Mar 1, 2017 10:09 AM
Crushing property taxes keeps NH at bottom of national list
The weight of property taxes is no surprise for people in New Hampshire and an online report comparing the Granite State to other states confirmed what homeowners already know.
According to the personal finance website WalletHub, New Hampshire ranks 49th in property taxes, held off of he bottom of the list by only Illinois and New Jersey.
WalletHub's data uses the median home value of approximately $179,000, the latest number available. Using that information, a New Hampshire homeowner would pay $3,838.
At the opposite end of the spectrum, homeowners in Hawaii would pay only $487 on a home of the same value.
The median value for a home in New Hampshire is $237,300. The median value in Hawaii is $515,300
Quoting information from the U.S. Census Bureau, WalletHub says Americans pay 2,149 on property taxes for their homes each year. Additionally, the country's 27 states that require vehicle property taxes average $402.
The National Tax Lien Association says that approximately $12 billion in property taxes to unpaid each year.