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Study: Fla. Property Taxes Average Compared to Other States

Overall, Florida ranks near the middle for property taxes No. 27 out of 50 states even though it's one of only a handful of states without a personal income tax.

By Toby Tobin

WASHINGTON – March 2, 2017 – The average American household spends $2,149 on real estate property taxes each year, plus another $402 for residents of the 27 states with vehicle property taxes. With such high costs, it's no surprise that about $11.8 billion in property taxes go unpaid each year, according to the National Tax Lien Association.

To determine who pays the most relative to their state, WalletHub, a personal-finance website created a 2017 Property Taxes by State report.

Overall, Florida ranks near the middle for property taxes – No. 27 out of 50 states – even though it's one of only a handful of states without a personal income tax. In addition, WalletHub looked at vehicle property taxes paid each year, and Florida is one of the 24 states that don't charge any vehicle tax.

  • Real-estate property tax rank: No. 27
  • Vehicle property tax rank: No. 1
  • Real estate tax on median state home value: $1,686
  • Real estate tax on median U.S. home value: $1,894
  • Vehicle property tax on best-selling car: $0.00

© 2017 Florida Realtors. All rights reserved. Reprinted with permission.

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Don "Toby" Tobin is a licensed real estate professional affiliated with Grand Living Realty. Toby is a member of the Flagler County Association of Realtors®, the Florida Association of Realtors, Enterprise Flagler, Flagler Home Builders Association, and the National Association of Realtors.

GoToby.com proivdes real estate news, commentary, and analysis for Palm Coast and Flagler Country Florida, as well as Realtor® referrals and consultation to buyers, sellers, and developers.