New York counties pay steepest property taxes: report

New York /
Nov.November 26, 2013 08:38 AM

Counties in New York and New Jersey see the heftiest property taxes in the United States, according to a new study released by the Tax Policy Center last week. Residents of Westchester County, N.Y., pay on average $9,647 a year in property taxes — the highest in the country, the report shows. Residents of Nassau County, N.Y., and Bergen County, N.J., round out the top three, paying average annual property taxes of $9,080 and $8,893 respectively.

On the other end of the tax totem pole were Alabama and Louisiana, according to the study, which was compiled using data from the American Community Survey. Indeed, of the 24 counties nationwide with average annual property taxes below $250, almost all were in these two states.

Across the country, 60 percent of counties had average annual property taxes of between $500 and $1500, according to the study, seen by CNNMoney. [CNNMoney]  – Hiten Samtani


Related Articles

arrow_forward_ios
Reynolds Asset Management's Lou Reynolds and 7-15 W Main St in Bound Brook, NJ (Illustration by Kevin Cifuentes for The Real Deal with Getty Images, Loopnet, Reynolds Assets Management)
Tri-state roundup: These New Jersey and Long Island deals aren’t turkeys
Tri-state roundup: These New Jersey and Long Island deals aren’t turkeys
Coach Realtors' Mary Alice Ruppert (Coach Realtors Associate, Getty)
Sellers relent: Long Island home price cuts at 3-year high
Sellers relent: Long Island home price cuts at 3-year high
(Illustration by The Real Deal with Getty)
What crash? Long Island home prices stronger than ever
What crash? Long Island home prices stronger than ever
Breslin Realty's Wilbur F. Breslin; property south of Sunrise Highway between Grand and Harrison Avenues (Google Maps, Breslin Realty, Getty)
Breslin’s transit-oriented development advances on Long Island
Breslin’s transit-oriented development advances on Long Island
Village of Lawrence mayor Alex Edelman (Facebook, Getty)
Shovels down! Hempstead Town halts development in two villages
Shovels down! Hempstead Town halts development in two villages
Cleveland Avenue fields in Freeport, LI and New York AG Letitia James (Google Maps, Getty)
AG jumps into Freeport ballfield fray
AG jumps into Freeport ballfield fray
Town of Oyster Bay supervisor Joseph Saladino (Town of Oyster, Google Maps, iStock)
Owners reject offer for parking lot by LIRR, so town moves to seize it
Owners reject offer for parking lot by LIRR, so town moves to seize it
Prologis' Hamid Moghadam with 600 Grumman Road West (Prologis, Google Maps, iStock)
Prologis buys Nassau site for $51M, plans project
Prologis buys Nassau site for $51M, plans project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...