Property taxes vary significantly across the U.S. with northeastern states imposing effective property tax rates ten times higher than in southern states.
That comes from a Washington D.C. group that noted some states are exploring property tax caps. The Committee to Unleash Prosperity, which advocates for free trade and limited government spending, found that the average single-family-home property tax in New Jersey hit $9,500 in 2022. That compares with the average of $928 in West Virginia and $1,022 in Alabama, according to a report from the group.
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