Year

Rank

Trending

Effective Property Tax Rate (Residential)

U.S. Average

North Carolina

Effective Residential Property Tax Rate

Effective Property Tax Rate on a Residential Property

What does this mean?

This rate is the tax bill on individual homesteads. These properties are often given preferential treatment in the local tax code to incentivize private ownership.

Why does this matter?

Competitive residential taxes remain a commonly used cost of living indicator and thus remains a decision-making criterion for families contemplating a work related relocation, retirees seeking a new state to reside, or existing retirees and/or military completing their tours who want to remain in state.

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North Carolina Ranking

23 / 51

Source: Lincoln Institute of Land Policy

Effective Residential Property Tax Rate

State	2014-01	2015-01	2016-01	2017-01	2018-01	2019-01	2020-01
Alabama	0.63	0.66	0.67	0.67	0.66	1.45	0.67
Alaska	1.29	1.26	1.30	1.34	1.42	1.49	1.24
Arizona	1.09	1.23	1.18	1.26	1.27	2.57	1.22
Arkansas	1.14	1.13	1.15	1.11	1.12	1.40	1.11
California	1.20	1.18	1.18	1.18	1.18	1.17	1.19
Colorado	0.66	0.66	0.62	0.66	0.56	2.22	0.52
Connecticut	4.04	3.88	3.81	3.81	3.44	3.30	3.00
Delaware	1.35	0.70	0.71	0.72	1.44	1.06	1.44
District of Columbia	1.26	1.31	1.40	1.46	0.73	1.93	0.73
Florida	1.37	1.21	1.25	1.26	1.27	1.65	1.29
Georgia	1.53	1.36	1.13	1.08	1.10	1.51	0.94
Hawaii	0.30	0.30	0.31	0.31	0.31	1.02	0.31
Idaho	0.80	0.83	0.80	0.83	0.85	1.31	0.74
Illinois	1.72	1.59	1.49	1.64	1.63	3.51	1.54
Indiana	1.01	1.07	1.08	1.03	1.05	2.91	1.17
Iowa	2.21	2.39	2.30	2.26	2.30	3.27	2.41
Kansas	1.24	1.28	1.22	1.19	1.18	2.56	1.17
Kentucky	1.27	1.28	1.27	1.18	1.15	1.36	1.24
Louisiana	0.92	0.95	1.04	1.00	0.98	2.14	1.00
Maine	1.91	1.98	1.99	1.89	1.86	2.02	1.66
Maryland	2.12	2.09	2.09	2.07	2.16	2.80	2.22
Massachusetts	0.71	0.67	0.61	0.52	0.48	1.71	0.48
Michigan	3.98	3.81	3.82	3.63	3.28	3.77	2.83
Minnesota	1.47	1.42	1.39	1.35	1.33	2.92	1.37
Mississippi	1.43	1.46	1.52	1.56	1.41	2.67	1.48
Missouri	1.52	1.49	1.49	1.51	1.58	2.82	1.41
Montana	0.93	0.87	0.86	0.95	0.94	1.15	0.93
Nebraska	2.03	2.01	2.02	2.01	2.00	2.07	2.03
Nevada	1.13	1.13	1.14	1.14	1.14	1.12	1.12
New Hampshire	2.44	2.37	2.25	2.26	2.11	1.69	1.96
New Jersey	2.89	3.05	3.20	3.16	2.96	2.52	3.20
New Mexico	1.30	1.27	1.27	1.27	1.27	1.44	1.22
New York	1.10	1.13	1.16	1.18	1.16	1.32	1.21
North Carolina	1.21	1.16	1.12	1.04	0.98	0.95	0.90
North Dakota	1.16	1.23	0.98	1.05	1.07	1.08	1.20
Ohio	1.90	1.88	2.04	2.01	1.97	1.93	1.69
Oklahoma	1.17	1.18	1.18	1.18	1.18	1.36	1.24
Oregon	2.32	2.29	2.29	2.42	2.46	2.46	2.48
Pennsylvania	1.04	1.06	1.09	1.10	1.12	2.13	0.98
Rhode Island	1.71	1.74	1.71	1.69	1.80	3.61	1.29
South Carolina	0.72	0.76	0.76	0.50	0.51	1.86	0.48
South Dakota	1.36	1.23	1.35	1.55	1.53	1.24	1.53
Tennessee	1.94	1.84	1.84	1.85	0.79	1.05	0.90
Texas	1.85	1.76	1.78	1.80	1.78	2.29	1.73
Utah	0.86	0.85	0.83	0.79	0.73	1.27	0.65
Vermont	2.34	2.33	2.14	2.37	2.34	2.54	2.40
Virginia	0.92	0.92	0.88	0.90	0.91	0.99	0.91
Washington	0.94	0.87	0.88	0.84	0.89	0.77	0.82
West Virginia	0.75	0.76	0.77	0.76	0.73	1.85	0.59
Wisconsin	2.75	2.68	2.67	2.57	2.57	2.59	2.41
Wyoming	0.67	0.65	0.65	0.65	0.64	0.69	0.64
U.S. Average	1.48	1.46	1.44	1.44	1.40	1.93	1.35