How California's property taxes compare with other states'

Suburban House

Here's a bright spot in the middle of tax season -- at least Californians, on average, don't have to

pay as much in property taxes as residents of Vermont, Michigan and New Jersey.

With an average tax of $1,431, California came in 17th in a nationwide ranking of property taxes in 2015, according to a report by consumer financial website WalletHub.

Hawaii had the cheapest property taxes with an average of $482; New Jersey was most expensive at $3,971, the website said.

WalletHub calculated each state's property tax rate by dividing the median real estate tax payment by the median home price.

Featured Posts
Recent Posts