If you own a house, you must pay property taxes on it. But what if you could move somewhere the taxes aren’t too expensive? Here are the top 10 best states for low property taxes!
Hawaii
Hawaii is known for having the lowest property tax rate, which comes in at 0.29%. You can live in one of the most beautiful states and not have to pay too much when tax season comes by! I think anyone would love to consider living in Hawaii, so this is just another plus. I know you want to move there, so you should do it!
Alabama
Alabama is a place where you don’t have to pay too much on your property taxes. You will only have to pay 0.41% and you can live in a great state. It also doesn’t cost as much to buy a home in Alabama! You could move there and actually get all four seasons of the year.
Colorado
Colorado is known for its beautiful scenery with its luscious hills, big trees, and a lot of grass. It is also known for its low property tax rate, which is at 0.51%. Move to Colorado, see some of the sights, and take in the savings!
Nevada
Nevada has vast deserts and also casinos where you can win big money. It also has a property tax rate of 0.55%! Living there is not for the faint of heart, you have to be able to withstand the heat and the possibility of losing money (that’s if you like to test your luck with games at casinos). However, it might be worth it if you don’t have to spend a lot on your property taxes.
South Carolina
South Carolina is called the Palmetto State, due to its state tree. You luckily won’t have to live in a tree if you move there because the property tax rate is 0.56%, making it highly affordable. South Carolina is calling, will you answer the call? You should because you might even get to live by the beach!
Louisiana
Louisiana has Bayous that are full of wildlife and have many opportunities for exploration. It also has a low property tax rate of 0.56%. Enjoy the swamp life year-round in Louisiana! If the swamp lands are not what will get you to the state, think of the culture and amazing food. Now you probably want to live there even more.
Washington D.C.
Washington D.C. is technically not a state (as of this posting). But it is a place where people live and our nation’s capital has a 0.57% property tax rate. Imagine living close to where a lot of our governing happens. Or if you are more into the sites to be seen, think about all the cool national monuments that are housed in D.C.
Utah
Utah has many wonderful sights for you to see. You can climb so many rock formations, it’s not even funny! You can also get a property tax rate of 0.58%, making it the best place to go on your next moving adventure. Did I mention that there are a lot of rock formations? I mean there are ones that go one for miles!
Read More: The 10 Most Overlooked Tax Deductions
Delaware
Delaware is small but mighty! So is the property tax rate, which is only 0.58%. Delaware might just be one of the best states to own property in. Imagine this, getting a beautiful fall with trees full of multi-colored leaves. And a winter that is quite cold, but not as bad as some other states.
Read More: Simple Advice: How to Deal With Tax Debt
West Virginia
West Virginia is the last addition to our list, with the property tax rate coming in at 0.59%. Now if it weren’t known as one of the worst places to live, it might be worth moving there. Sorry, West Virginia!
Read More: 20 Mistakes to Avoid When Selling Your Home
