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10 States With the Worst Property Taxes

2. New Hampshire

Average Property Taxes as % of Median Income: 6.38 percent (2nd Most)

Average Median Property Taxes Paid on Homes: $4,168 (2nd Most)

Unemployment Rate: 5.4 percent (4th lowest)

Average Median Income for Home Owners: $72,489 (13th Highest)

Percent decrease in Median Home value (2006-2009): -2.8 percent (11th Greatest Decrease)

Vermont’s neighbor, New Hampshire, has an even higher rate of property taxes as a percent of resident income, at 6.38 percent. The state’s residents also pay the second-most overall on taxes, a median of $4,168 per household. Unlike Vermont, property values decreased by 2.8 percent between 2006 and 2009, the 11th highest decrease in the country. New Hampshire has comparably low unemployment rates and median income for homeowners, meaning residents are probably more capable of paying these large property taxes than the residents of less well-off states.

(iStock Photo)

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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