​Hawaii has lowest real property tax, WalletHub report says

​Hawaii has lowest real property tax, WalletHub report says

Hawaii has the lowest real property tax in the United States with a rate of 0.27 percent, according to a report by WalletHub.

According to the report, Hawaii’s annual taxes on a $178,600 home is $487, 8.6 times lower than in New Jersey, the state with the highest property taxes at $4,189. WalletHub selected $178,600 as the marker because it was the 2015 median U.S. home value, according to the Census Bureau, though the median price of a home in Hawaii is much higher.

Hawaii tops the list with…

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Author: Katie Murar

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