the staff of the Ridgewood blog
Ridgewood NJ, Each year, the average American household spends $2,279 on real-estate property taxes plus another $440 for residents of the 27 states with vehicle property taxes. With such high costs, it’s no surprise that more than $14 billion in property taxes go unpaid each year, according to the National Tax Lien Association.
In order to determine who pays the most relative to their state, the personal-finance website WalletHub today released its 2019 Property Taxes by State report as well as accompanying videos, which compares home and vehicle taxes across the nation and features insights from a panel of experts.
Property Taxes in New Jersey (1st=Lowest; 25th=Avg.):
- Real-Estate Property Tax Rank: 51st
- Vehicle Property Tax Rank: 1st
- Real-Estate Tax on Median State Home Value: $7,840
- Real-Estate Tax on Median U.S. Home Value: $4,725
- Vehicle Property Tax on Best-Selling Car: $0.00
For the full report, please visit:
https://wallethub.com/edu/states-with-the-highest-and-lowest-property-taxes/11585/
Brutal
Bye Felicia…I leaving you fools who remain here holding the peveriable bag. Good luck with that.
Gotta feed the unions that milk us.
They own the democrats
The well has run dry
Yay!
We’re #1 !!
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Finally we win at something.
We keep dropping in Education, but at least we are #1 in taxes!!!
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