 4,053
18
15 Kansas City , MO
1.340 %
$ 239,400
$ 3,208
27
16 Sioux Falls , SD
1.307 %
$ 274,600
$ 3,589
19
17 Anchorage , AK
1.300 %
$ 367,900
$ 4,783
13
18 Oklahoma City , OK
1.297 %
$ 227,300
$ 2,948
32
19 Portland , ME
1.287 %
$ 460,700
$ 5,929
8
20 Jackson , MS
1.271 %
$ 114,700
$ 1,458
49
21 Houston , TX
1.260 %
$ 267,000
$ 3,364
24
22 Minneapolis , MN
1.225 %
$ 347,300
$ 4,254
17
23 New York City , NY
1.205 %
$ 724,400
$ 8,729
4
24 Fargo , ND
1.192 %
$ 257,500
$ 3,069
30
25 Los Angeles , CA
1.190 %
$ 903,700
$ 10,754
2
26 Louisville , KY
1.184 %
$ 229,400
$ 2,716
37
27 Wilmington , DE
1.168 %
$ 217,300
$ 2,538
39
28 Las Vegas , NV
1.134 %
$ 426,400
$ 4,835
11
29 Little Rock , AR
1.133 %
$ 215,000
$ 2,436
41
30 Wichita , KS
1.125 %
$ 187,800
$ 2,113
45
31 Indianapolis , IN
1.112 %
$ 216,700
$ 2,410
42
32 Phoenix , AZ
1.084 %
$ 429,200
$ 4,653
14
33 New Orleans , LA
0.950 %
$ 302,700
$ 2,876
34
34 Providence , RI
0.917 %
$ 359,600
$ 3,298
25
35 Charleston , WV
0.847 %
$ 172,800
$ 1,464
48
36 Billings , MT
0.841 %
$ 323,900
$ 2,724
36
37 Philadelphia , PA
0.838 %
$ 237,900
$ 1,994
47
38 Atlanta , GA
0.829 %
$ 424,600
$ 3,520
20
39 Virginia Beach , VA
0.824 %
$ 370,300
$ 3,051
31
40 Seattle , WA
0.750 %
$ 924,200
$ 6,932
7
41 Charlotte , NC
0.709 %
$ 385,600
$ 2,734
35
42 Birmingham , AL
0.678 %
$ 125,500
$ 851
50
43 Cheyenne , WY
0.638 %
$ 320,800
$ 2,047
46
44 Boise , ID
0.626 %
$ 499,000
$ 3,124
29
45 Nashville , TN
0.581 %
$ 432,400
$ 2,512
40
46 Denver , CO
0.539 %
$ 599,500
$ 3,231
26
47 Salt Lake City , UT
0.520 %
$ 563,300
$ 2,929
33
48 Boston , MA
0.495 %
$ 701,400
$ 3,472
23
49 Charleston , SC
0.475 %
$ 496,700
$ 2,359
43
50 Honolulu , HI
0.256 %
$ 874,500
$ 2,239
44
Dist . of Columbia
0.731 %
$ 711,100
$ 5,198
U . S . Average
1.122 %
$ 369,978
$ 4,150
TABLE 14 Source : Minnesota Taxpayers Association / Lincoln Institute of Land Policy
Seattle ranked only 40th 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 .