{"id":61789,"date":"2025-07-13T08:36:11","date_gmt":"2025-07-13T08:36:11","guid":{"rendered":"https:\/\/www.europesays.com\/us\/61789\/"},"modified":"2025-07-13T08:36:11","modified_gmt":"2025-07-13T08:36:11","slug":"new-jersey-has-highest-property-taxes-in-us","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/61789\/","title":{"rendered":"New Jersey has highest property taxes in US"},"content":{"rendered":"

Property taxes\u00a0are one of the most significant ongoing expenses <\/a>homeowners face.<\/p>\n

The taxes are meant to fund local government services such as infrastructure, schools, and other essential systems.<\/p>\n

The specific fee is calculated based on a home\u2019s value and its location, though the amount can vary annually based on local tax laws and the home\u2019s value.<\/p>\n

Typically, if someone\u2019s home is more valuable, they will owe more in property taxes. Home values are also re-evaluated as often as every year, which means property tax bills can change.\u00a0<\/p>\n

The issue facing many homeowners is that property taxes are growing due to increased home values and changes to local tax rates, Realtor.com senior economist Joel Berner said in an April report.<\/p>\n

The median property in the US saw its property tax bill grow by 2.8% from 2023 to 2024 as over 73% of properties had tax increases during that time.<\/p>\n

In 2024, the median tax bill in the US was $3,500, which was largely driven by\u00a0home price appreciation.\u00a0<\/p>\n

New Jersey has the highest median property taxes of any state in the US. John McAdorey \u2013 stock.adobe.com<\/p>\n

A residential neighborhood in Wanaque, NJ, on July 4, 2025. Christopher Sadowski<\/p>\n

However, Berner said many homeowners may not realize they can protest their home\u2019s value assessment.<\/p>\n

In fact, over 40% of properties nationwide could save at least $100 by protesting the assessed value, with a median savings of over $500, according to Berner.\u00a0<\/p>\n

Such taxes have become a flashpoint\u00a0among politicians, with some even calling for their complete elimination.<\/p>\n

One Pennsylvania lawmaker argued that homeowners shouldn\u2019t have to \u201cpay rent\u201d to the government.<\/p>\n

The New York City skyline in the background near Newark, NJ, on June 17, 2021. Bloomberg via Getty Images<\/p>\n

A residential community in West Orange, NJ on June 22, 2025. Christopher Sadowski<\/p>\n

New Jersey Gov. Phil Murphy speaks at a press conference at Newark Penn Station on May 15, 2025. Kyle Mazza\/NurPhoto\/Shutterstock<\/p>\n

Recently, Gov. Ron DeSantis doubled down on his goal of eliminating property taxes in Florida, a move that would make it the lone state in the country with no state income or property tax.<\/p>\n

Residents in New Hampshire, New Jersey, Connecticut, Washington and New York face the highest<\/a> median property tax amount, according to the most recent data from Realtor.com<\/p>\n

Conversely, Indiana, Alabama, West Virginia and Arkansas residents have the lowest median property tax amount.\u00a0<\/p>\n

Here are the states in order from highest to lowest median property tax amount, according to Realtor.com:\u00a0<\/strong><\/p>\n