Home Buying

Report: Mass. has the country’s 17th highest property tax rate

The effective real estate tax rate in Mass. is high, but in most other New England states it's even higher.

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WalletHub’s 2025 Property Taxes by State report, published last week, indicates that Mass. pays the 17th highest property taxes in the country out of the 50 states and Washington D.C., with homeowners paying 1.11% of their home’s value in residential property taxes.

That’s over three times the property tax rate of Hawaii, which has the lowest in the country (0.27%).

Mass.’s rate is high: WalletHub estimates that on a home priced at the state median value of $525,800, the household pay $5,813 annually. But head to almost anywhere else in New England, and be prepared for even higher property tax rates: Rhode Island ranks 13th highest at 1.32%, Vermont fifth at 1.71%, New Hampshire fourth at 1.77%, and Connecticut, nearly at the very highest of the list, third with a residential property tax rate of 1.92%. Maine is one spot lower than Mass., but barely, with only a 0.01% difference.

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See the full list from WalletHub below:


Rank

(1=Lowest)



State



Effective Real-Estate Tax Rate



Annual Taxes on $303.4K Home*



State Median Home Value



Annual Taxes on Home Priced at State Median Value


1Hawaii0.27%$820$808,200$2,183
2Alabama0.38%$1,148$195,100$738
3Nevada0.49%$1,472$406,100$1,970
3Colorado0.49%$1,479$502,200$2,448
5South Carolina0.51%$1,537$236,700$1,199
6Arizona0.52%$1,571$358,900$1,858
7Delaware0.53%$1,607$326,800$1,731
7Idaho0.53%$1,619$376,000$2,006
7Utah0.53%$1,608$455,000$2,412
10West Virginia0.54%$1,628$155,600$835
11Tennessee0.55%$1,654$256,800$1,400
11Louisiana0.55%$1,666$208,700$1,146
13Arkansas0.57%$1,736$175,300$1,003
14District of Columbia0.58%$1,750$724,600$4,180
14Wyoming0.58%$1,765$285,100$1,659
16North Carolina0.70%$2,123$259,400$1,815
17California0.71%$2,149$695,400$4,926
18New Mexico0.72%$2,181$232,200$1,669
19Indiana0.74%$2,251$201,600$1,496
19Mississippi0.74%$2,235$161,400$1,189
19Virginia0.74%$2,259$360,700$2,686
22Montana0.75%$2,275$338,100$2,535
23Kentucky0.77%$2,322$192,300$1,472
24Florida0.79%$2,385$325,000$2,555
25Georgia0.81%$2,461$272,900$2,214
26Oklahoma0.82%$2,481$185,900$1,520
27Oregon0.83%$2,516$454,200$3,767
28Washington0.84%$2,545$519,800$4,361
29Missouri0.88%$2,655$215,600$1,887
30North Dakota0.99%$3,010$241,100$2,392
31Maryland1.00%$3,043$397,700$3,989
32Minnesota1.04%$3,162$305,500$3,184
33South Dakota1.09%$3,318$236,800$2,590
34Maine1.10%$3,332$266,400$2,926
35Massachusetts1.11%$3,354$525,800$5,813
36Alaska1.14%$3,445$333,300$3,785
37Michigan1.28%$3,897$217,600$2,795
38Kansas1.30%$3,942$203,400$2,643
39Rhode Island1.32%$3,993$368,800$4,854
40Pennsylvania1.35%$4,089$240,500$3,241
41Ohio1.36%$4,131$199,200$2,712
42Iowa1.43%$4,329$195,900$2,795
43Nebraska1.50%$4,542$223,800$3,350
44Wisconsin1.51%$4,594$247,400$3,746
45Texas1.58%$4,790$260,400$4,111
46New York1.60%$4,856$403,000$6,450
47Vermont1.71%$5,176$290,500$4,956
48New Hampshire1.77%$5,375$367,200$6,505
49Connecticut1.92%$5,813$343,200$6,575
50Illinois2.07%$6,285$250,500$5,189
51New Jersey2.23%$6,770$427,600$9,541

*$303,400 is the median home value in the U.S. based on the most recent available data.

On average, American households pay $2,969 for real estate taxes on their home each year according to the U.S. Census Bureau data, and 26 states also have a vehicle property tax, which averages out to an additional $492 per year.

Massachusetts is one of those states, with a vehicle tax rate of about 2.25%. Maine, New Hampshire, and Connecticut also have vehicle property taxes, while Vermont and Rhode Island do not.

WalletHub’s data from previous years shows that the New England area and Northeast as a whole have not seen significant changes to real estate tax rates since data collection began in 2010.

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WalletHub used U.S. Census Bureau data to calculate real estate tax rates. For each state, the company divided “median real-estate tax payment” by the “median home price.” The site used the calculated rate to find the amount paid in real estate tax for a property worth $303,400, the median value for the home in the U.S. in 2023, the most recent data available.

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