Boston Real Estate Blog

Sponsored by John Ford Realty
137 Charles Street, Boston
151 Tremont Street

The highest property taxes in the US

Boston real estate

Boston real estate

CNN Monay has a good chart, via the Tax Policy Center, on the highest property taxes by state and by county in the US.

The good news: Massachusetts isn’t No. 1. The bad news: It’s No. 7, as measured by mean dollars paid per housing unit.

Guess which New England state is ranked No. 2? New Hampshire. Sure, they don’t have a sales or income taxes in the Granite State. But they do have extremely high property taxes. The average rate in Massachusetts, for instance, is $3,805, while the average in N.H. is $5,230.

Who’s the worst? New York’s Westchester County at $9,647. New York and New Jersey generally seem to have the highest rates by far.

File under: Thank goodness for Proposition 2.5

Note: The entire Tax Policy Center study (pdf) can be found here. Screen-capture chart above via CNN Money; click on first link to get to CNN Money’s interactive map.